Green Car Congress

DECEMBER 25, 2021

Germany’s Federal Ministry of Economic Affairs and Climate Protection (BMWi) has approved €900 million for the innovative funding instrument H2Global. The aim of the project is to advance the international market ramp-up of green hydrogen and to use double-auction procedures for this purpose.

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Germany Hydrogen Green Climate Protection 382

Green Car Congress

OCTOBER 29, 2021

ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.

Financing 318

Financing Engine Iowa Diesel 318

Green Car Congress

NOVEMBER 21, 2021

Moller – Maersk (Maersk) has launched its Green Finance Framework designed to allow the company to issue a variety of sustainable financing instruments which may include bonds, loans, project finance and other instruments. Fossil-fueled technologies that lock in long-term emissions do not qualify for financing.

Green 170

Green Financing Carbon Light 170

Green Car Congress

JUNE 14, 2021

German Federal Minister of Economics Peter Altmaier and Federal Minister of Research Anja Karliczek, together with their Australian counterpart, Energy Minister Angus Taylor, have signed a letter of intent to establish a “Germany Australia Hydrogen Accord” to facilitate a green hydrogen supply chain between the countries.

Australia 334

Australia Germany Hydrogen Green 334

EV Obssesion

OCTOBER 9, 2021

Greater Credit from Financial Institutions Can Improve Affordability, Awareness, and Adoption By RMI India Pursuing low-carbon development is central to India’s Paris Agreement climate goals. The post Greening India’s Homes & Vehicles with Low-Cost Finance appeared first on EV Obsession.

Low Cost 79

Low Cost Financing Green Vehicles 79

Green Car Congress

OCTOBER 15, 2021

The green hydrogen for the flight will be supplied using Universal Hydrogen’s modular fuel capsules that enable the delivery of hydrogen from the point of production directly to the aircraft using the existing freight network and airport cargo handling equipment without the need for any new infrastructure.

Hydrogen 397

Hydrogen Universal Financing Los Angeles 397

Green Car Congress

JULY 16, 2023

Ohmium International, a green hydrogen company that designs, manufactures, and deploys advanced Proton Exchange Membrane (PEM) electrolyzers, announced a strategic collaboration with Aquastill , one of the leaders in modular membrane distillation technology that uses the sustainable power of waste heat for desalination.

Hydrogen 150

Hydrogen Green Waste Clean 150

Green Car Congress

JANUARY 14, 2022

LanzaJet, a sustainable fuels technology company and renewable fuels producer, has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia ( earlier post ), through the Microsoft Climate Innovation Fund. LanzaJet produces SAF and renewable diesel from low-carbon, sustainable ethanol sources.

Climate 273

Climate Diesel Renewable Financing 273

Green Car Congress

MARCH 5, 2021

The Securities and Exchange Commission (SEC) has created a Climate and ESG Task Force in the Division of Enforcement. Consistent with increasing investor focus and reliance on climate and ESG-related disclosure and investment, the Climate and ESG Task Force will develop initiatives to identify ESG-related misconduct proactively.

Climate 186

Climate Financing Insight Corporation 186

Green Car Congress

NOVEMBER 5, 2021

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170

Financing Ford Clean Cleaning 170

Green Car Congress

SEPTEMBER 23, 2019

In the Principles, launched one day ahead of the UN Climate Action Summit in New York, banks commit to align their business strategically with the goals of the Paris Agreement on Climate Change and the Sustainable Development Goals, and scale up their contribution to the achievement of both.

Climate 236

Climate Global Climate Change Financing 236

Green Car Congress

MAY 21, 2020

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. SGH2 says that its green hydrogen is cost competitive with “gray” hydrogen produced from fossil fuels such as natural gas—the source of the majority of hydrogen used in the United States. —Lancaster Mayor R.

Waste 448

Waste Hydrogen Green California 448

Green Car Congress

JANUARY 3, 2023

The financing is subject to the negotiation and execution of definitive agreements between Eve and BNDES in connection with such credit lines, as well as the satisfaction of certain conditions to be set forth in such definitive agreements.

