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.”

ccn-global-map.jpg

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.


Great Lakes disappearing fast

September 25, 2007

(ClimateRadar.com) According to a Globe and Mail article, the Great Lakes, the larget body of fresh water on earth, is shrinking at an alarming rate. Global warming seems to be the culprit.

http://www.theglobeandmail.com/servlet/story/LAC.20070924.LAKES24/TPStory/TPNational/Ontario/


Arctic Ice slowly recovering from worst year in history

September 21, 2007

arctic-ice.gif (left, 2007 minimum compared to previous minimum set in 2005. Source NSIDC)

(ClimateRadar) According to the National Snow and Ice Data Center, ice coverage in the Arctic is slowly recovering from the lowest coverage in recorded history. The apparent 2007 minimum was 4.13 million square kilometers (1.59 million square miles). It shatters the previous five-day minimum set on September 20–21, 2005, by 1.19 million square kilometers (460,000 square miles), roughly the size of Texas and California combined, or nearly five United Kingdoms.

http://nsidc.org/news/press/2007_seaiceminimum/20070810_index.html


Global warming to increase infectious disease: study

September 19, 2007

(AFP) Global warming likely will lead to an increase in infectious disease around the world, as viruses, microbes and the agents that spread them flourish, experts at a medical conference warned Tuesday.

http://afp.google.com/article/ALeqM5hjaUrZsqGno4j-bxaN7y3dKf5nHA 


Arctic Summer Ice Thickness Halves to 1m

September 19, 2007

(PlanetArk) Large tracts of ice on the Arctic Ocean have halved in thickness to just 1 metre (3 ft) since 2001, making the region more accessible to ships, a researcher said on Tuesday.

http://www.planetark.com/dailynewsstory.cfm/newsid/44396/story.htm


Iceland to be ice free very soon

September 18, 2007

iceland.jpg

(News Yahoo) One day during a visit to the lovely country of Iceland last May, the retiring Icelandic ambassador to the United States, Helgi Agustsson, got a slightly devilish look on his face, then said suddenly to me: “There’s someone else you must see while you’re here in Reykjavik. He has a kind of… original view of things.”

http://news.yahoo.com/s/ucgg/20070917/cm_ucgg/paceofclimatechangequietlyquickens


Global Warming effects on Alaska

September 16, 2007

(Earth Portal) Latest report on climate change effects in Alaska. More than anywhere else in the United States, Alaska has experienced widespread, adverse impacts from global warming, which are well documented and representative of some of the substantial costs associated with human-caused climate change.

http://www.earthportal.org/?page_id=70


Greenland warms to potatoes

September 15, 2007

“The price of potatoes was a headline,” says Professor Rosing. “That would have been a hilarious joke in Greenland a few years ago.”

http://news.bbc.co.uk/2/hi/americas/6993612.stm


Ice loss opens Northwest Passage

September 14, 2007

The most direct route through the Northwest Passage has opened up fully for the first time since records began, the European Space Agency (Esa) says.

http://news.bbc.co.uk/2/hi/americas/6995999.stm


Africa: Continent Faces ‘Worst Effects From Global Warming’

September 14, 2007

Africa is still the most vulnerable and the least prepared continent to adapt to the consequences of climate change, experts have warned.

http://allafrica.com/stories/200709130059.html