… After the recession, the Rhode Island Infrastructure Bank (RIIB), a quasi-public state entity, sought to bring much-needed … Energy (R-PACE), and the Brownfield Revolving Fund—were brought into the agency. The RIIB administers a number of financial-assistance programs for environmental projects in the state. …
… 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 in an area with abundant wind resources, absent a creditworthy off-taker the project would not have been able to line up financing. With Walmart de México’s 15-year PPA (Power Purchase Agreement) in hand, the developers were …
… On December 10, 1998, Sun Microsystems lodged a complaint with the European Commission relating to Microsoft … Area (EEA). Equity and Justice Sustainable Finance and ESG Commission of the European Communities v. Microsoft Corporation … Commission of the European Communities v. Microsoft …
… In August of 2014, Mark Gentry, the Chief Operating Officer of Gifford Pinchot State University … Director at Commonfund. The GPSU student government had just presented the Foundation with a resolution urging them to divest of all fossil fuel companies from their portfolio. … new investment considerations and evaluate potential methods to reflect such considerationswithin their portfolios. As a target the divestment movement, the GPSU Foundation faced a …
… NY Green Bank (NYGB), New York State’s $1-billion clean-energy fund, and a young new efficiency company named Sealed signed … to spread the cost over time. Second, while large-scale investors are increasingly familiar with residential energy-efficiency financing, they don’t use energy savings in their … a solution to these challenges. To guide other green-bank-like entities that are familiar with the deployment of debt financing to help stand up large-scale generation projects, this …
… In the early 2000s, the Federal government of Mexico enacted a series of laws promoting the use of alternative fuels in gasoline, beginning with ethanol from sugarcane. This meant that the national oil company PEMEX had to find ways … as 8% of the vehicle fuel blend at the pump, the maximum amount that could be incorporated without requiring changes to vehicle internal combustion engines and station pumps. Brazil …
… Santam, the leading short-term insurer in South Africa, was actively pursuing a strategy and … and provided over half of the country's crop insurance. Crop insurance provided farmerswith a hedge against climate, environmental, and other risks. Around 40% of grain farmers in … 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 …
… Suzlon, an India-based wind energy company, had made quite a splash in its first … wind turbines, Tanti discovered that wind energy was an even better business than textiles. Within six years of its incorporation, Suzlon had become the dominant player in the Indian … by coal-fired electrical plants had mounted and the price of fossil fuels had skyrocketed. With little more than a cell phone and the internet, Pedersen set to work building Suzlon’s …
… Like many countries, Australia has a large existing building stock that is responsible for a substantial … their operating costs. While these energy-efficiency upgrades are often cash-flow-positive with the right loans, they have failed to penetrate the market to the expected degree. … 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 …
… In the early 2000s, the CEO of General Electric (GE), Jeff Immelt, recognized this emerging pattern in public … 2012; To keep the public informed about ecomagination targets, progress and results. Along with the four commitments came a massive ecomagination advertising and branding campaign … 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 …