… Ash award in policy innovation, the "Nobel of policy," upon the Connecticut Green Bankfor its role in "sparking the green bank movement." The Green Bank used financial … consider how different funding structures would impact their mission to accelerate private investment in clean energy, create Connecticut jobs, promote energy security, and address … Should the Connecticut Green Bank rethink how they approached interest-setting? If profitable parts of the organization could support those that would never make sense on a …
… Council on Climate Change (GC3), a group charged with creating a comprehensive climate strategyfor the State of Connecticut. As of September 2016, Garcia remained undecided about a key … chose the 15 members of the GC3 from state agencies, quasi-state agencies, business, and nonprofits. The GC3 recommendations would have to take into account Connecticut’s changing …
… Harish Hande and the company he founded, SELCO, provide solar electricity for lighting and power to India's poor. For the work of his company, Hande has received … on Hande to lay off employees and contract the organization. With the help of the World Bank’s commercial finance arm, the International Finance Corporation (IFC), Hande was able to restructure the company in 2008. SELCO remained a for-profit business, but Hande was able to seek new investors more aligned with its mission. In …
… investmentbanking 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 him and learn that he needs help preparing for an unusual negotiation. Marston will be flying to San Francisco for a negotiating … value of EDF's blessing to the private equity firms? What should be Marston's negotiation strategy (i.e., assess the probability that KKR and TPG would agree to various concessions …
… Like many countries, Australia has a large existing building stock that is responsible for a substantial percentage of its greenhouse-gas emissions. Given that it will take … degree. Misalignment of incentives and perceived project risk are responsible for this underinvestment. Building owners and tenants do not always share reduced energy costs in a way … 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 …
… NY Green Bank (NYGB), New York State’s $1-billion clean-energy fund, and a young new efficiency … named Sealed signed a $5-million loan-financing agreement as a way to broaden the market for home energy-efficiency upgrades. In New York State, those upgrades face two key barriers … widespread adoption. The first barrier is that a whole-home upgrade is a high out-of-pocket investmentfor a homeowner. Homeowners who make upgrades often have to pay cash outright or …
… financial backing, buy and erect the turbines, and begin generating electricity by 2010. For Walmart de México, becoming the wind farm’s off-taker accomplished a number of important … electricity at below the rates charged by Mexico’s state-controlled utility, shaving costs for the famously thrifty retailer. In addition, the project allowed Walmart de México to get … that took them too far from the company’s central activity of retailing. The company’s investment group analyzed sustainability projects on the same basis as any other project, …
… After the recession, the Rhode Island Infrastructure Bank (RIIB), a quasi-public state entity, sought to bring much-needed clean-energy finance … Public Energy Partnership (RIPEP) was temporarily accelerating utility energy-efficiency efforts. The new state leadership created the RIIB. It was built by renaming and restructuring … brought into the agency. The RIIB administers a number of financial-assistance programs forenvironmental projects in the state. One of these programs is the EBF, a financing program …
… oil company PEMEX had to find ways to implement this policy. Nevertheless, in spite of efforts by various government agencies as well as PEMEX, by mid-2014 no ethanol had been … makers looked at the country's energy supply, they expected that substituting bioethanol for some portion of gasoline fuel would meet a number of the country’s needs. First, it could help extend the country’s supply of crude oil. The country's demand for gasoline was growing, but the production of crude oil from the country's shallow-water …
… 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 billion by 2010; To increase … GE's operations and improve energy efficiency its facilities by 2012; To keep the public informed about ecomagination targets, progress and results. Along with the four commitments …