… In the early 2000s, the CEO of General Electric (GE), Jeff Immelt, recognized this emerging pattern in public policy and consumer behavior, and he spotted an opportunity to meet his customers' … Jonathan Lash, who announced hissupport of the initiative at an ecomagination launch event in Washington D.C. Other environmental groups - particularly those that had fought GE …
… “What we want is the book that every vice president threw in the trash because he would be embarrassed to … business at its core, but that has enough other extraneous problems that most people at a private equity fund decide it’s not worth doing,” he said. In particular, Blumenthal was … to create high-quality paper products. The mill had been run as a cost center for variouspublic companies, and it had not made money in 40 years. In 2008 it was owned by Neenah …
… On July 12, 2017, the Harvard Kennedy School of Government bestowed the prestigious Ash award in policy innovation, the "Nobel of … in "sparking the green bank movement." The Green Bank used financial structuring to attract private capital to clean energy projects in Connecticut. Using transaction enablers and … two years. In 2017, nearly 90% of the Connecticut Green Bank's operating funds came from publicsources. How then could the Green Bank, whose mission rested on building trust, both …
… Before the federal government discontinued the United States Department of Energy’s (DOE) Qualified Energy Conservation Bond … relative to traditional QECBs and “qualified” projects. GCPs can issue bonds for any mix of public and/or private projects. In contrast, under the traditional QECB structure, a maximum of 30% of …
… After the recession, the Rhode Island Infrastructure Bank (RIIB), a quasi-publicstate entity, sought to … Benefit Charge, which it leverages to support clean-energy activities. The Rhode Island Public Energy Partnership (RIPEP) was temporarily accelerating utility energy-efficiency …
… A global leader in the insurance and asset management business, AXA had risen to the top ranks in terms of corporate … the Communications function to a newly created department combining the Strategy, CR, and Public Affairs functions together, to further integrate CR into the core of the business. … new metrics was a tall order, but would be another step to establishing CR inside AXA. Eventually, the company aspired to produce an “integrated report” that would define the …
… In 2014, the Connecticut Green Bank released the second edition of its CT Solar Lease program in an attempt to create an accessible … case study focuses on the residential side of the solar-lease program. The program combined public funds and private capital to finance residential solar projects and solar water heaters. CT Solar …
… In the early 2000s, the Federal government of Mexico enacted a series of laws promoting the use of … the country'sshallow-water wells in the Gulf of Mexico was decreasing and its deep-water reserves had not yet been developed. Second, ethanol could help Mexico meet its ambitious … PEMEX would soon face competition due to new energy reforms that promised to introduce privatesector competition to PEMEX, including at the retail fuel station. The ability to …
… Santam, the leading short-term insurer in South Africa, was actively pursuing a strategy and … expertise and decades of weather-related data to estimate the frequency of major weather events. It was widely acknowledged that climate change was likely to increase the frequency of major events, but it would take years for the changes to show up in actuarial models. Nonetheless, …
… Like many countries, Australia has a large existing building stock that is responsible for a substantial … Financial institutions are reluctant to lend when any claim that they might make in the event of a default is junior to the property mortgage holder. This is why the Environmental … the repayment and issenior to the mortgage, providing the incentive necessary to attract private finance. It also addresses the misalignment of incentives by creating an …