New Energy Finance supports Davos Climate Change Initiative


Climate Change is set to be high on the agenda of this year’s World Economic Forum Meeting in Davos, which kicks off today. New Energy Finance has charted the increase in investment in clean energy globally from just $27.5 billion in 2004 to $70.9 billion in 2006, and its analysts expect to see investment of $100 billion annually by 2010.

New Energy Finance welcomes the attention being paid to clean energy by the executives and politicians at Davos, and is pleased to offer its support. This year’s World Economic Forum will include 17 sessions on environmental issues at the Meeting, including the following:
 The Legal Landscape around Climate Change;
 Make Green Pay;
 The Security Implications of Climate Change;
 Economics of Climate Change;
 ‘Climate Change: A Call to Action’. Panellists include Republican presidential frontrunner John McCain, Senator from Arizona, USA; Lord Browne of Madingley,
Group Chief Executive of BP; Zhang Xiaoqiang, Vice-Chairman of the National Development and Reform Commission of the People's Republic of China; and Montek
Ahluwalia, Deputy Chairman of the Indian Planning Commission
New Energy Finance Founder and CEO, Michael Liebreich said: “The Davos World Economic Forum is one of the most important events defining how businesses and politicians respond to the world’s great challenges. We are pleased that our research has helped to drive and shape
the debate.” Journalists covering the Climate Change Initiative are welcome to use materials from the accompanying presentation on investment trends in clean energy worldwide, released to coincide with the Davos World Economic Forum Meeting 2007

About New Energy Finance:

New Energy Finance is a specialist provider of analysis to the world’s leading investors in renewable energy, biofuels, low-carbon technologies and the carbon markets. The company’s research staff of 50 (based in London, Washington, New York, Beijing, Shanghai, New Delhi, Tel Aviv and Perth) tracks deal flow in venture capital, private equity, M&A, public markets and asset finance around the world.
New Energy Finance covers all sectors of clean energy: renewables (wind, solar, marine, geothermal, mini-hydro); biomass & biofuels; energy architecture (supply- and demand-side efficiency, smart distribution, power storage, carbon capture & sequestration); hydrogen & fuel cells; carbon markets and services. Services include the New Energy Finance Briefing, New Energy Finance Desktop, Newswatch daily news service and Focus Reports on sectors and countries. New Energy Finance copublishes the world’s first global clean energy market index, the WilderHill New Energy Global Innovation Index (ticker symbol NEX). New Energy Finance’s subscription-based Insight Services providing deep market analysis to investors in Wind, Solar, Biofuels, Biomass, China, VC/PE, Public Markets and the US. The company also undertakes bespoke research and consultancy, and runs senior-level networking events. New Carbon Finance, a division of the company, provides analysis and price forecasting for the European, global and US carbon markets.

Michael Liebreich, CEO & Founder
New Energy Finance Limited
71 Gloucester Place
London W1U 8JW
tel: +44 20 7467 2661
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For more information on the NEX clean energy market index


Publication Date: 24 Jan 2007

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