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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.,

Financing 170
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Chevrolet one of 16 organizations across US recognized by EPA for Climate Action; only automaker

Green Car Congress

The US Environmental Protection Agency (EPA) awarded 2015 Climate Leadership Awards to 16 organizations and one individual representing a wide array of industries from finance and manufacturing to retail and technology for showing what the agency said was exemplary corporate, organizational, and individual leadership in response to climate change.

Climate 150
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Deadline for applying for Keeling Curve Prize is 10 Feb; $250K for 10 projects

Green Car Congress

Previous winners have fixed carbon into stone in Iceland, produced biofuels in Kenya, and helped corporations around the world set and achieve emissions goals. —Jacquelyn Francis, executive director of the Keeling Curve Prize and the organization that administers it, the Global Warming Mitigation Project.

Kenya 210
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Bank of America joins Stanford’s Global Climate & Energy Project

Green Car Congress

The GCEP collaboration expects to benefit from the bank’s expertise in financing sustainable businesses dedicated to addressing climate change and advancing low-carbon solutions. Bank of America’s member on the GCEP management committee will be James Mahoney, the bank’s corporate communications and public policy executive.

Climate 218
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Chevy buying carbon credits from US colleges; new formula helps fund campus energy-efficient projects

Green Car Congress

Historically, campuses purchased other organizations’ carbon credits to help achieve carbon neutrality. Without such third-party financing of this type, most colleges and universities would not be able to capitalize on the more significant investments needed to bring down their carbon load on the atmosphere.

Carbon 246
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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). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.

Financing 150
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Dilawri Automotive Group and Plug’n Drive Launch the MEET

Plug N Drive

hydro, nuclear, wind, solar), the transition to electric vehicles will greatly reduce Canada’s climate-changing emissions. Privately owned and operated by the Dilawri family since 1985, Dilawri has over 3,500 employees and offers new and pre-owned vehicles, financing, leasing, parts, and maintenance services.

Canada 115