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.


World airline traffic set to grow at 5% a year until 2025

September 25, 2007

(ClimateRadar.com) According to the International Civil Aviation Organisation (ICAO), Total world airline scheduled passenger traffic in terms of passenger-kilometres is expected to grow at an average annual rate of 4.6 per cent up to the year 2025, half a percentage point lower than the growth rate achieved over the period 1985-2005, according to forecasts prepared by the International Civil Aviation Organization. Total freight traffic growth over the same period is forecast to be stronger, at 6.6 per cent per annum in terms of freight tonne-kilometres.

http://www.icao.int/icao/en/nr/2007/pio200708_e.pdf


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


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


Climate change: long-term framework conditions are needed now!

September 22, 2007

(ClimateRadar) Bojrn Stigson, President, World Business Council for Sustainable Development, has launched a plea for parties to work together at the UNFCCC conference in Bali due this December.

http://president.wbcsd.org/2007/09/climate-change-.html


UK: New report asks for overhauling of energy market regulation

September 19, 2007

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(ClimateRadar) Energy market regulation in the UK needs to be overhauled to meet the challenges of carbon reduction and renewables targets, according to Government advisory body the Sustainable Development Commission. In a report published today (19 September), the Commission argues that reducing greenhouse gas emissions, should be made central to Ofgem’s remit in order to meet the needs of future consumers.

The report, Lost In Transmission – The role of Ofgem in a changing climate, highlights some of the ways in which Ofgem could play a long-term role in reducing carbon emissions from electricity and heat production.

http://www.sd-commission.org.uk/presslist.php?id=71


Eco-motoring report launched

September 13, 2007

Motorists should be taught new driving techniques to reduce carbon emissions from their vehicles, a report suggests.

http://news.bbc.co.uk/2/hi/uk_news/6990602.stm


UNFCCC launches online CDM marketplace

September 10, 2007

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The United Nations Framework Convention on Climate Change (UNFCCC) secretariat and the United Nations Environment Programme (UNEP) have announced the official launch of the CDM Bazaar web-portal <www.cdmbazaar.net>, designed to facilitate exchange of information among buyers, sellers and service providers engaged in the clean development mechanism (CDM).

http://cdm.unfccc.int/CDMNews/issues/issues/I_L6W569ZH62RDVOQETAT7X578TNTG0I/viewnewsitem.html


Al Gore: Climate change infor manipulated

August 7, 2007

Al Gore claims that big oil companies are funding misinformation on climate change.

http://www.nytimes.com/aponline/world/AP-Gore-Climate-Change.html?_r=2&oref=slogin&oref=slogin


Australia opens carbon exchange

July 23, 2007

AUSTRALIA’S first carbon trading exchange went live at midday today with the bidding price of $8.50 per metric tonne.

http://www.news.com.au/story/0,23599,22118793-2,00.html