Climate Change

Battelle Innovations in Climate Resilience Conference to Convene Powerhouse Group of Climate Leaders from the White House, Department of Energy, Private Industry and Academia in Washington, DC on April 22-24

Retrieved on: 
Thursday, April 18, 2024
Defense, Environment, Environmental, Social and Governance (ESG), Other Science, Research, Public Policy, Government, Other Defense, Professional Services, Contracts, Other Natural Resources, Mining, Minerals, Environmental Policy, Forest Products, Agriculture, Natural Resources, Science, Climate Change, Utilities, Sustainability, Oil, Gas, Coal, Alternative Energy, Energy, Nuclear, White House, Federal Government, Congress, DOE, Policy, Climate, NSC, Climeworks, Health, ICR, Innovation, Partnership, REFS, Conference, United Nations Security Council, Yale University, Carbon, United States national laboratories, Communication, Society, Climate change, Food, Assistant, Food security, Private sector, Joe Biden, Howard University, Senior advisor, USAID, Renewable energy

“As Battelle approaches a century since its founding, even as threats to our society have evolved, we find our motto ‘It Can Be Done’ more relevant than ever.

Key Points: 
  • “As Battelle approaches a century since its founding, even as threats to our society have evolved, we find our motto ‘It Can Be Done’ more relevant than ever.
  • It underpins our approach to climate resilience,” said Battelle President and CEO Lou Von Thaer.
  • From the private sector, Douglas Chan, Chief Operating Officer, Climeworks will share his first-hand experience leading manufacturing and energy projects around the world.
  • For more information about this year’s event, visit the ICR24 website or send inquiries to [email protected] .

AirMiners Awarded $300,000 in Department of Energy DAC EPIC Prize

Retrieved on: 
Thursday, April 18, 2024
Environment, Climate Change, Environmental Issues, Other Energy, Environmental Health, Green Technology, Energy, Other Natural Resources, Natural Resources, Carbon, DOE, Incubator, National Renewable Energy Laboratory, Direct air capture, DAC, XPRIZE, Lead, EPIC

The U.S. Department of Energy (DOE) Office of Fossil Energy and Carbon Management (FECM) has selected AirMiners as a finalist in the Direct Air Capture (DAC) Pre-Commercial Energy Program for Innovation Clusters (EPIC) Prize .

Key Points: 
  • The U.S. Department of Energy (DOE) Office of Fossil Energy and Carbon Management (FECM) has selected AirMiners as a finalist in the Direct Air Capture (DAC) Pre-Commercial Energy Program for Innovation Clusters (EPIC) Prize .
  • AirMiners will receive a $300,000 cash prize for being selected as a Phase 2: “Move It” winner and will advance to Phase 3: “Prove It.” Earlier this month, AirMiners was awarded a $150,000 prize from the U.S. Department of Energy (DOE) Energy Program for Innovation Clusters (EPIC) Round 3.
  • The DAC EPIC Prize is a three-phase competition for incubators to propose new programming to support innovators working on equitable, hard-tech DAC solutions.
  • “Clean-tech incubators, like the DAC EPIC Prize finalists, are critical to development of the direct air capture (DAC) industry,” said Eli Cain, DAC Prizes Lead at the National Renewable Energy Laboratory.

Prime Coalition Announces Trellis Climate to Accelerate Deployment of First-of-a-Kind Climate Projects Through Catalytic Capital

Retrieved on: 
Thursday, April 18, 2024
Start-Up, Climate Change, Socially Responsible Investing, Professional Services, Philanthropy, Small Business, Environmental, Social and Governance (ESG), Green Technology, Fund Raising, Environment, Finance, Carbon, Climate, FOAK, Investment, Renewable energy

Prime Coalition , a nonprofit on a mission to unlock catalytic capital and change the future of climate finance, today announced Trellis Climate (formerly called “Early Climate Infrastructure”), an impact-first catalytic capital program that invests in first-of-a-kind (FOAK) climate infrastructure projects.

Key Points: 
  • Prime Coalition , a nonprofit on a mission to unlock catalytic capital and change the future of climate finance, today announced Trellis Climate (formerly called “Early Climate Infrastructure”), an impact-first catalytic capital program that invests in first-of-a-kind (FOAK) climate infrastructure projects.
  • Trellis Climate is focused on projects with significant climate impact potential, a clear path to scale and a high dependence on catalytic capital for success.
  • Specifically, FOAK and early climate infrastructure projects are often viewed as too risky, too capital intensive, or both by commercial investors.
  • “Trellis Climate is building on Prime’s unique track record in facilitating catalytic investing of charitable capital into for-profit companies and projects,” Sarah Kearney, Founder and Executive Director of Prime Coalition.

