Perpetuity Funds (PFs): new permanent capital structures to finance climate-compatible development
Ben Caldecott, Paul Herbertson, Tom Morton
March 2013
This report by Climate Change Capital, ClimateCare and Fauna & Flora International proposes the creation of new type of financing facility - a 'Perpetuity Fund' - to provide concessional finance for climate change mitigation and adaptation projects in developing countries.
Resource constraints: sharing a finite world - Implications of Limits to Growth
Contribution by Ben Caldecott
January 2013
This report co-authored by Ben Caldecott, Head of Policy at CCC, looks at resource constraints across a range of resources, the impacts of this on institutional investor portfolios, and what this means for advisers to institutional investors and the actuarial profession.
Negative emissions technologies
Contribution by Ben Caldecott
October 2012
This paper, produced by the Grantham Institute on Climate Change together with the CCC ThinkTank, deals with the practicalities of negative emissions technologies and addresses the energy, economic, environmental and policy implications associated with their deployment.
The Green Climate Fund and private finance: Instruments to mobilise investment in climate mitigation projects
By Steven Gray & Nicholas Tatrallyay
September 2012
In order to tackle climate change, governments will need to leverage a share of the US$117 trillion of assets managed by private investors. However, various barriers have prevented the capital for climate mitigation projects to flow at the scale required. This publication is a primer for policy makers exploring instruments the private sector facility of the Green Climate Fund (GCF) can deploy to mobilise investment in climate mitigation projects.
Rio+20: Opportunities for Financing the Triple Bottom Line
By Rupert Edwards
May 2012
This paper sets out how more 'joined-up thinking' and concrete commitments of public funds could attract very significant levels of private investment for a range of environmental and social outcomes. Rio+20 is a unique opportunity to get this right.
ThinkTank Thought Pieces
Contributions by James Cameron & Ben Caldecott
February 2012
ThinkTank Thought Pieces are a collection of articles that our experts write to offer food for thought and to encourage dialogue and discussion. In this edition, we look at how resource scarcity poses significant strategic challenges for future prosperity; the depth of the financial system's exposure to high carbon investments; how we can successfully re-imagine international climate change institutions; and how two innovations could transform international climate finance.
ThinkTank Thought Pieces
By Ben Caldecott & Steven Gray
December 2011
ThinkTank Thought Pieces are a collection of articles that our experts write to offer food for thought and to encourage dialogue and discussion. In this edition, we look at outstanding issues that need to be resolved for REDD+ to operate at scale; how a Green Deal Mutual could be the best way to cheaply finance the UK's Green Deal; how energy intensive industries can become part of the solution to climate change; and what the prospects are for the Durban climate change negotiations.
Essays on information and climate change
By Ian Temperton
September 2011
.jpg)
The Global Competitiveness Report 2011-2012
Contribution by James Cameron & Ben Caldecott
September 2011
James Cameron (Chairman) and Ben Caldecott (Head of Policy) contribute a section to the World Economic Forum's Global Competitiveness Report 2011-12. The section is entitled "Sustainability and the financial system". James Cameron is Chairman of WEF's Agenda Council on Climate Change and also sits on WEF's Advisory Board on Sustainability and Competitiveness.
The Green Climate Fund and the implementation of Emission Reduction Underwriting Mechanisms
By Rupert Edwards
August 2011
This paper builds on our previous publications on Emission Reduction Underwriting Mechanisms (ERUMs), but aims to set out in more detail how they might be implemented by the Green Climate Fund (GCF), as well as bilaterally or among a multilateral 'coalition of the willing'. In particular, we focus on different approaches to ERUM price and baseline setting and how reverse auction processes can enable price discovery and ensure value for money.
Signal failure? Real economy signals for developing country climate finance and the future of the Green Climate Fund
By Rupert Edwards, Ben Caldecott & Steven Gray
July 2011
The debate over developing country climate finance is too focused on risk reduction mechanisms as the way to secure the investment needed and often ignores the more fundamental question of how we address the incremental costs of decarbonisation in the developing world. Without adapting our approach we will fail to shift investment onto a green growth path. The development of the new Green Climate Fund (GCF) is an opportunity to turn the tide and support the development of real economy signals for developing country climate finance.
