Climate Capital Network launches global market for climate change investments

March 18, 2008

(Climate Capital Network) London, UK, March 18th 2008 – Today sees the official launch of a global market for investments tackling climate change at www.climatecapital.net. Climate Capital Network™ will attract and facilitate massive capital flow from investors, to ventures that mitigate and compensate greenhouse gases (GHG) globally.

Michael Mathres, Partner & Co-Founder says: “We need to massively increase and accelerate capital flow into solutions tackling climate change if we are serious about dealing with this problem. Climate Capital Network will do just that.”

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Climate Capital Network (CCN) will accelerate our global transition to a low-carbon economy, by connecting investors and entrepreneurs/companies offering solutions that tackle climate change (e.g. renewable energy, clean technology, energy efficiency, recycling, CDM, JI, CCS, geo-engineering, forestation etc…). Investors interested in such ventures, and entrepreneurs and companies providing them have to register for FREE at www.climatecapital.net. Climate Capital Network will then conduct due diligence, strategically advise them, provide intelligence, and help them with fundraising.

Over the past year CCN has conducted research in the scale and size of this low-carbon economy and values it at more than a Trillion Dollars*.

Michael Mathres, Partner & Co-Founder says: “The Kyoto Protocol is simply not enough! We have to massively reduce our global emissions and have only 10-20 years to fix things. We need to start a Third Industrial Revolution predicated on, and driven by, low-carbon energies and technologies. Climate Capital Network will mobilize global investors, and connect them with these low-carbon solutions.”

WHY DOES CLIMATE CAPITAL NETWORK EXIST?
• Our current financial markets are inefficient and ineffective.
• There is no global investment market for solutions that tackle climate change.
• There is not enough capital addressing climate change adaptation and mitigation.

Climate Capital Network is managed by two entrepreneurs with 15 years experience in the climate change and finance industry. Michael Mathres (London) & Alan Ocaña (Paris) are supported by a team of analysts, and an Advisory Board.

KEY POINTS ABOUT CCN:
• Global exclusive network of private, public, corporate, venture, institutional, individual and High-Net-Worth investors, companies, governments and experts.
• CCN is independent and not affiliated to any funds, countries, or political parties
• Platform is easy to use and membership is FREE with no obligation
• CCN offers consulting, fundraising and intelligence services to facilitate capital flow
• CCN has developed, with its strategic partner Epsilon Research[1], a database of reports on financial transactions in the climate change sector. The database is launching with more than 100 deals aiming to get 400 by the end of 2008.
• CCN is already working with large corporations, rich entrepreneurs and investors
• Offices in London, Paris and, soon, San Fransisco.

For more information and interviews please contact: Michael Mathres, Partner & Co-Founder, Climate Capital Network, London: +44 20 755 88 185 miche@climatecapital.net or go to www.climatecapital.net

*Key figures of this Trillion-dollar market:
• Rising Energy Demand – Spending on global supply infrastructure will exceed $15 trillion through 2030 according to the International Energy Agency.
• Stern Review – The Stern Review suggests committing 1% of GDP ($350-480billion/year) to cut carbon emissions.
• UNFCCC – The United Nations Framework Convention on Climate Change says that to mitigate climate change, we would need $200billion/year or 0.3% of global GDP.
• Carbon trading schemes – According to Point Carbon, the market has tripled to more than $60B in the past year. It will be worth more than $1 trillion within a decade, says New York Times.
• Voluntary carbon markets – According to Katoomba, this market grew 200% last year and is currently worth over $100M.
• Energy productivity/efficiency -The McKinsey Global Institute has indicated that we must invest $170 billion/year, to reduce global energy demand by half.
• Renewable energy – According to Ernst & Young global investment in renewable energy could reach US$750bn within the next ten years. US bank Morgan Stanley estimates the US market for clean energy sources—like wind, solar, geothermal, and biofuels—could top $1 trillion by 2030.
• Institutional investors – The Carbon Disclosure Project, an organization representing over $41 trillion in assets, is asking for more action on climate change and the full disclosure of carbon emissions by all FT500 companies.
• Next US President – All US presidential candidates (Obama, Clinton & McCain) have hinted at joining post-Kyoto negotiations and forming a national carbon cap-and-trade scheme that would be worth $150 Billion by 2012.
• Consumers – bought low-carbon goods, which was worth £4.1B in the UK alone in 2006 according to the Co-operative Bank.
• Clean technology – According to New Energy Finance, investors poured more than $150B in 2007 in clean-tech.


