RMI, in cooperation with leading global banks—BNP Paribas, Citi, Crédit Agricole CIB, Societe Generale, and Standard Chartered—and in consultation with industry, experts, and additional financial institutions has developed a first-of-its-kind framework to enable banks to measure and disclose their aviation lending portfolios’ emissions in a consistent and comprehensive manner. Today, RMI … [continued]
Leading lenders to the global aluminum sector — Citi, ING, and Societe Generale — are working together with RMI to develop a climate-aligned finance framework to help reduce the industry’s hard-to-abate emissions.
Originally published on RMI.org. Leading lenders to the global steel industry — Citi, Goldman Sachs, ING, Societe Generale, Standard Chartered, and UniCredit — are working together to develop a climate-aligned finance agreement to support steel sector decarbonization. Several top lenders to the steel sector — Citi, Goldman Sachs, ING, Societe Generale, … [continued]
Doing what Ross Gerber (and others) expected, Tesla has announced it is raising approximately $2 billion dollars to boost its balance sheet. Tesla CEO Elon Musk seemed to hint recently that the company would do that. Some of our others may comment on this topic further in the coming hours and days, but in the interest of covering the news in a timely manner, below is Tesla’s press release on this topic.
Latin America’s first combined concentrated solar power (CSP) and solar PV project is moving forward following the May closing of $758 million in financing by Cerro Dominador, a Chilean company owned by investment funds managed by EIG Global Energy Partners.
French banking giant Societe Generale has overachieved on its carbon emission reduction target set under its carbon neutrality plan. The bank has planned to reduce carbon emissions per occupant by 11% between 2008 and 2012 but was able to reduce them by 20%, excluding its Russian subsidiary Rosbank. The … [continued]
