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.


Investor alliance sign petition to US stock market

September 24, 2007

(ClimateRadar.com) A broad coalition of investors, state officials with regulatory and fiscal management responsibilities, and environmental groups today filed a landmark petition asking the Securities and Exchange Commission (SEC) to require publicly-traded companies to assess and fully disclose their financial risks from climate change. The 22 petitioners include leading institutional investors in the U.S. and Europe managing more than $1.5 trillion in assets.

http://www.ceres.org/pub/docs/Full%20Petition.pdf


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


Venture Capital reaping Billions

September 22, 2007

 

(ClimateRadar.com) European venture capital investors are on track to realise annualised gross returns above 50% from investment in clean energy companies, according to the second annual European Clean Energy Venture Returns Analysis, completed by New Energy Finance to coincide with the European Energy Venture Fair 2007, taking place this week in Zurich.

http://www.newenergyfinance.com/docs/Press/2007-09-18_Venture_Investors_in_Clean_Energy.pdf 


Carbon trading market will be $100bn by 2020

September 22, 2007

(ClimateRadar.com) According to a new report launched by Lehman Brothers, the size of the carbon trading market will be $100bn by 2020.

http://www.lehman.com/press/#0907


MunichRe covers renewable energy projects in India

September 22, 2007

(Source: The Economic Times, India) Munich Re has developed an insurance cover that will boost renewable energy projects in India by guaranteeing polluters in developed countries carbon credits from their investments in renewable energy projects in developing countries such as India. http://economictimes.indiatimes.com/News/News_By_Industry/Energy/Power/Renewable_energy_projects_to_get_Munich_Re_cover_in_India/articleshow/2391910.cms


Credit card aiming to fight climate change

September 19, 2007

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(ClimateRadar) A new American startup, BrighterPlanet, will be releasing their first product, the patent-pending Bright Card. It is a credit card with a green twist — instead of getting points or airline miles for dollars spent, a percentage of purchase charges will be invested in efforts to advance renewable energy. Not much else is known about the advantages and business model of the company, however, BrighterPlanet is not a not-for-profit and will be making money from this green credit card. >>> http://brighterplanet.com/


First Environmental fund of hedge funds launched

September 18, 2007

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(ClimateRadar) A new fund of hedge funds is revolutionising the way the climate change industry will be financed.

https://www.rmf.ch/multimedia/news/press_articles/2007/pr050907_rmf_trading.pdf


PRESS RELEASE: $3 million fund to aid renewables

September 18, 2007

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(ClimateRadar) CANADA – The Community Power Fund has launched today a new $3 million fund to support community-owned renewable energy projects in Ontario. This fund is the first of its kind in Canada.

http://www.cpfund.ca/pdf/fund-launch-release.pdf


INDIA: Cost of dealing with climate change: 2% of GDP

September 18, 2007

(The Times of India) The development projects India is undertaking to reduce impacts of climate change is already cutting into its GDP. In 2006-07, India used 2.17% of its GDP on projects that will help communities adapt to climate change and reduce their vulnerability to climate change.

http://timesofindia.indiatimes.com/India/Cost_of_dealing_with_climate_change_2_of_GDP_/articleshow/2373069.cms