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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

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.,

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Euro Parliament Environment Committee votes to include shipping CO2 in EU ETS; shipping industry to contribute to climate neutrality

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The Environment Committee of the European Parliament voted to include CO 2 emissions from the maritime sector in the EU Emissions Trading System (ETS). 20% of the revenues under the Fund shall be used to contribute to protecting, restoring and efficiently managing marine ecosystems impacted by global warming.

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Revamp Moto partners with loan providers for 2W financing solutions – ET Auto

Baua Electric

The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4% The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4% and 15%, with a repayment period extending up to five years. and 15%, with a repayment period extending up to five years.

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FAO report warns of sharp decline in climate finance for agrifood systems

Innovation News Network

An FAO report has identified a shortfall in climate finance directed towards agrifood systems. The post FAO report warns of sharp decline in climate finance for agrifood systems appeared first on Innovation News Network. Learn about the impacts on food security.

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Government of Canada releases framework for ending fossil fuel subsidies

Green Car Congress

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.

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CARB launches $25M pilot program to help small trucking fleets transition to zero-emission technologies

Green Car Congress

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.

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T&E: Denmark, Luxembourg, Netherlands lead deployments of zero-emission buses in Europe

Green Car Congress

Denmark leads the way when it comes to putting zero-emission urban buses on the streets in Europe, with 78% of new vehicles being electric, according to the latest data from green NGO Transport & Environment. However, Germany is now financing 80% of the higher purchase cost of e-buses.