ThinkTank Thought Pieces
By Vivienne Cox, Ben Caldecott, Rupert Edwards & Steven Gray
May 2011
ThinkTank Thought Pieces are a collection of articles that our experts write to offer food for thought and to encourage dialogue and discussion. In this edition, we explain an inconvenient truth about the exposure of our pension funds; set out the options for green bonds; show how the UK's carbon price floor could be significantly improved; explain how green financial services could transform the City of London; and propose ways to attract private capital into biodiversity conservation and restoration.
The UK Carbon Price Floor: How to enhance its credibility with investors
By Rupert Edwards & Dominic Maxwell
March 2011
The Coalition Government has recognised that in the absence of meaningful emissions reduction targets in the EU, the price of carbon in the EU Emissions Trading System (EU ETS) is insufficient to drive new low-carbon investment at the scale and pace required. Consequently, the UK Government has proposed a solution: a promise of a "carbon price support". But, the carbon price support policy is unlikely to command investor confidence. It needs to gain credibility if the Government wants to successfully attract new low carbon investment into the UK.
Habitat banking: Scaling up private investment in the protection and restoration of our natural world
By Ben Caldecott & Ian Dickie
February 2011
As the UN-led International Year of Biodiversity was coming to its end late last year, it was confirmed that 2010 targets to halt biodiversity loss across Europe and significantly reduce the rate of biodiversity loss internationally had not been reached. Progress will require us to rapidly increase the money available for biodiversity protection and restoration from all sources and in particular, this means raising the private sector's contribution. Habitat banking and biodiversity credits are one set of critically important tools for increasing private sector investment in the protection and restoration of our natural world.
Green Infrastructure Bonds: Accessing the scale of low cost capital required to tackle climate change
By Ben Caldecott
December 2010
To tackle climate change we need to rapidly access the deep pools of low cost capital held by institutional investors. There are a wide variety of different “green” or “climate” bond proposals that aim to achieve this, ranging from green gilts to multilateral development bank green bonds. All have a role in helping to raise finance for different parts of our low carbon transition. But, in terms of the quantum of investment generated, green infrastructure bonds are likely to be the most widely applicable and scalable.
ThinkTank Thought Pieces
By James Cameron, Ben Caldecott, Rupert Edwards & Ian Temperton
October 2010
ThinkTank Thought Pieces are a collection of articles that our experts write to offer food for thought and to encourage dialogue and discussion. In this edition, we propose ways to ensure that nature is worth more to us alive than dead; explain how UK Electricity Market Reform should proceed to maximise investment and minimise delay; and set out how the Green Investment Bank can help break the UK's dependence on fossil fuels.
Financing the Future
Contribution by James Cameron & Ben Caldecott
September 2010
James Cameron (Chairman) and Ben Caldecott (Head of Policy) contribute a chapter to the Aldersgate Group report, Financing the future: A Green Investment Bank to power the economic recovery. The chapter is entitled "Breaking our dependence on the high carbon economy".
The Green Investing Handbook
Contribution by Bruno Derungs
July 2010
Bruno Derungs, Partner, CCC Private Equity, co-authors a chapter on smart grids and meters in a new book, The Green Investing Handbook.
Advance Market Commitments/Emission Reduction Underwriting Mechanisms for climate change finance
By Rupert Edwards
July 2010
The international carbon market is withering away at exactly the moment it must scale up rapidly to make a meaningful contribution to meeting international commitments for climate change finance, while providing cost containment for developed countries. In anticipation of demand for offsets from developed country domestic targets, and to ensure that the international carbon market can contribute and mature as a climate finance instrument in the period to 2020, an Advance Market Commitment (AMC) or Emission Reduction Underwriting Mechanism (ERUM) should be created.