Climate Change 199

Climate Change Financing Climate Grant 199

Green Car Congress

JUNE 23, 2017

With one of the nation’s most ambitious climate targets, Park City is laying a path for a net-zero carbon footprint for its municipal operations by 2022 and a Summit County area-wide net-zero carbon footprint by 2032 by implementing Proterra’s proven transit technology. buy the bus, lease the battery.

Financing 186

Financing Batteries Battery Utah 186

CleanTechnica EVs

OCTOBER 2, 2023

Dr. Situmbeko Musokotwane, Zambia’s Minister of Finance and National Planning, announced that, “… to continue promoting the usage of clean energy as well as supporting the green economy and climate change mitigation, I propose the following measures: a) Remove customs duty on […] Here is some good news from Zambia.

Zambia 123

Zambia Climate Change Electric Vehicles Financing 123

Green Car Congress

NOVEMBER 26, 2019

The Climatescope results come just ahead of next month’s United Nations-supported climate negotiations in Madrid. Of the total $133 billion in asset finance that flowed to supporting development of new clean energy projects in the markets in developing nations, just $24.4 billion or 18% came from sources outside those countries.

Coal 243

Coal Clean Cleaning Financing 243

Green Car Congress

JANUARY 20, 2022

Most of them will be purchased with the funds from the green bonds. A green bond is a type of a fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects. The funds received from the placement of green bonds were earlier used to purchase 400 electric buses.

Buy 273

Buy Russia Purchase Electric 273

Green Car Congress

SEPTEMBER 21, 2019

As the state transitions to a carbon-neutral economy, and as other states and countries increasingly adopt ambitious climate policy, the state’s investments must align with the reality of this major market shift.

Climate 191

Climate California Emissions Standards 191

Green Car Congress

DECEMBER 11, 2011

Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. markets all remain in action as effective tools to leverage global climate action and as models to inform. Nations Framework Convention on Climate Change (UNFCCC). Green Climate Fund.

Climate 294

Climate Climate Change 2012 South Africa 294

Green Car Congress

AUGUST 16, 2023

Advanced Ionics , the developer of a new category of hydrogen electrolyzers useful for expanding green hydrogen production, closed a $12.5-million million Series A financing led by bp ventures, with additional investors including Clean Energy Ventures, Mitsubishi Heavy Industries, and GVP Climate.

Water 195

Water Hydrogen Green Mitsubishi 195

Green Car Congress

MARCH 11, 2022

To boost the global production capacity of green methanol, A.P. The six companies are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel. To transition towards decarbonization, we need a significant and timely acceleration in the production of green fuels. Maersk’s green methanol sourcing partners.

Green 199

Green Companies Switzerland Denmark 199

Green Car Congress

MAY 31, 2021

—“State of Finance for Nature”. It stresses the need to accelerate capital flows rapidly to nature-based solutions by making nature central to public- and private-sector decision-making related to societal challenges, including tackling the climate and biodiversity crises. A total investment of $8.1

Financing 296

Financing Climate Stimulus Climate Change 296

Green Car Congress

JULY 4, 2023

In the report, Deloitte uses clean hydrogen to encompass both green hydrogen— produced from renewable electricity via electrolysis—and blue hydrogen—produced via natural gas coupled with carbon capture and storage. trillion per year by 2050. trillion in developing economies. trillion in developing economies.

Clean 429

Clean Cleaning Hydrogen Market 429

Green Car Congress

JULY 30, 2023

Canada is also committed to phasing out public financing of the fossil fuel sector. This refers to financing beyond the scope of the fossil fuel subsidies commitment. Canada is the only G20 country to phase out inefficient fossil fuel subsidies ahead of the 2025 deadline.

Canada 150

Canada Fuel Climate Change Financing 150

Green Car Congress

JULY 8, 2020

The committee calls for an “Ocean Fund” for the period from 2023 to 2030, financed by revenues from auctioning allowances under the ETS, to make ships more energy-efficient and to support investment in innovative technologies and infrastructure, such as alternative fuel and green ports, to decarbonize the maritime transport sector.

