
Seb Henbest
Group Head of Climate Transition at HSBC, focusing on climate-related finance, transition capital flows and the economics of decarbonisation.
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Oct 30, 2025 • 43min
The Energy Transition: Where’s the Money?
Christian Egenhofer, European energy policy expert at CEPS. Seb Henbest, HSBC climate finance lead tracking transition capital. Lars Eirik Nicolaisen, Rystad Energy deputy CEO and energy analyst. They map where capital is moving, which sectors attract patient versus mature investment, grid and permitting bottlenecks, and which services and suppliers stand to gain as electrification scales.


