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Report: total investment of $8.1T in nature required over next 3 decades; tripling current investments needed by 2030

Green Car Congress

—“State of Finance for Nature”. trillion finance gap between now and 2050, by “building back more sustainably”, by repurposing agricultural and fossil fuel subsidies and by creating economic and regulatory incentives. of projected economic stimulus spending. A total investment of $8.1

Financing 296
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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 Most commercial vehicle factories in mainland China have returned to production. million units, in the wake of the COVID-19 pandemic. decline in global real GDP in 2020.

2020 191
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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

Green Car Congress

Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 At least 38 national governments have enacted blending mandates or targets to accelerate the expansion of biofuels production and consumption in the transportation sector. billion in 2011 to $185.3

Global 253
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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

Green Car Congress

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 ”.

Global 170
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Energy Markets in a State of Change. by Bill Cooke. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3

Financing 150
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Pike Research forecasts global biofuels market value to double to $185B by 2021

Green Car Congress

According to a new report from Pike Research, the increased production and consumption of biofuels will more than double the industry’s market value in the next decade. Pike forecasts that the global market for biofuels will increase from $82.7 BGPY worldwide, representing a 127% increase over 2010 production volumes and an 8.4%

Global 225
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A123Systems Raises $69 Million in New Round of Private Financing; GE Increases Ownership to More than 10%, Director of GE Global Research to Join Board

Green Car Congress

GE Energy Financial Services and GE Capital’s Equity unit provided $15 million of the amount raised by A123 in this financing. In addition to the private capital, A123 is seeking funds under federal and state stimulus and other programs to ramp up its production capabilities in Michigan.

Financing 150