Environment 247

Environment CO2 Climate Industrial 247

Cars That Think

NOVEMBER 12, 2022

Starting a company to develop an energy technology that fights climate change is hard—a lot harder than starting a software company. This is a hard problem This is not your green kumbaya.” This is not your green kumbaya. million financing round. But the opportunities are huge. Do they know how to meet [these] commitments?

Climate 97

Climate Hydrogen Los Angeles Climate Change 97

Green Car Congress

JUNE 5, 2012

The Premier of Québec, Jean Charest; the Minister of Sustainable Development, Environment and Parks, Pierre Arcand; and the Minister of Transport Pierre Moreau unveiled the Canadian province’s 2013-2020 Action Plan on Climate Change (PACC 2020). The action plan and strategy adaptation represent a total investment of nearly C$2.7

Climate Change 316

Climate Change Climate Transportation Financing 316

Green Car Congress

JUNE 7, 2021

The report indicates that “ the G7 will need to assist emerging market and developing countries in tackling their greater debt and finance constraints that have resulted from the pandemic, and embark on programmes of green recovery and transformation ”. The report says that $1.5-1.7 It suggests that $1.4

Global 170

Global Stimulus Package Financing Stimulus 170

Green Car Congress

JULY 9, 2022

These will include flexible financing, short-term rentals, and full-service leases, such as all-inclusive truck-as-a-service options with enhanced incentives and fueling support. Dealers and their financing partners, leasing and rental companies, or truck-as-a-service providers can serve as providers.

Fleet 334

Fleet Emissions Financing Dealers 334

Green Car Congress

JUNE 23, 2022

Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.

Wind 195

Wind Hydrogen Emissions Building 195

Green Car Congress

DECEMBER 15, 2022

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel.

Lithium Ion 150

Lithium Ion Oman Batteries Battery 150

Green Car Congress

NOVEMBER 29, 2011

This includes the possibility of the adoption by IMO of a compensation mechanism through which a significant share of any revenues collected from international shipping could be directed to developing countries and provide a new source of finance to support their efforts to tackle climate change.

Climate 218

Climate Climate Change Industrial Industry 218

Green Car Congress

AUGUST 24, 2021

Since 2017, Proton Motor Fuel Cell GmbH has been working with Aumann AG as part of the larger EU program “ Fit-4-AMandA ” (Fit for Automatic Manufacturing and Assembly) on hydrogen fuel cell stack production with financing from the agency FCH JU (Fuel Cells and Hydrogen Joint Undertaking).

Hydrogen 459

Hydrogen Fuel Motor Motors 459

Green Car Congress

NOVEMBER 18, 2022

The investment plan recognizes that to meet the state’s clean air and climate goals California needs more clean cars, trucks and buses along with community-led efforts to create walkable, bikeable, transit-friendly places for everyone. The bulk of these funds have come from California Climate Investments. Funded projects include: $2.2

Clean 326

Clean Cleaning Cleaner Cars 326

Green Car Congress

JANUARY 29, 2016

To reach the level of investment in new renewable power generation needed to avert dangerous climate change, $12.1 trillion above business-as-usual projections— according to a new report by Ceres and Bloomberg New Energy Finance. trillion of investment will be needed over the next 25 years—$5.2

Climate Change 150

Climate Change Climate Renewable Power 150

Green Car Congress

AUGUST 23, 2010

trillion is spent annually on transport globally, mostly in ways that exacerbate rather than solve the problems associated with traffic growth, including congestion, health-harming air pollution, accidents, energy insecurity, and climate change. The report, A Paradigm Shift Towards Sustainable Low Carbon Transport , finds that more than $1.5

Sustainable Transportation 231

Sustainable Transportation Financing Transportation Global 231

Green Car Congress

OCTOBER 24, 2011

Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

Climate Change 360

Climate Change Climate Global Energy 360