… On July 12, 2017, the Harvard Kennedy School of Government bestowed 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 …
… Bryan Garcia, the President and CEO of the Connecticut Green Bank, had a big decision to make. Garcia is a member … 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 …
… A global leader in the insurance and asset management business, AXA had risen to the top ranks in terms of corporate … to Interbrand, AXA’s was the leading global brand name in insurance, and also the leading "green" insurance brand. Throughout its growth, AXA’s leadership had maintained an interest … 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 the early 2000s, the CEO of General Electric (GE), Jeff Immelt, recognized this emerging pattern in public … 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 … 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 …
… NY Green Bank (NYGB), New York State’s $1-billion clean-energy fund, and a young new efficiency company named Sealed signed … 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 …
… Like many countries, Australia has a large existing building stock that is responsible for a substantial percentage of itsgreenhouse-gas emissions. Given that it will take decades for these buildings to be … 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 …
… At the end of 2010, Jifan Gao, Trina Solar’s founder and chairman, wondered how his company could expand its presence in the … Trina, a company with manufacturing and headquarters in Changzhou, China, had managed to grow rapidly by selling photovoltaic (PV) modules in Europe. However, Trina lagged behind … in 2010, and Trina had increased itssales in the country during 2009. But other module makers were also expanding their presence in the United States. Trina had to decide how it …
… After the recession, the Rhode Island Infrastructure Bank (RIIB), a quasi-public state entity, sought to … 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 … After over a year of operation, the EBF has yielded action recommendations that decision makers can use to refine and iterate the program. The EBF is an innovative structure to …
… As the Connecticut Green Bank works to design high-impact programs for the solar market, it … and Vermont, yielding little economic development benefits to Connecticut. Decision makerssaw the state’s approach needed to be retooled to incentivize in-state market … than decreasing installed costs. The need to maintain the momentum of the solar market’s growth led to a proposal for fine-tuning the incentive programs the state offered. This led …
… y Centroamérica decided to buy the power generated by the Electrica del Valle de México’s (EVM) wind farm, EVM’sstruggling project received a significant boost. While the proposed wind farm was located … to receive 50% of its energy from renewable sources by 2015, even in a period of rapid growth, increasing itssquare footage in Mexico by 12% in 2012 alone. All told, the efforts …