1. v National Business Leaders Forum On Sustainable Development May 2007 Investing in Sustainable Futures: Making Money Matters

2. Investing in Sustainable Futures 2 “The only thing as powerful as Mother Nature is Father Greed.” Thomas L. Friedman  The market will always respond to a profit opportunity, producing new and more efficient technologies  Investment market is already responding to the growth potential presented by environmental investing *Graph source: New Energy. Grossed-up estimate based on disclosed deals. New investment only.

3. Investing in Sustainable Futures 3 It’s a real and serious business; returns are compelling  Returns to environment and investor are not mutually exclusive  The sheer scale of the challenge requires a patient investment cycle  Role of Private Equity  Investment Grade returns exist: Clean Energy Index is producing returns in excess of broader market indices *Graph source: Wilder Hill New Energy Finance Global Innovation Index (NEX) Jan 2003 – March 2007

4. Investing in Sustainable Futures 4 “When you've got them by their wallets, their hearts and minds will follow.”  The market is responding, but this will accelerate with market certainty  Recognising the true cost of carbon will be significant  An example of reversing the “market failure” of inadequate clean-tech R & D – BioPower Wave Energy Tim Finnigan Chief Executive Refer BRW Article 17 May 2007

5. Investing in Sustainable Futures 5 The scale of the challenge requires leadership  Most importantly, we need to stop treating the issue as if it isn’t real and urgent. The word “sustainable” is used for a reason.  Sustainability must be incorporated into Investment Decisions – thereby forcing the outcome with less reliance on individual action – “like outsourcing your garbage collection”.  We need to incorporate “Sustainable thinking” fundamentally and sincerely into all of our decisions if sustainability is to become a truly mainstream issue.  Let’s be positive and active. Everyone needs to play a part. Everyone makes consumption and investment decisions.