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.


George Bush again sidesteps UN

September 24, 2007

(ClimateRadar.com) Once again George Bush will sidestep the UN conference on climate change this week, and will only attend the gala dinner. This is in light of the ‘other climate change summit’ that he is organising on Thursday at the White House. Although it reflects an effort to acknowledge climate change, many see this as a PR exercise with very little substance to come out of this conference. For more >>> http://www.iht.com/articles/2007/09/23/america/climate.php


New forum established for sustainable nuclear energy research

September 23, 2007

(ClimateRadar.com) Energy consumption worldwide is likely to double between 2000 and 2050, and nuclear energy will remain a key element in future low-carbon energy systems. Europe has the largest nuclear industry in the world and one third of its electricity comes from nuclear plants. A Sustainable Nuclear Energy Technology Platform (SNETP) was launched in Brussels, bringing together researchers and industry to define and implement a Strategic Research Agenda and corresponding Deployment Strategy.

http://www.europa.eu/rapid/pressReleasesAction.do?reference=IP/07/1370&format=HTML&aged=0&language=EN&guiLanguage=en


Climate change deal agreed on ozone

September 23, 2007

 

(ClimateRadar.com) Governments Agree to Accelerated ‘Freeze and Phase-out” of Ozone and Climate-Damaging Chemicals at Montreal Protocol’s 20th Anniversary Celebrations

http://www.unep.org/Documents.Multilingual/Default.asp?DocumentID=517&ArticleID=5671&l=en


New Zealand announces carbon trading scheme

September 22, 2007

(ClimateRadar.com) New Zealand announced that it was launching a new carbon trading scheme.

http://www.climatechange.govt.nz/


UK Houses will miss zero carbon target

September 22, 2007

(ClimateRadar.com) National Housing Federation chief executive David Orr warned that the Government is in danger of missing its target to ensure all new homes are zero carbon by 2016. Speaking at the Federation annual conference, at the ICC in Birmingham, Mr Orr revealed that while 92% of housing association new homes are already meeting minimum sustainable standards only 2% of new homes built by private developers do so. 

http://www.housing.org.uk/default.aspx?tabid=212&mid=828&ctl=Details&ArticleID=654


Pro-Fossil Fuel senators writing global warming proposal

September 22, 2007

(ClimateRadar.com) According to Blogger ‘The Cunctator’ the new legislative laws are being concocted by senators with strong links to the fossil fuel industry.

http://www.dailykos.com/story/2007/9/19/183955/708


Schwarzenegger embraces role as global-warming statesman

September 22, 2007

(Source: Union Tribune, SanDiego) When the U.N. secretary-general extended an off-the-cuff invitation to participate in a global-warming conference in New York City, Gov. Arnold Schwarzenegger didn’t hesitate.

http://www.signonsandiego.com/news/state/20070920-9999-1n20warming.html 


AUSTRALIA: Carbon offset will not be mandatory

September 22, 2007

Nigeria: Minister Harps on Global Warming as Calamity

September 22, 2007