HK Summit

The fund manager will use its hands-on approach to expand into developing economies, vice-chairman Jim Yong Kim said.

Investors highlighted the need for local partnerships to go deeper into unexplored geographies

A sharp drop in battery costs and the nascent sector’s ability to solve renewables’ intermittency issues could create a $1.2trn investment opportunity over the next two decades, according to a panel at the Infrastructure Investor Summit.