Climate Strategies Press Release: Climate Strategies appoints new MD
Climate Strategies, a leading network of international climate academics based out of the University of Cambridge, today announced the appointment of Richard Folland as its new Managing Director. Richard joins Climate Strategies from JP Morgan Investment Bank in London, where he worked as Senior Climate Change and Energy Advisor.
Richard has substantial experience within the energy and climate change field. He began his career in the UK Foreign & Commonwealth Office (FCO), working at various times in Germany, Sweden and Russia. In 2004 he was appointed Deputy Head of FCO Climate Change and Energy Group, leading the FCO’s work on energy security within the broad climate and energy strategy.
In 2007 he joined JP Morgan on secondment, and since then has led the bank’s work on the developing European and global carbon market, and international climate change policy and regulatory issues.
Richard has held leadership roles within a number of influential bodies operating in the climate change field, including Vice-President of the Carbon Markets and Investors Association (CMIA); and Chair of the Climate Change Group of the American Chamber of Commerce to the EU.
Richard Folland said:
“I am delighted to be joining Climate Strategies at what is a crucial time in the climate change debate. Anyone involved in energy and climate change knows that the issues are hugely complex. And policy and decision makers are faced with the additional challenge of trying to decipher the best advice from the infinite range of organisations and individuals operating in the sector.”
“Climate Strategies now plays a key role in providing coherent, fact based and independent assessment of the major issues, at a time when governments needs it most. In 2010 our research projects will cover subjects such as international emissions targets post- Copenhagen and an effective carbon price to encourage private sector investment in low carbon technologies.”
Later this month the Carbon Trust will be publishing a study based on Climate Strategies’ research that addresses the issue of carbon leakage. The report looks at the potential for carbon leakage from those energy-intensive sectors that contribute most to the emissions under the EU ETS, namely cement, steel and aluminium, recommending a screening process that would arm policy makers with the tools to prevent companies within those sectors from relocating to countries outside the EU where they would be ‘free to pollute’.
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For more information, or to speak to Richard Folland please contact Toby Pellew or Helen Davison at Luther Pendragon on 0207 618 9108.
About Climate Strategies
Notes to editors
Climate Strategies aims to assist governments in solving the collective action problem of climate change. It connects leading applied research on international climate change issues to the policy process and to public debate, raising the quality and coherence of advice provided on policy formation.
We convene international groups of experts to provide rigorous, fact-based and independent assessment on international climate change policy. To effectively communicate insights into climate change policy, Climate Strategies works with decision-makers in government and business, particularly, but not restricted to, the countries of the European Union and EU institutions.
