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

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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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Study confirms €1T green hydrogen potential for Africa

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Government leaders, ministers, international finance, business partners and civil society from across Africa attended the unveiling event. 1 trillion green hydrogen investment can deliver the equivalent of more than one-third of Africa’s current energy consumption, boost GDP, improve clean water supply and empower communities.

Africa 481
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Report: total investment of $8.1T in nature required over next 3 decades; tripling current investments needed by 2030

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—“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. The report calls for coupling investments in restoration action with financing conservation measures.

Financing 296
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Japanese banks financed most of the Mumbai Trans Harbour Link. Tap to know the cost. | Autocar Professional

Baua Electric

From Japan with Love The bridge was constructed from special steel sections imported from Japan (Japan also provided the finance for the bridge). Rypee and Yen Japanese banks provided most of the finance for the bridge (it costs roughly Rs 18,000 crore). These sections are very strong and can take big loads. The speed limit 100kph.

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MIT, Scripps study examines behavior of midwater sediment plumes from deep-sea nodule mining

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The midwater plume comprises two stages: (i) the dynamic plume, in which the sediment-laden discharge water rapidly descends and dilutes to a neutral buoyancy depth, and (ii) the subsequent ambient plume that is advected by the ocean current and subject to background turbulence and settling. Earlier post.). Muñoz-Royo, C., Peacock, T.,

MIT 397
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Finnish Minerals Group & FREYR Battery collaborate to develop LFP cathode materials plant in Finland

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In the initial study phase, Finnish Minerals Group and FREYR are focusing on the business plan, front-end engineering, cost estimates, financing, and environmental impact assessment. Water management is important in the project. The transport pipe would also help keep the carbon footprint of production low.

Finland 186
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Pew Environment Report Says Melting Arctic Could Cost a Minimum of $2.4 Trillion by 2050

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trillion by 2050, according to a new report, “An Initial Estimate of the Cost of Lost Climate Services Due to Changes in the Arctic Cryosphere”, released by the Pew Environment Group. Scott Highleyman, international Arctic director for the Pew Environment Group.