Green Car Congress

JANUARY 25, 2021

The STEAG power station in Duisburg-Walsum, the site for the construction of a large-scale green hydrogen generation system. ©euroluftbild.de/Hans In the coming years, thyssenkrupp Steel’s climate strategy will entail a continuously increasing and constant demand for green hydrogen. ©euroluftbild.de/Hans Hans Blossey.

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Hydrogen Green Climate Economy 482

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

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

MARCH 17, 2023

The E uropean Critical Raw Materials Act would help the bloc secure supply of the metals needed to build batteries, wind turbines and other green technologies. The EU will seek mutually beneficial partnerships with emerging markets and developing economies, notably in the framework of its Global Gateway strategy.

Green 210

Green Battery Batteries Supplies 210

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 Electrical 273

Green Car Congress

NOVEMBER 26, 2019

While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). The decline was not confined to China, however. billion and $2.7

Coal 243

Coal Clean Cleaning Financing 243

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

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

JANUARY 28, 2022

BNEF’s 2021 New Energy Outlook (NEO) mapped out three alternative scenarios (dubbed Green, Red and Gray) for reaching global net zero by 2050, in line with 1.75 The report also finds that climate-tech corporate finance totaled $165 billion in 2021. degrees of global warming.

Carbon 418

Carbon Transportation Global 2020 418

Green Car Congress

SEPTEMBER 21, 2019

The order also directs the California Air Resources Board (ARB) to push automakers to produce even more clean vehicles, and to find ways for more Californians to purchase these vehicles on the new and used markets.

Climate 191

Climate California Emissions Standards 191

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

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

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

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

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 Battery Batteries 150

Green Car Congress

JULY 8, 2020

In addition, MEPs say that market-based emissions reduction policies are not enough, so they also introduced binding requirements for shipping companies to reduce their annual average CO2 emissions per transport work, for all their ships, by at least 40% by 2030.

Environment 247

Environment CO2 Climate Industrial 247

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

MAY 10, 2022

European Commissioner for Internal Market Thierry Breton and European electrolyzer manufacturers last week met in Brussels to discuss how to increase industry’s capacity to produce electrolyzers used to produce clean hydrogen. —Commissioner for Internal Market, Thierry Breton.

Manufacturer 366

Manufacturer Hydrogen Russia Clean 366

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

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

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

FEBRUARY 23, 2022

Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Climate change is the existential crisis of our time and this acquisition accelerates our ability to address it.

Climate Change 429

Climate Change Commercial Financing Global 429

Green Car Congress

OCTOBER 21, 2022

(NMG) and Panasonic Energy entered into a Framework Agreement establishing the terms of the commercial relationship between the parties to enable the next development steps of NMG’s ore-to-battery-market integrated graphite project in Québec, Canada.

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NMG Energy Canada Climate Change 199

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 22, 2023

The program was originally designed to encourage the early adoption of emerging technology, and its goal was to accomplish a 16% market share for clean vehicles. The CVRP program is part of California Climate Investments, which funds the program with auction proceeds from the state’s Cap-and-Trade program. Now, California has 1.5

Clean 271

Clean Cleaning California Vehicles 271

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

JULY 15, 2021

The European Commission has adopted a package of proposals to make the EU's climate, energy, land use, transport and taxation policies fit for reducing net greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels ( Fit for 55 ). The Commission also proposes to increase the size of the Innovation and Modernization Funds.

Emissions 170

Emissions Climate Europe Carbon 170

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 A majority of this $12.1

Climate Change 150

Climate Change Climate Renewable Power 150

Green Car Congress

NOVEMBER 28, 2021

The funding is led by the venture arm of MANN+HUMMEL (a global market leader in filtration and separations), Energy Revolution Ventures from the UK, Volta.VC from the US, and New York climate investor Albert Wenger. Divi-H, Divigas’ new polymeric membrane, can purify hydrogen up to 99.95% purity. Source: DiviGas.

Commercial 418

Commercial Hydrogen New York Polymer 418

Green Car Congress

APRIL 16, 2017

million Series B financing round, co-led by new investor Groupe Lune Rouge and current investors Cycle Capital Management, and BDC Venture Capital. it is less likely to form crystals that cloud the fuel and lead to filter plugging in colder climates. This Series B round is used to support the global expansion of Agrisoma’s business.

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Financing Companies Fuel Oil 150