9Zero Launches Climate Innovation Hub at SF Climate Week with First Coworking Space in Downtown San Francisco

Retrieved on: 
Thursday, April 18, 2024
Climate Change, Technology, Construction & Property, Building Systems, Other Technology, Apps, Applications, Green Technology, Software, Environment, Other Construction & Property, Sustainability, Climate change, Generation Investment Management, Built environment, Heart, Innovation, Partnership, Melvin Swig, Senior, California Street, Movement, San Francisco Giants, Organization, Climate

9Zero , a climate innovation hub that combines coworking and a digital membership network, today announced the opening of its first coworking space located in downtown San Francisco (350 California Street) and the public beta launch of its membership app, 9Z .

Key Points: 
  • 9Zero , a climate innovation hub that combines coworking and a digital membership network, today announced the opening of its first coworking space located in downtown San Francisco (350 California Street) and the public beta launch of its membership app, 9Z .
  • The 9Zero San Francisco coworking space opening and launch coincide with SF Climate Week, a solutions-oriented sustainability gathering organized by and for the community.
  • "We are excited to welcome the 9Zero Climate Innovation Hub to San Francisco, which supports our ongoing efforts in environmental progress, innovation, and downtown economic recovery,” said San Francisco Mayor London N. Breed.
  • For more information on memberships, the San Francisco hub or the digital hub, visit www.9zero.com .

Acre Impact Capital Announces the First Closing of its Export Finance Fund I

Retrieved on: 
Wednesday, April 17, 2024
Finance, Consumer, Alternative Energy, Energy, Professional Services, Other Philanthropy, Philanthropy, Environment, Sustainability, Fund Raising, Foundation, Women, Green Technology, Climate Change, European Investment Bank, City, Transport, Investment, Woman, SURE, Food, Development aid, Social, Primary energy, BofA Securities, Rail transport by country, Culture, International development, Fund, ECA, USAID, Financial services

Acre Impact Capital , a private-debt impact investment manager announces the first closing of its Export Finance Fund I (the “Fund”), with commitments of ~US$100mn, with a target size of US$300mn.

Key Points: 
  • Acre Impact Capital , a private-debt impact investment manager announces the first closing of its Export Finance Fund I (the “Fund”), with commitments of ~US$100mn, with a target size of US$300mn.
  • The Fund has also secured significant commitments from several African investors, reflecting the attractive risk-return profile and expected impact of the strategy.
  • Acre Impact Capital’s innovative Export Finance Fund I is the first fund of its kind leveraging the transaction facilitation role of export credit agencies (“ECAs”) for impact.
  • “We are incredibly proud to have received support from our limited partners, who have backed our pioneering Export Finance Fund I.

Wellington Management Announces Close of Inaugural Climate Innovation Fund

Retrieved on: 
Wednesday, April 17, 2024
Finance, Environment, Professional Services, Climate Change, Asset Management, Climate change, Agriculture, AI, Woodwell Climate Research Center, City, Software, Insurance, Research, Transport, Food, Wellington Management Company, Fund, Pension, Renewable energy

Wellington Management (“Wellington” or the “Firm”), one of the world’s largest independent investment management firms, today announced the final close of the Wellington Climate Innovation Fund (“CIF” or the “Fund”), with US$385 million in commitments.

Key Points: 
  • Wellington Management (“Wellington” or the “Firm”), one of the world’s largest independent investment management firms, today announced the final close of the Wellington Climate Innovation Fund (“CIF” or the “Fund”), with US$385 million in commitments.
  • CIF is Wellington’s first fund to invest solely in private companies developing solutions to help mitigate and adapt to climate change.
  • “Climate change is an existential threat to society and touches every sector of the global economy, making it one of the largest and most necessary investment opportunities we will see in our lifetimes,” said Greg Wasserman, Head of Private Climate Investing at Wellington Management.
  • The team has extensive experience investing in climate solutions and leverages Wellington’s broader investment, research and sustainability capabilities in public and private markets, along with the Firm’s research collaboration with Woodwell Climate Research Center, the leading independent climate change research institute.

HASI Extends and Upsizes Bank Facilities to $1.625 Billion, Further Strengthening Diversified Funding Platform

Retrieved on: 
Wednesday, April 17, 2024
Utilities, Environment, Finance, Alternative Energy, Energy, Banking, Climate Change, Professional Services, CP, Climate change, Investment, Policy, Water, Carbon, J. P. Morgan, Line of credit, BofA Securities, Global warming potential, The Company, HASI

The applicable margins remain unchanged for all three bank facilities at 187.5 bps for the revolving line of credit, 212.5 bps for term loan A, and 140 bps for the green CP program.

