… On February 23, 2007, your investment banking firm receives an urgent call from James D. Marston, Regional Director of Environmental Defense's Texas Office and head of the Texas Climate Initiative. You meet with … the private equity firms seeking to acquire Texas electrical utility TXU, and he needs your immediate feedback. The private equity firms want two environmental groups - …
… Most environmentalists had hoped that the December 2009 Climate Change Conference in Copenhagen … and Asia. A new industry around carbon finance emerged, with firms like Climate Change Capital (CCC) of London taking the lead in shaping the nascent market. Even though the EU … World Bank at the end of 2007. Besides the European Market, a number of regional, voluntary markets for carbon allowances formed in the rest of developed world. However, the failure of …
… the green bank movement." The Green Bank used financial structuring to attract private capital to clean energy projects in Connecticut. Using transaction enablers and risk … In 2017, nearly 90% of the Connecticut Green Bank's operating funds came from public sources. How then could the Green Bank, whose mission rested on building trust, both insulate … bank’s management team needed to carefully consider how different funding structures would impact their mission to accelerate private investment in clean energy, create Connecticut …
… make in the event of a default is junior to the property mortgage holder. This is why the Environmental Upgrade Agreement (EUA) plays an important role. The EUA is a deal structure … both the investment cost for energy-efficiency upgrades and the subsequent cost savings. Source Yale Center for Business and the Environment Areas of Focus Sustainable Finance and ESG Clean …
… public policy and grow his company's bottom line. Under Immelt's leadership, GE launched an environmental business initiative called "ecomagination" in 2005 that was rooted in four commitments: To double investment in clean research and development (R&D) to $1.5 … keep the public informed about ecomagination targets, progress and results. Along with the four commitments came a massive ecomagination advertising and branding campaign that was …
… company, Las Vegas Sands Corp., had worked hard to make operations and facilities more resource-efficient. The resort had garnered a Green Mark Platinum Award and was actively tackling its waste, water, and energy systems. The convention center also became the first facility in Southeast Asia to obtain ISO 20121 Sustainable … how could the MBS team ensure that the work they were doing would actually positively impact the ecosystems they hoped to preserve? Developed in partnership with National …
… As the Connecticut Green Bank works to design high-impact programs for the solar market, it has supported the design and adoption of … renewable portfolio standard (RPS) was being predominantly met with out-of-state resources from Maine, New Hampshire, and Vermont, yielding little economic development benefits … and, in general, bipartisan support from the Connecticut General Assembly. Source Yale Center for Business and the Environment Areas of Focus Equity and Justice Sustainable …
… the end of 2007, the company was the market leader in Asia and had completed projects in fourteen countries across five continents. But many investors believed these first years were just a warm-up for what was to come (the company’s market capitalization had doubled since its IPO in 2005). Global demand for wind energy remained … enter the international wind energy business. The demand for electricity was booming, while environmental concerns over greenhouse gases emitted by coal-fired electrical plants had …
… boost. While the proposed wind farm was located in an area with abundant wind resources, absent a creditworthy off-taker the project would not have been able to line up … In the energy area, the company was hoping to receive 50% of its energy from renewable sources by 2015, even in a period of rapid growth, increasing its square footage in Mexico by … in and benefit from other projects. Gómez was also considering the mix of renewable energy sources. In addition to wind, solar and mini-hydroelectric projects were possibilities that …
… observations lent further support to the theory. In 1988, the greenhouse effect hit the front pages, as NASA scientist James Hansen told a Congressional committee that he was “99 … and the government. While consumers generally indicated that they liked the idea of an environmentally friendly automobile, they did not want to give up the performance they had … efforts to prevent global warming had accelerated. A series of UN-sponsored conferences, bringing together the nations of the world, had culminated in a 1997 meeting in Kyoto, …