Unlocking investment to deliver Britain's low carbon future
Contributions by James Cameron & Ben Caldecott
June 2010
A report published by the Green Investment Bank (GIB) Commission, an independent group formed by George Osborne MP, Chancellor of the Exchequer, to advise Government, highlights the urgent need for a new public financial institution to unlock the investment needed for Britain to deliver a timely transition to a low carbon economy.
Last Parliament report
Contribution by James Cameron
March 2010
The UK's new Parliament, to be elected in 2010, has a historic responsibility. It is the last Parliament that can take action to avoid runaway climate change. James Cameron, Chairman of CCC, joins individuals from different backgrounds, with different experience and perspectives, to urge the next Parliament to seize their historic responsibility and set an ambitious agenda for action.
Conservatism in a changing climate
Contribution by Ben Caldecott
February 2010
Ben Caldecott, Head of Policy, co-authors a report published by the Green Alliance. The environmental movement has been catapulted into the heart of UK politics over the last four years. The additional attention given to environmental problems is encouraging, but there is much still to do to explore the ideological rationale for action on the environment.
From hot air to happy endings
Contribution by Ben Caldecott
February 2010
Ben Caldecott, Head of Policy, contributes a chapter in a report published by the Green Alliance entitled, From hot air to happy endings. The chapter, "We fight to win: security and action on climate change", sets out how the coming General Election offers politicians the opportunity to gain a mandate for policies that can ensure our security, whilst allowing us to take robust and immediate action on climate change.
Carbon capture & storage - Time to deliver
Contribution by Ian Temperton
October 2009
Ian Temperton, Managing Director, Advisory, contributes a chapter to this publication by the Institution of Civil Engineers. It brings together six leading experts on different aspects of CCS, to explore the steps that need to be taken to deliver CCS in the UK.
China Greentech Report
September 2009
As a partner and advisor of the China Greentech Initiative, Climate Change Capital, along with over 80 of the world's leading technology and service companies, entrepreneurs, investors, NGOs and policy advisors, contributed to the China Greentech Report 2009 which was launched at Annual Meeting of New Champions 2009 in Dalian, under the World Economic Forum.
From crisis to recovery
Contribution by James Cameron & Ingrid Holmes
July 2009
James Cameron and Ingrid Holmes contribute a chapter in a report published by the Green Alliance entitled, From crisis to recovery. The chapter, “Accelerating green infrastructure investment with green bonds”, explains how green bonds, in the midst of the worst recession in 60 years, can help finance the move to a low carbon economy.
Catalysing capital towards the low carbon economy
By James Cameron & David Blood
May 2009
David Blood, Senior Partner & Co-Founder, Generation Investment Management LLP and James Cameron, Chairman, Climate Change Capital jointly author the third in a series of thought leadership pieces for the Copenhagen Climate Council.
Delivering centralised renewables: Outline proposals for scaling up UK investment
April 2009
This paper, co-authored with E3G, sets out how to scale up investment in the UK renewables sector.
Delivering energy efficiency to the residential sector: The case for an accelerated national energy efficiency scheme
April 2009
This paper, co-authored with E3G, shows how a national energy efficiency programme could successfully transform energy efficiency in the residential sector.
Financing heat networks and protecting consumer interests
March 2009
This paper set out how we can effectively deliver renewable district heating networks.
Accelerating green infrastructure: Outline proposals for UK green bonds and infrastructure bank
March 2009
This report, co-authored with E3G, makes the case for a Green Investment Bank. This was the first paper setting out how a new green national development bank, working in the national interest over the long term with the power to borrow, could help deliver the UK’s low carbon transformation.
Carbon finance 2010-20: driving investment flows
By Rupert Edwards
March 2009
This paper sets out how climate finance for developing country mitigation actions between 2010-2020 could successfully develop and explores the role of the proposed Global Climate Change Fund.
More smoke than fire
By Anthony White
July 2006
This paper explores the challenges facing European energy policy and the role of the rapidly developing EU Emissions Trading Scheme.
Facebook
LinkedIn
Twitter
Google+
Print
Email