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.


QUOTE: “The first thing we have to do is destroy oil as a strategic commodity”

September 23, 2007

(ClimateRadar.com) “The first thing we have to do is destroy oil as a strategic commodity.” Former CIA director James Woolsey said at a renewable enrgy conference in Iowa, USA. Woolsey, is now a lawyer specializing in energy for the Booz Allen Hamilton consulting firm.

http://www.renewableonparade.com/


CHINA: Renewable energy accounted for 8% in 2006

September 22, 2007

(ClimateRadar.com) According to a report from World Solar-energy Conference held in Beijing, China produced 8% renewable energy in 2006, 0.5% more than in 2005. By the end of 2006, China’s solar energy heaters grew to a scale of 90 million square meters, accounting for 75.8% of the world’s total holding. According to China’s medium and long term development plan on renewable energy, by 2020 China’s renewable energy will account for 16% of total energy consumption.

http://www.swc2007.cn/english/indexEn.htm 


Climate change tops future humanitarian challenges: Annan

September 18, 2007

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(AFP) Former UN chief Kofi Annan warned Monday that climate change was likely to be the most urgent humanitarian challenge in the future, highlighting some one million people hit by recent flooding in Africa.


Renewable energy is not a bubble

September 14, 2007

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Renewable energies and demand-side technologies have become the third largest investment class for venture capitalists (VC) in the U.S. This was just one of the messages heard by the more than 700 investors and entrepreneurs who convened on the campus of the University of California Davis this week for a three-day conference that showcased the newest in clean energy technologies.

http://www.renewableenergyaccess.com/rea/news/story?id=49936


UNEP organises Clean Up Week

September 13, 2007

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Community-based action on climate change involving an estimated 35 million people across the planet in 2007 will culminate in the Clean Up the World Weekend on 14-16 September.

http://www.unep.org/Documents.Multilingual/Default.asp?DocumentID=517&ArticleID=5661&l=en


Mel Gibson turned climate change entrepreneur

September 12, 2007

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Hollywood actor Looks to Transport Carbon Dioxide Waste to Far-off Oil and Gas Fields

http://www.thedailygreen.com/2007/09/12/mel-gibson-gives-nod-to-co2-shipping-scheme/6506/?src=nl&mag=tdg&list=dgr


Christian March begins with Hollywood star

September 10, 2007

Hollywood star Greta Scaachi and Maggot from Goldie Lookin’ Chain were among a crowd welcoming an 80-day march against global warming as it reached Cardiff.

http://news.bbc.co.uk/2/hi/uk_news/wales/south_east/6986107.stm


Doha Bank organising global warming seminar

September 9, 2007

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DOHA Bank organised a seminar on ‘Global warming and environment protection’ in Singapore at the weekend as part of its ongoing pro-environment initiative.

http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=171651&version=1&template_id=36&parent_id=16 


Spain’s EuroBasket 2007 to be carbon neutral

August 7, 2007

The basketball European championship in Spain next month will be a carbon neutral event, organisers have said.

http://sport.guardian.co.uk/breakingnews/feedstory/0,,-6830853,00.html