… 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 … from ecomagination products to $20 billion by 2010; To reduce the volume and intensity of greenhouse gas emissions (GHG) from GE's operations and improve energy efficiency its … legacy issues like the company's pollution of the Hudson River - remained skeptical of GE's green claims. Equity and Justice Sustainable Finance and ESG Clean Energy GE Ecomagination … …
… 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 Connecticut. Using transaction enablers and risk …
… Change Conference in Copenhagen would finally produce a workable, global scheme to reduce greenhouse gasses in the environment. Unfortunately, the conference produced little concrete … as the European Carbon Market. The conference in Copenhagen came after 20 years of international conferences and scientific panels on the issue of climate change. The first shot … 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 …
… 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 … more attractive) or allow more efficient diesel engines on the U.S. market. Meanwhile, international efforts to prevent global warming had accelerated. A series of UN-sponsored …
… it is only in the past few decades that this tropical product has taken off in the international market. An invisible component of many products, palm oil can be found in cookies, … 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, …
… is a powerful tool the private sector can employ to reduce carbon emissions. While policy tools and guidance exist for carbon pricing at the national level, it is not clear how implementation might differ in a business environment or … attempts to correct the incentive structure that underpins consumption choices related to greenhouse gas emissions. Internal carbon pricing allows companies to assess the financial …
… energy company, had made quite a splash in its first three-and-a-half years on the international stage. By the end of 2007, the company was the market leader in Asia and had … 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 … energy business. The demand for electricity was booming, while environmental concerns over greenhouse gases emitted by coal-fired electrical plants had mounted and the price of fossil …
… NY Green Bank (NYGB), New York State’s $1-billion clean-energy fund, and a young new efficiency … have not been systematized enough for large investors to be comfortable providing pools of capital that would cover whole portfolios of households. NYGB and Sealed entered the loan agreement to find a solution to these challenges. To guide other green-bank-like entities that are familiar with the deployment of debt financing to help …
… After the recession, the Rhode Island Infrastructure Bank (RIIB), a quasi-public state entity, sought to bring much-needed … 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 … 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 …
… private sectors play a crucial role in developing nascent climate technologies by deploying capital to bring promising solutions to scale. Traditional investing structures typically … to move from one stage of innovation to another. Gaps in funding often occur due to a combination of perceived outsized risk, large capital requirements, long development timelines, … venture capital—are stepping up to address these funding gaps, but some may lack the tools, resources, and relationships to deploy their capital in the most effective way. In …