article thumbnail

Nissan launches sustainable finance framework to fund electric vehicle and sustainable technologies

Green Car Congress

Nissan Motor is launching a sustainable finance framework to help fund its next-generation electrified vehicles, batteries, environmental technologies, and new mobility services. The Nissan Sustainable Finance Framework will enable Nissan to raise funds needed to further enhance its sustainability efforts. Management of the Proceeds.

Financing 199
article thumbnail

Government of Canada releases framework for ending fossil fuel subsidies

Green Car Congress

Putting the Assessment Framework and Guidelines into force will ensure any government supports for the sector will not delay the transition to renewables, are in compliance with the goals of the Paris Agreement to limit warming to 1.5 °C, The Guidelines are in effect and apply to all federal departments and agencies.

Canada 150
article thumbnail

Germany and Australia to establish alliance on green hydrogen supply chain

Green Car Congress

Co-financing of an AUS-DEU H 2 incubator for applied research. Co-financing of “HydrogenHubs”. Co-financed as part of the planned German funding guidelines for international H 2 projects and Australian funding for hydrogen hubs. The accord provides for three different initiatives: HyGate. Cooperation on H 2 -Handel.

Australia 334
article thumbnail

European Commission approves €4.7B public support scheme for advanced biomethane and biofuels in Italy

Green Car Congress

The scheme will be financed by transport fuel retailers who are obliged by law to include a certain percentage of advanced biofuels and biomethane in their fuel blends. The Commission’s 2014 Guidelines on State aid for environmental protection and energy allow Member States to support advanced biofuels under certain conditions.

Italy 296
article thumbnail

Germany establishes new national control center for charging infrastructure

Green Car Congress

The National Control Center for Charging Infrastructure is located at NOW GmbH in the long term, which has so far coordinated and controlled the BMVI's Charging Infrastructure funding guideline. In addition, new financing instruments are being developed that ensure rapid, reliable and user-friendly expansion.

Germany 170
article thumbnail

€33.7M AgiloDrive2 project for electric motor production launches

Green Car Congress

The AgiloDrive2 research project, with a three-year duration and total finance package of €33.7 Digital twins will permit efficient production planning and accelerated commissioning, while AI solutions further increase product quality, and digital qualification methods facilitate and expedite employee instruction.

Motor 243
article thumbnail

Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

United Nations Environment Programme Finance Initiative ( UNEP FI ) is a global partnership between the United Nations Environment Program (UNEP) and the global financial sector. UNEP FI works closely with more than 200 financial institutions who are signatories to the UNEP FI Statements.