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.


Canadian Solar company secures $17m

September 24, 2007

(ClimateRadar.com) Day4Energy, a Vancouver-based company has secured $17m to expand its production of solar panels. Day4 Energy has developed new PV technology that will significantly reduce the cost of PV to the end-user, making future technology a reality.

www.day4energy.com


LG to invest $2M in new Solar Company

September 24, 2007

(ClimateRadar.com) South Korean giant, LG, is planning to start a solar subsidsiary called LG Solar. It will invest $2m to start, with at further $5m to operate. “LG Corp. has made a decision to advance into the green and renewable energy sector, which has high growth potential, though detailed plans are not yet decided,” said Yoo Won, LG Corp.’s executive director.

www.lge.com


Sanyo producing will produce €20m of solar panels

September 24, 2007

(ClimateRadar.com) According to SolarBuzz, the Japanese electronics giant, Sanyo, has agreed to cooperate in the financing and manufacturing of solar panels worth €20M/year with German based Wattner AG.

http://www.solarbuzz.com/news/NewsEUCO442.htm


Schroders launches new Climate Change Fund

September 23, 2007

(ClimateRadar.com) On September 28th, Schroders, a global asset managment company, will launch a global climate change fund. It will be managed by Simon Webber and Matthew Franklin, who already run a similar climate change fund for Asian investors. Although not launched, you can check this webcast about the reasons driving the fund.

http://mediazone.brighttalk.com/comm/Schroders/07b70c5534-3620-681-3231


Fleishman-Hillard becomes carbon neutral

September 22, 2007

(ClimateRadar.com) Fleishman-Hillard International Communications announced the creation of its worldwide Sustainability Communications practice. The practice is designed to counsel clients on policy and work with them to articulate views and actions on critical resource management issues such as fossil fuel consumption, water conservation, and CO2 emissions.

http://www.fleishman.com/point-of-view/News/pr091907.html


Businesses must support emissions reduction, top UN official says

September 22, 2007

(ClimateRadar.com) The private sector must support industrialized countries’ serious emission reduction commitments to curb climate change and maintain the momentum of the system of exchanging emissions on the ‘carbon market,’ the top United Nations climate change official said today.

http://www.un.org/apps/news/story.asp?NewsID=23882&Cr=climate&Cr1=change 


Nine companies commit to carbon footprint products

September 22, 2007

 

(ClimateRadar.com) Following the carbon footsteps of Walkers Crisps and Innocent Drinks, nine more companies are joining the carbon labeling bandwagon and working with the Carbon Trust in labeling their products. Companies such as Coca-Cola, Cadbury Schweppes, have joined the cabron labeling scheme managed by The Carbon Trust.

http://www.carbontrust.co.uk/about/presscentre/190907_Partner+announcement.htm 

http://www.carbon-label.co.uk/ 


Volvo opens first carbon neutral factory in Belgium

September 22, 2007

 

(ClimateRadar.com) Volvo has opened the first carbon neutral truck company in the world.

http://www.volvo.com/NR/rdonlyres/E4BB6381-ECBB-4300-8F18-52F5E1CDB746/0/CO2freecompany.pdf


BT launches carbon impact assessment service

September 22, 2007

(ClimateRadar.com) BT today announced that its newly formed Global Services sustainability practice has launched a service to help large corporates and public sector organisations reduce their energy consumption and carbon footprint. BT’s carbon impact assessment enables organisations to accurately calculate the amount of CO2 emissions produced as a result of the use of networked IT services. It also provides a set of workable solutions to help customers reduce their energy consumption and carbon footprint.

http://www.btplc.com/news/articles/showarticle.cfm?articleid=%7bbcba4e5f-4025-4837-869c-c783eea0ae08%7d