The increase in carbon finance to developing countries is predicted to be $20-30bn per annum (see footnote 10).

Opportunities exist for banks to differentiate themselves based on their corporate stance to climate change as reflected in their lending practices and policies.

Brand value of climate change may amount to 1-2% of market brand value - estimated at £5.7 bn of UK FTSE All Share market (see footnote 11).

Investment in carbon emission reduction or sequestration activities (eg reforestation) in developing countries can generate income from the sale of carbon emission reduction (CER) credits.

Ethical finance market in UK has doubled since 1999 (see footnote 12)

Ethical banking market increased by 6.5 % between 2005/6.

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8) UNEP Working Capital Report April 2006. http://www.unepfi.org/fileadmin/documents/CEO_briefing_adaptation_vulnerability_2006.pdf

9) Stern Review October 2006 http://www.hm-treasury.gov.uk/independent_reviews/stern_review_economics_climate_change/sternreview_index.cfm

10) Stern Review October 2006 http://www.hm-treasury.gov.uk/independent_reviews/stern_review_economics_climate_change/sternreview_index.cfm

11) Brand Value at Risk from Climate Change 2004 http://www.carbontrust.co.uk/Publications/publicationdetail.htm?productid=CT-2004-10-appendix&metaNoCache=1

12) Ethical Consumerism Report 2006 Cooperative Bank