Larry Fink, CEO of Blackrock, the world's largest investment fund manager, expects a boom in investments in infrastructure related to renewable energy and clean technologies. In a presentation to analysts on Blackrock's first-quarter results, Fink noted that the war in Ukraine is driving a significant increase in the production of conventional energy resources in the short term, but that the war is also drawing attention in many parts of the world to the development of greener energy sources in the long term. "The opportunity will be great and will be there for many years,", he said.

In his annual letter to Blackrock shareholders earlier this year, Fink noted that the next 1,000 unicorns (start-ups with a market value of more than US$1 billion before going public) will be companies focused on innovation and clean energy development. "I believe that the decarbonization of the global economy will create the greatest investment opportunities of our lifetimes," he said in the letter.

As of September 31, 2021, Blackrock had investments of US$509 billion in sustainable companies. However, the asset manager continues to invest in fossil fuel companies. According to Fink, decarbonization will not happen overnight, but rather we will go through dark shadows and green shadows in the process. "It is neither possible nor practical to turn off the natural gas tap immediately,", he said. For Fink, any technology or policy that increases energy costs for the poorest and most vulnerable populations on the planet will only help to generate polarization around climate changeand would be detrimental to progress.