UK: Government go-ahead for Wave Hub project

September 18, 2007

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(ClimateRadar) The UK Government will today give planning approval for the world’s first large scale wave farm off the coast of Cornwall in South West England.

http://www.southwestrda.org.uk/news/release.asp?releaseid=2136


New heating device could save energy by 50%

September 18, 2007

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(The Daily Mail)  It sounds too good to be true – not to mention the fact that it violates almost every known law of physics. But British scientists claim they have invented a revolutionary device that seems to ‘create’ energy from virtually nothing.

http://www.dailymail.co.uk/pages/live/articles/technology/technology.html?in_article_id=481996&in_page_id=1766&ito=1490


Atlantic Carbon Sink to be tested in 2009

September 16, 2007

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(Treehugger)  In an attempt to test the possibility of mitigating the effects of global warming, scientists from India, Germany, Italy and Chile plan on “sinking” carbon emissions into the Scotia Sea, off the Antarctic Peninsula in the South Atlantic, during January to March 2009.

http://www.treehugger.com/files/2007/09/international_t.php


Carbon-Capture Technology at Least 10 Years away

September 13, 2007

The technology to capture carbon-dioxide emissions from a power plant and store them underground is 10 to 15 years away from commercial viability, limiting the power sector’s ability to significantly cut emissions in the short to medium term, Duke Energy Corp.’s (DUK) top executive said Tuesday.

http://money.cnn.com/news/newsfeeds/articles/djf500/200709111606DOWJONESDJONLINE000660_FORTUNE5.htm


The climate change paradox

September 13, 2007

With enough CO2 injected into declining oil fields, the US could see its petroleum reserves quadruple.

http://www.csmonitor.com/2007/0911/p03s03-wogi.html


Koshla puts in $40M in solar startup

September 10, 2007

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We knew that Khosla Ventures and Kleiner Perkins Caufield & Byers were major backers of Ausra Inc., the Palo Alto, Calif.-based developer of solar-thermal power generation systems. But the company will disclose Monday, along with the launch of its Web site, that Khosla and Kleiner Perkins have invested $40 million in Ausra’s first round of financing, giving the two VCs roughly half ownership in the company.

http://tyler.blogware.com/blog/_archives/2007/9/9/3219338.html 


New Catalyst May Revolutionize Biodiesel Production

September 10, 2007

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Victor Lin, a chemistry professor at Iowa State University, has developed a catalyst that he thinks will revolutionize biodiesel production. Lin has founded a company in Ames, Catilin Inc., to develop and market that technology.

http://www.sciencedaily.com/releases/2007/07/070708193929.htm


India becoming solar hub

September 10, 2007

After IT and pharma, India is on course to emerge as a solar hub. The Centre’s move to offer fiscal incentives to solar cell and photovoltaic (PV) manufacturers coupled with surge in global demand for renewable energy sources has triggered domestic and multi-national companies to set up shop here.

http://economictimes.indiatimes.com/News/News_By_Industry/Energy/Power/India_fast_emerging_as_a_solar_hub/articleshow/2353788.cms


VC investment in clean tech increases globally

September 9, 2007

The Cleantech Network™ reported today that in Q2 2007 North American and European venture investments in the cleantech category totaled just under USD $1 billion, representing a 10% increase over the $903 million invested in Q1 2007. For the first half of 2007, there was a total of $1.90 billion in venture capital invested in the cleantech category in North America and Europe compared to $1.73 billion invested in the first half 2006, representing a 10% increase.

http://cleantechnetwork.com/index.cfm?pageSRC=PressReleases