The London Accord Spring Conference 2010
Climate Change: Structuring Cleantech Investment
The Conference addresses issues related to the development of investment instruments for infrastructure and the low carbon economy. Keynote addresses are delivered by experts in the field, and panel discussions provide an opportunity for debate with the delegates.
The London Accord is the world's largest co-operative investment research programme into environmental, social and governance issues, particularly climate change. Founded in 2005, the London Accord releases investment research to policy makers and the public in order to help promote saner policy formulation on issues that involve finance.
Hosted by the City of London Corporation, Gresham College, Chartered Institute for Securities & Investment, Tomorrow's Company, UKSIF - the Sustainable Investment and Finance Association and Z/Yen Group.
Isabel Dedring is the Mayor of London's Environment Adviser and is responsible for the full range of environmental issues including climate change mitigation and adaptation, urban greening, low-carbon vehicles and waste. She has worked on environment for London government, both at Transport for London and the Greater London Authority, for the last five years. This included producing London's Climate Change Action Plan, the first plan by a city to lay out detailed, quantified policies and programmes for attaining a set of ambitious CO2 targets. The Mayor's key environmental programmes focus on large-scale, on-the-ground delivery; these were recently summarised in "Leading to a Greener London." Isabel is a qualified lawyer; previous job experience includes four years in management consulting and several years working with environmental NGOs and inward investors in Kazakhstan.
An engineer by training and a Chartered Accountant, Martin Myerscough, has worked for a number of accountancy firms, his final position being that of a manager with Arthur Andersen & Co. in London. He then held the position of Finance Director of KS Biomedix Holdings plc from 1994 to 2000, which was admitted to AIM in 1995 and listed on the London Stock Exchange in 1998. The Company was subsequently sold. He is the founder and inventor of the technology behind the Titan washing machine. The product is now selling in Thailand, Scandinavia and Germany, and has contracts for the first orders in the Middle East and Australia. From 2001 he has been a Director and recently Chairman of the Jupiter Primadona Growth Trust plc, a £50 million general investment trust managed by Jupiter. He is the founder shareholder and instigator of the Fine Art Fund – a collective investment fund in Art. He is the founder of GreenBottle Ltd and invented the GreenBottle concept.
Stuart enjoyed a successful career consulting on smart meters and CRC within a leading energy consultancy firm before founding MTR4U in 2009, specialising in offering smart metering solutions incorporating our energy management services, for the commercial and residential sectors. MTR4U is currently working with a number of organisations, including schools and colleges throughout the UK, combining smart metering with educational programs. Stuart is heavily involved in the smart metering and CRC opportunities created by the various community projects in association with Peterborough Environmental City Trust and Operation Peterborough, providing diverse applications for smart metering solutions and energy saving for communities.
Robert is the co-founder of ecoConnect with Catherine Hokin and chairman of Greenbackers, an ecoConnect spinout company. He is a management and technology specialist with over 20 years international experience in quoted companies GEC-Marconi, Worldcom, AseaBrownBoveri (ABB) and McAfee, commercialising new technology and R&D.
Alderman Professor Michael Mainelli is Emeritus Mercers' School Memorial Professor of Commerce at Gresham College, having held the chair from 2005 to 2009. His first degree was in Government from Harvard, followed by mathematics and engineering studies at Trinity College Dublin and a PhD from the London School of Economics in chaotic systems, where he was also a Visiting Professor.
Professor Mainelli is Executive Chairman of Z/Yen, the City of London’s leading commercial think-tank and venture firm, which he co-founded in 1994 to promote societal advance through better finance and technology. A qualified accountant (FCCA), securities professional (FCSI), computer specialist (FBCS) and management consultant (FIC), Michael began his career as a research scientist in aerospace (rockets) and computing (architecture & mapping). He later became a senior partner with accountants BDO Binder Hamlyn directing global consulting projects. During the 1990s he worked for the UK Ministry of Defence as Corporate Development Director for Europe’s then largest R&D firm, the Defence Evaluation & Research Agency leading to two privatisations. Career highlights include directing Z/Yen’s Long Finance initiative with Gresham College and the City of London Corporation asking “when would we know our financial system is working?” as well as creating the Global Financial Centres Index, Global Intellectual Property Index, London Accord and Farsight Award. Michael also conceived and produced the first complete digital map of the world in 1983, Mundocart (a 1980’s Google Earth), and the $20 million Geodat consortium cartography project.
Michael is non-executive Director of the United Kingdom Accreditation Service (UK’s national body for standards and laboratories), AIM-listed Sirius Minerals plc (potash mining), AIM-listed Wishbone Gold Plc; Alderman for Broad Street Ward (elected) at the City of London Corporation; Almoner for Christ’s Hospital School; Trustee of International Fund for Animal Welfare. Michael has held numerous advisory posts, for example with Hitachi UK, City University and HM Treasury. Michael won a 1996 UK Foresight Challenge award for the Financial Laboratory, 2003 UK Smart Award for prediction software, 2005 British Computer Society Director of the Year, 2011 Technology Strategy Board Challenge Award for financial avatars, and was awarded Gentiluomo of the Associazione Cavalieri di San Silvestro in 2011. Michael is a Liveryman, Worshipful Company of World Traders, Freeman, Watermen & Lightermen, and represents the Financial Services Group of Livery Companies.
Michael has published over 40 journal articles, 150 commercial articles and four books. Michael’s humorous risk/reward management novel, Clean Business Cuisine: Now and Z/Yen, written with Ian Harris, was a Sunday Times Book of the Week in 2000; Accountancy Age described it as “surprisingly funny considering it is written by a couple of accountants”. Their third co-authored book, The Price of Fish: A New Approach to Wicked Economics and Better Decisions, based on his Gresham lectures, won the 2012 Independent Publisher Book Awards Finance, Investment & Economics Gold Prize. Michael plays bagpipes, loves skiing and sailing and, with his wife, Elisabeth, he races and restores the 1923 Thames Sailing Barge Lady Daphne and sits on the world’s oldest sailing racing body, the Thames Match Committee. With an international family, Michael speaks English, German, French and Italian poorly, but even worse Spanish and Chinese.
To access all of Professor Mainelli's previous Gresham College lectures, please click here.
Jason received a 1st Class honours degree in Mechanical Engineering at University College London, ranked second in his year. He qualified as a Chartered Accountant at a big four firm. For 10 years Jason has run a small property and equity Investment Company and he set up and ran a subsidiary of this company in Croatia. Jason has 6 years experience in European and UK property finance, part of which has been as Corporate Finance Manager at AXA Real Estate. His work involves managing corporate acquisitions and divestments of property, loan document negotiation and execution, investment structuring and fund structuring. He has also been managing debt restructuring, including securitised debt, through the credit crunch. Jason is developing green funds for AXA Investment Managers including a green corporate bond fund and a renewable energy debt fund.
Simon Mills is Head of Sustainable Development for the City of London, where he is responsible for directing corporate policy on issues as diverse as climate change adaptation and sustainable finance. In 2009 he was seconded to DEFRA for six months to coordinate regional action on climate change adaptation. He is a board member of the London Sustainability Exchange and Chairman of the Sustainable City Awards. Simon holds an MSc in Environmental Impact Assessment and a Masters in Public Administration.