Key Points: 
  • The applicable margins remain unchanged for all three bank facilities at 187.5 bps for the revolving line of credit, 212.5 bps for term loan A, and 140 bps for the green CP program.
  • Each facility provides for interest rate reductions if HASI achieves certain levels of its CarbonCount metric on an annual basis.
  • The CarbonCount Green CP Program was the first fully green commercial paper program in the United States when launched in 2021.
  • “The upsize and term extension of our credit facilities simultaneously addresses a majority of our 2025 maturities and enhances the flexibility of our diversified funding platform,” said Marc Pangburn, Chief Financial Officer, HASI.

Essential Utilities Launches Third Annual Earth Day Celebration

Retrieved on: 
Wednesday, April 17, 2024
Oil, Gas, Alternative Energy, Energy, Green Technology, Climate Change, Sustainability, Recycling, Philanthropy, Environmental Policy, Other Natural Resources, Environment, Natural Resources, Other Philanthropy, Other Energy, Utilities, National Aviary, Natural Lands, City, Drinking water, Essential Utilities, Tree, Essential, Pittsburgh Parks Conservancy, Partnership, Water, Pittsburgh Botanic Garden, Garden, Pennsylvania Horticultural Society, Quality of life, Organization, World Water Day

Essential Utilities Inc. launched its third annual Essential Earth Day, a month-long celebration of volunteer events, donations and employee education opportunities, which will run through the end of April and support the company’s mission of protecting and providing Earth’s most essential resources and investing in the communities it serves.

Key Points: 
  • Essential Utilities Inc. launched its third annual Essential Earth Day, a month-long celebration of volunteer events, donations and employee education opportunities, which will run through the end of April and support the company’s mission of protecting and providing Earth’s most essential resources and investing in the communities it serves.
  • “Earth Day is a powerful reminder of the vital link between safe drinking water, essential resources and the well-being of our planet and communities,” said Essential Utilities Chairman and CEO Chris Franklin.
  • “By launching our initiatives on World Water Day, we demonstrate our unwavering commitment to improving the lives of the people we serve.
  • Essential Earth Day is part of the company’s comprehensive commitment to the environment and the communities it serves.

Argonne’s Decarbonization Scenario Model Analyzes Ambitious Pathways to Net-Zero Carbon Emissions

Retrieved on: 
Wednesday, April 17, 2024
Other Energy, Utilities, Oil, Gas, Nuclear, Environmental Health, Alternative Energy, Energy, Other Science, Environment, Research, Sustainability, Science, Green Technology, Climate Change, Climate change, DOE, Agriculture, Carbon dioxide, Methane, Greenhouse gas, Policy, Natural gas, Argonne National Laboratory, Transport, Carbon, Wind, Biomass, GHG, CO2, Renewable energy

Now, scientists at the U.S. Department of Energy’s (DOE) Argonne National Laboratory have introduced the Decarbonization Scenario Analysis Model, which measures the effect of carbon mitigation approaches on energy use and greenhouse gas emissions (GHG) across the U.S. economy.

Key Points: 
  • Now, scientists at the U.S. Department of Energy’s (DOE) Argonne National Laboratory have introduced the Decarbonization Scenario Analysis Model, which measures the effect of carbon mitigation approaches on energy use and greenhouse gas emissions (GHG) across the U.S. economy.
  • The tool is benefited from Argonne’s Greenhouse gases, Regulated Emissions, and Energy use in Technologies (GREET®) lifecycle analysis models.
  • Researchers proposed one ambitious decarbonization pathway that reduced GHG emissions 80-90% economy-wide in 2050 compared to the baseline.
  • Rather, the Decarbonization Scenario Analysis Model is a data-backed tool to help users assess what is and what is not working in specific decarbonization scenarios to guide future decisions.

HNI Corporation Receives DOE Better Project Award

Retrieved on: 
Wednesday, April 17, 2024
Retail, Manufacturing, Other Construction & Property, Environmental Health, Home Goods, Residential Building & Real Estate, Construction & Property, Environment, Other Retail, Specialty, Other Manufacturing, Textiles, Climate Change, Steel, Climate change, HNI, Culture, HNI Corporation, Building, Corporate social responsibility, Organization, Renewable energy

HNI Corporation (NYSE: HNI) announced it has received a Better Project Award from the U.S. Department of Energy’s Better Buildings Initiative.

Key Points: 
  • HNI Corporation (NYSE: HNI) announced it has received a Better Project Award from the U.S. Department of Energy’s Better Buildings Initiative.
  • The Better Project Award acknowledges HNI's exceptional achievements in executing energy-efficient initiatives within its manufacturing operations, particularly concerning the optimization of paint booth ovens.
  • As a winner of a Better Project award, HNI has demonstrated an innovative pathway to improve energy efficiency and reduce emissions that other organizations can learn from,” said Carolyn Snyder, Deputy Assistant Secretary for Buildings and Industry at the U.S. Department of Energy.
  • “HNI is committed to improving operations and combating climate change to create a better, more sustainable, tomorrow.