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Finance | Page 3

Sourcing Renewables  -  December 22, 2023

ING Phasing Out Financing Oil and Gas Loans

European bank ING announced it is phasing out the financing of upstream oil and gas activities by 2040 and aiming to triple new financing for renewable energy by 2025. 
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Energy Efficiency  -  December 20, 2023

Equinix Allocates $4.9 Billion for Energy Efficiency, PPAs

Equinix, Inc., a digital infrastructure company, announced the full allocation of $4.9 billion in investment-grade green bonds for green building projects, energy efficiency and Power Purchase Agreement (PPA) projects.
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November 28, 2023

H&M Group Partners for Green Loan Program

H&M Group is leading an effort to establish collaborative financing solutions to enable the decarbonization of fashion supply chains.
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GHG Emissions  -  November 17, 2023

WISE Award Nominations Due Today

It's your last chance to submit a nomination for Smart Energy Decisions’ third annual WISE Awards to celebrate Women in Smart Energy. Help us shine a light on the significant and influential achievements of women in energy and sustainability from commercial, industrial, institutional and government organizations.
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GHG Emissions  -  November 16, 2023

CalPERS Establishes $100 Billion Net Zero Pledge

CalPERS announced a change to its sustainable investing strategy to accelerate moving the pension fund’s portfolio toward net zero where carbon emissions from investments are evenly balanced with carbon reductions.
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Finance  -  November 13, 2023

Mitsubishi Electric to Issue Green Bonds

Mitsubishi Electric Corporation announced it will issue green bonds for the first time.
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November 8, 2023

Zero-CapEx Solar + Storage: Lower Energy Costs and Emissions

On-site solutions like solar and storage help organizations reduce costs, generate revenue, and lower emissions. But what’s the key to building a cost-effective project? This infographic from Enel provides three steps for adopting solutions through financing options in combination with the Inflation Reduction Act to make zero-capital projects a reality.
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Distributed Energy Resources  -  November 7, 2023

Comcast's Green Bond Allocated for Buildings, EVs

Comcast allocated $421.8 million of the $995 million net proceeds from its February 7, 2023 issuance of its 4.65% green bond note to include projects geared towards green buildings, clean transportation, energy efficiency and renewable energy for several projects.
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November 6, 2023 - By International Monetary Fund

Climate Crossroads: Fiscal Policies in a Warming World

The International Monetary Fund's (IMF) report "Climate Crossroads: Fiscal Policies in a Warming World" takes stock of mitigation policies across countries and presents the trilemma facing policymakers of balancing between achieving climate goals, debt sustainability, and political feasibility. In this report, IMF offers insights into the mix of fiscal policies needed to address climate change worldwide.
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November 1, 2023 - By Abby Johnson

Developing an Innovative Clean Energy Financing Tool

As we look forward to the 2024 WISE Awards, let's look back at a conversation with Abby Johnson, Executive Director and Founder of Virginia PACE Authority and winner of a 2023 WISE Award. Abby discusses how public-private partnerships enable a unique type of financing for clean energy projects.
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