Kolibri Capital Selected by the World Economic Forum as a Founding Member of the Community of Global Growth Companies

San Francisco (PRWEB) November 16, 2007 -- Kolibri Capital is proud to be included on the World Economic Forum's official list of Founding Members of the Community of Global Growth Companies, announced this week.

Kolibri Capital, an innovative firm in the growing carbon market which has exploded from $0.5 billion in 2004 to $30 billion last year, was chosen as a Global Growth Company because it is pioneering the development and financing of next generation carbon projects and works to shape the long-term global policy framework designed to address climate change in a unique and powerful manner in partnership with leading institutions worldwide.

Find Findsen, Kolibri Capital's Chief Executive Officer said: "We are honoured to be selected by Professor Klaus Schwab and the World Economic Forum, the world's pre-eminent organization dedicated to improving the state of the planet, as a Founding Member of the Community of Global Growth Companies. The World Economic Forum is the voice of the world's foremost 1,000 companies and through its work to bring business, governments and other stakeholders together the Forum is thus uniquely positioned to shape humanity's response to climate change." Mr. Findsen stated that "the selection by the World Economic Forum as a Global Growth Company highlights the importance of our work to invest in practical, preventive and profitable solutions to address the world's climate challenges." Mr. Findsen emphasized that "Kolibri Capital looks forward to working with the World Economic Forum to invent and implement long-term policy frameworks to solve the problem of climate change by unleashing the power of the market and the imagination of the world's entrepreneurs to reduce global carbon emissions."

World Economic Forum Founder and Executive Chairman Klaus Schwab said, "This is a truly global community made up of companies destined to join the ranks of the multinationals in the next five to ten years. They are successful because they are able to challenge the status quo and drive their industry forward while nurturing the values of global corporate citizenship which the World Economic Forum is built upon."

The Community of Global Growth Companies was launched at the Inaugural Annual Meeting of the New Champions in September this year in Dalian, People's Republic of China. For the summit, known as the "Summer Davos", Schwab had set the goal of 100 Founding Global Growth Company Members. This week, he welcomed the more than 140 Founding Members, underlining that the time is right for this new initiative. Forty percent of the Members are from Asia; 26% hail from Europe; 20% are based in the Americas; and 14% come from Africa and the Middle East. The second Annual Meeting of the New Champions will take place in Tianjin, People's Republic of China, on 25-27 September 2008.

The Forum's Head of Membership Development within the Centre for Global Growth Companies, Grant McKibbin observed, "These Founding Members form the core of this community, and have already exhibited enthusiasm and leadership in helping us determine the direction of this strategic initiative of the Forum. As ambassadors of the group, we look forward to engaging them in growing the community and addressing the common issues related to what it means to go global." Please click on http://www.weforum.org/ggc for the full list of the 142 Founding Members of the Community of Global Growth Companies.

The Community of Global Growth Companies is based on the premise that visionary companies can expand more rapidly than at any time in history, helped by new factors such as global financing, instant communications, rapidly scaleable technologies and integrated logistical networks. In this environment, an increasing number of new players are building a global reach and competitive advantage. This group of highly influential companies is reshaping the global business landscape. While Global Growth Companies do not have the size and international reputation of traditional multinationals, they succeed through speed, flexibility and constant innovation. Some of the key indicators of these companies are:

- Growth rates exceeding 15% year-on-year

- Revenues typically between US$ 100 million and US$ 2 billion

- Demonstrated leadership in a particular niche or industry

About Kolibri Capital

Kolibri Capital (www.kolibricapital.com) is a global investment firm that works with partner financial institutions and engineering firms to provide debt, equity and carbon financing as well as turnkey technology solutions to climate change projects, renewable energy ventures, and emerging clean tech companies. Kolibri Capital also works to shape the global policy framework designed to address the world's response to climate change.

About the World Economic Forum

The World Economic Forum (http://www.weforum.org), based in Geneva, Switzerland, is an independent organization committed to improving the state of the world. Funded by the contributions of 1,000 of the world's foremost corporations, the Forum acts in the spirit of entrepreneurship in the global public interest to further economic growth and social progress. The Forum serves its members and society by creating partnerships between and among business, political, intellectual and other leaders of society to define, discuss and advance key issues on the global agenda. Incorporated in 1971 as a foundation, the World Economic Forum is impartial and not-for-profit, and is tied to no political, partisan or national interests. In 1995 the Forum was awarded NGO consultative status with the Economic and Social Council of the United Nations.

Notes to Editors:

Please click on http://www.weforum.org/ggc for the full list of the Founding Members of the Community of Global Growth Companies.

###