11 June 2006, The Observer

Here come the caring, sharing millionaires:

Now big business is waking up to the environment, writes James Robinson...."

Conventional wisdom dictates that the interests of the environment and the corporate world are rarely aligned. It is big business, after all, that pumps pollution into the atmosphere, razes rainforests and poisons rivers. But, as climate change and global warming move up the political agenda, a new breed of environmental entrepreneur is emerging. They recognise that green ideas are being embraced by governments, creating an opportunity to enter industry still in its infancy - and make potentially lucrative returns."

"Few pin-striped-suited bankers have a more conventional City CV than Mark Bell. Mr Bell spent 18 years working as an executive at leading investment banks including Deutsche Bank and UBS Warburg. For the last three of those years, he advised Montagu Private Equity, the venture capital arm of the blue-blooded London bank. But in his latest incarnation, Bell is chief operating officer of Climate Change Capital, a new bank set up to advise and invest in companies which aim to make money from the green movement."

"Founded by lawyer James Cameron, one of the world's leading experts on the commercial opportunities climate change creates, it aims to provide advice to new and existing companies by bridging the worlds of finance and policy. CCC employs a unusual mix of people, pairing financiers and bankers with lobbyists and former NGO workers with expertise in renewable energy and clean technology."

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