… the prestigious Ash award in policy innovation, the "Nobel of policy," upon the Connecticut Green Bank for its role in "sparking the green bank movement." The Green Bank used financial structuring to attract private capital to clean energy projects in …
… NY Green Bank (NYGB), New York State’s $1-billion clean-energy fund, and a young new efficiency company named Sealed signed a $5-million loan-financing agreement as a way to broaden the market for home energy-efficiency upgrades. In … while large-scale investors are increasingly familiar with residential energy-efficiency financing, they don’t use energy savings in their underwriting criteria. So the cost per …
… Bryan Garcia, the President and CEO of the Connecticut Green Bank, had a big decision to make. Garcia is a member of the Governor’s Council on … GC3 on Earth Day 2015 to examine the effectiveness of existing policies designed to reduce greenhouse gas emissions and identify new strategies. Connecticut’s government had already set a target of reducing greenhouse gas emissions by 80% from 2001 levels by 2050. The GC3 had been tasked to develop …
… in the atmosphere to the general warming of the earth’s climate, a phenomenon dubbed “the greenhouse effect”. Since CO2 was a byproduct of the burning of fossil fuels, these models … adherents as additional observations lent further support to the theory. In 1988, the greenhouse effect hit the front pages, as NASA scientist James Hansen told a Congressional … decade, GM spent billions of dollars experimenting and building prototypes with an array of technologies; including diesel, battery, hybrid gas and electric systems, and hydrogen fuel …
… Responding to findings by scientists that linked palm oil plantations to deforestation, Greenpeace, a global environmental NGO, began campaigning in 2005 to save the Indonesian … leading palm oil firm and issued reports criticizing the practices of the company. Greenpeace’s campaign took off in 2010, when the organization targeted a GAR customer, … video that went viral on social media sites. Nestlé quickly bowed to the demands of Greenpeace and dropped GAR as a supplier. Unilever had already canceled its contracts with …
… In 2014, the Connecticut Green Bank released the second edition of its CT Solar Lease program in an attempt to create an accessible financing solution for independent local contractors to support the rising demand for … demand. It was well-received by both homeowners and contractors. This case delves into the financing structure of the program and presents the lessons learned from …
… resources, absent a creditworthy off-taker the project would not have been able to line up financing. With Walmart de México’s 15-year PPA (Power Purchase Agreement) in hand, the … Gómez, Walmart de México’s Director of Sustainability, was considering ways the project financing structure might be further adapted to allow Walmart de México to participate in … position in further energy projects, rather than simply serving as an off-taker? What technologies should Walmart de México employ to achieve its renewable energy goals? Should …
… Change Conference in Copenhagen would finally produce a workable, global scheme to reduce greenhouse gasses in the environment. Unfortunately, the conference produced little concrete … of climate change. The first shot came in 1990 when a panel of scientists concluded that greenhouse gas emissions were contributing to global warming. Over the next 11 years, the … assessment reports, pointing to human activity as the primary reason for the increase in greenhouse gases and the rise of global temperatures. The IPCC's scientific assessments - …
… Fund (EBF) and is iteratively improving it. This bank, which combines the features of a green bank and an infrastructure bank, was developed under new political leadership. The … programs for environmental projects in the state. One of these programs is the EBF, a financing program designed to accelerate energy-efficiency and clean-energy upgrades to … programs for environmental projects in the state. One of these programs is the EBF, a financing program designed to accelerate energy-efficiency and clean-energy upgrades to …
… has a large existing building stock that is responsible for a substantial percentage of its greenhouse-gas emissions. Given that it will take decades for these buildings to be … to retrofits and upgrades to existing building stock. This would both reduce the amount of greenhouse gases that these buildings emit and reduce their operating costs. While these … has a large existing building stock that is responsible for a substantial percentage of its greenhouse-gas emissions. Given that it will take decades for these buildings to be …