10 th National Business Leaders Forum on Sustainable Development Cleantech Solutions Jeffrey Castellas, CEO, Clean Technology AustralAsia The Climate Council: In The Lead-up To Copenhagen Thursday 28 May 2009 Parliament House, Canberra
Cleantech a 21 st Century Industry CTA Overview Sustainability – people and ecosystem Cleantech – value creation and returns Demand – $20 trillion investment 2030 Markets – more efficient & less polluting Business – strategy, PRI, and profits Government – jobs, investment, economy
Financing Innovation Expectation for clean energy investments by 2012 Expected change to clean energy allocations by 2012 Based on106 Institutions with $1tr AUM 3% 22% 75% Less Unchanged More 57% 54% 50% 48% 42% 36% 32% 41% 40% 44% 48% 55% 54% 65% Projects Public Equity Carbon Private Equity Timber and forestry Venture Capital Agricultural commodities More Less No ange 32% No change Source: New Energy Finance
Action Needed Capitalise on global opportunity Accelerate technology deployment Innovative financing Knowledge exchange Commercial interaction Industry and Government Alliance
10 th National Business Leaders Forum on Sustainable Development Thank you Jeffrey Castellas Mobile: Chairs: Eva Willmann de Donlea The Climate Council Inc Jim Longley Executive VP Government Institutional Banking and Markets, Commonwealth Bank Discussion Leaders: POLICY: The Hon Greg Combet MP Parliamentary Secretary for Climate Change INNOVATION & CLEANTECH: Jeffrey Castellas CEO Clean Technology Australasia Pty Ltd SCIENCE: Prof David Griggs, IPCC (Intergovernmental Panel on Climate Change) FINANCE: Jack Gray, Adjunct Prof, Centre for Capital Market Dysfunctionality, UTS The Climate Council Inc Group Leaders: FINANCE: Andrew Gray, Executive Director, Head of ESG Research, GSJBW INTERNATIONAL POLICY & CLIMATE RISK: Adam Kirkman, Director, Protiviti SCIENCE & ECONOMY: Sam Mostyn, Sustainability Advisor INVESTMENTS: Nathan Fabian, CEO IGCC (Investor Group on Climate Change)