… Infrastructure Bank (RIIB), a quasi-public state entity, sought to bring much-needed clean-energy finance into the state market. This case study describes how this bank set up the Efficient Buildings Fund (EBF) and is iteratively improving it. … RFP. All of these projects are net cash flow-positive, meaning they generate more savings than the total cost of the project and debt service. Over the project lifetime and …
… Garcia is a member of the Governor’s Council on Climate Change (GC3), a group charged with creating a comprehensive climate strategy for the State of Connecticut. As of September 2016, Garcia remained undecided about a key element of that strategy – nuclear power plants. There were strong proponents and opponents of nuclear energy on the GC3 and Garcia was weighing each side’s arguments before announcing his own …
… movement." The Green Bank used financial structuring to attract private capital to clean energy projects in Connecticut. Using transaction enablers and risk mitigants like loan … 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 itself … impact their mission to accelerate private investment in clean energy, create Connecticut jobs, promote energy security, and address climate change. Further, changes to funding, …
… of greenhouse gases that these buildings emit and reduce their operating costs. While these energy-efficiency upgrades are often cash-flow-positive with the right loans, they have … necessary to attract private finance. It also addresses the misalignment of incentives by creating an Environmental Upgrade Charge (EUC) that allows a property owner and a tenant to … share in both the investment cost for energy-efficiency upgrades and the subsequent cost savings. Sustainable Finance and ESG Clean Energy Australia Clean Energy Finance Corporation …
… Before the federal government discontinued the United States Department of Energy’s (DOE) Qualified Energy Conservation Bond (QECB) program in 2017 as part of its tax … like Virginia leveraged this program to accomplish energy efficiency goals. When evaluating how to use Virginia’s QECB allocation, decision makers considered the increased flexibility of Green Community Programs (GCPs) relative to traditional QECBs and “qualified” projects. GCPs can …
… growers to continue their livelihoods, but also helped stabilize the region's food supply. However, many small landholders were priced out of the market for crop insurance. Unlike the … to increase the frequency of major events, but it would take years for the changes to show up in actuarial models. Nonetheless, Santam was preparing for the effect of climate … policyholders. Santam was also taking a deep look at the strategy of climate resilience and how it might build its crop insurance business in the rest of Africa. The company faced …
… begin work with city officials in two Indian cities, Bhubaneswar and Cuttack, to build 120 community toilets in city slums by February 2013. Furthermore, the project team hoped to … to create a model that could be used by other communities, completing the research in 2014. However by the late fall of 2013, not a single community toilet had its plans approved, much less built. Various partners believed that the …
… to improve the efficiency of internal combustion engines (ICE) and to seek an alternative powertrain that did not use fossil fuels. For GM, the search for a new powertrain required a substantial change in mindset, since the ICE had been a mainstay of … Accords because the climate agreement exempted developing nations such as China and India. However, GM did agree that global warming was “an area of concern,” and the company was …
… As the Connecticut Green Bank works to design high-impact programs for the solar market, it has supported the design and … adoption of legislation that expanded the Residential Solar Investment Program (RSIP) by creating the Solar Home Renewable Energy Credit (SHREC). The SHREC provides a stable funding structure for an expanded RSIP. …
… in 1990, the company created AXA Atout Coeur ("Hearts in Action") to encourage and support community engagement by employees, and in 2001 it established the Group’s first "sustainable … Sustainability, and Public Affairs." The reorganization inspired a reconsideration of how AXA monitored and measured its CR efforts. The metrics Steenland and her group had … metrics that would capture a business unit’s success or failure in addressing the CR issue. Creating new metrics was a tall order, but would be another step to establishing CR inside …