BlackRock, which had $9.4 trillion assets under management at the end of June, announced Monday that Nasser’s post as an independent director — which is effective immediately — reflected “the importance of the Middle East” to its long-term strategy.
5 billion venture capital fund to invest in sustainable technologies globally, including carbon capture and storage and hydrogen fuels. Even so, in December 2021, Nasser urged global leaders to continue investing in fossil fuels, arguing that the world cannot switch to clean energy overnight. “Admitting this reality will be far easier than dealing with energy insecurity, rampant inflation and social unrest as prices become intolerably high.
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