Jim Maguire and Richard Matsui talk: "Finance, insurance and sustainable cooling"

Past Event

13 September 2021, 9:00am - 10:00am

Event Recording:

Cooling is necessary for the quality of life of billions of people living across countries.

Whether in hot climates or in regions that are traditionally unprepared for ever more frequent heatwaves due to climate change. The energy needed for air conditioning is likely to triple by 2050, with an equivalent of ten new air conditioning units projected to be sold every second for the next 30 years (as per the IEA). This huge demand has the potential to drive up greenhouse gas emissions and exacerbate the very problem it is designed to alleviate. The Future of Cooling Programme’s vision is to understand and shape worldwide cooling solutions which place planetary stewardship and protecting people’s needs at their heart. These will inform and help prepare countries for extreme heat events by prioritising passive and less energy-intensive technology, while shifting the trajectory of cooling growth towards sustainability.

As we move towards one of the most important rounds of the UNFCCC Climate Negotiations, the Future of Cooling programme is hosting a series of online seminars leading up to COP26. The motivation behind the series is the need for high-profile and broad-reaching conversations on tackling cooling as a system -- one that is integral to addressing the climate crisis. The webinars will engage in conversation with academics, industry and policy makers, and cover each of the themes that link to the programme’s framework on sustainable cooling: social interactions and cooling cultures; cooling technology and innovation; models for sustainable cold chains; circular cooling economy; infrastructure design for sustainable cooling; and finally, cooling for climate action.

This talk is organised by the Oxford Martin Programme on the Future of Cooling

Jim Maguire

Jim Maguire
Partner at Sustainable Development Capital L.L.P

Jim is a Partner at Sustainable Development Capital L.L.P based in Hong Kong and responsible for the development of the Asia Cooling and Energy Efficiency Fund. He coordinates a grant from the Kigali Cooling Efficiency Program that supports advanced cooling technology projects in Asia and Africa. Jim has 25 years’ experience across insurance, project finance and infrastructure development in Asia and previously led the Asia risk advisory and syndication businesses for the two largest insurance brokerages, acting for sponsors and lenders in the development of over US$25 billion of investments in renewable and traditional power generation technologies.

Jim speaks frequently on the role of financial risk management instruments, particularly in the context of Energy Efficiency and Renewable Energy. He has been an investor in SDCL since 2011, as well as other InsureTech and sustainable infrastructure platforms. Jim holds an MA in Latin American Studies from the University of Texas, Austin and, a BSFS from the School of Foreign Service, Georgetown University.

Riachard matsui

Richard Matsui
Founder and CEO, kWh Analytics

Richard Matsui is the Founder and CEO of kWh Analytics. Prior to kWh, his company Honua Solutions provided management consulting services to multiple leading global solar industry firms across Asia, Europe, and the US. Prior to forming Honua Solutions, Richard was a Consultant at McKinsey & Company in their Greater China office. Over three years, he established himself as the firm’s leading expert on the global PV solar industry by accumulating more experience than any pre-partner consultant.

Richard graduated from Georgetown University’s School of Foreign Service magna cum laude and Phi Beta Kappa, and is a Forbes’ “30 Under 30” Award recipient. He is from Honolulu, Hawaii.