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Former National Climate Advisor Gina McCarthy works for two private equity firms that have climate portfolios with investments in China.
McCarthy currently works as an advisor for private equity firms Pegasus Capital Advisors LP and TPG Inc., according to her website, both of which have investments in China and are funds that invest using environmental and social metrics. McCarthy worked for the Biden administration as the first ever climate czar where she pushed for the climate provisions in the bipartisan infrastructure law and the Inflation Reduction Act, which she argues “led to the most aggressive action on climate in U.S. history.” Pegasus Capital Advisors, where McCarthy works as an operating advisor, manages the Green Climate Fund’s (GCF) Global Subnational Climate Fund (SnCF), which was created in 2021 in order to “address a major deficit in climate finance,” according to a press release from the GCF . The Biden administration has […]
Excerpt Sourced From: americafirstreport.com
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