Author: Stuart Mitchell

IFC Mobilizes $3.5 Billion from Leading Global Insurers to Expand Development Finance

Stuart Mitchell

IFC signed a $3.5 billion credit insurance policy with 13 global insurance companies under its Managed Co-Lending Portfolio Program (MCPP), a milestone that will support economic activity and foster development in emerging markets. The program, MCPP Financial Institutions III, mobilizes the risk capacity of leading insurers to support more than $7 billion of new IFC medium and long term lending to commercial banks and non-bank financial institutions over the next six years. The program will increase access to finance for micro, small and medium enterprises, including women-owned businesses, as well…

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Berry Global Partners with ACCIONA Energía to Power its Mexico Operations with 100% Renewable Electricity

Stuart Mitchell

Berry Global Group, Inc. recently announced a five-year power purchase agreement (PPA) with multinational renewable energy leader ACCIONA Energía to power all four of its facilities in Mexico with wind and solar power. Procuring nearly 100,000 megawatt hours (MWh) of cost-effective, renewable energy annually, this agreement is projected to avoid around 40,000 metric tons of carbon dioxide equivalent, or CO2e, annually – equivalent to taking over 15,000 cars off the road. This not only helps Berry meet its climate goals, it also helps Berry’s customers advance their ambitious sustainability goals…

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Triodos Bank ranked #1 globally for financing of clean energy projects

Stuart Mitchell

Triodos Bank has been named as the most active clean energy lead arranger by total number of deals in the past year. The top spot was achieved after the bank acted on 140 deals in 2022, with a total deal value of over half a billion US dollars ($504 million), incorporating traditional renewables such as onshore wind, solar and hydro, alongside EV charging, battery storage and energy efficiency projects. The independent analyst Clean Energy Pipeline has tracked and collated the activity of major financial institutions to create a comprehensive league…

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ASA launches new phase of UK-wide awareness campaign

Stuart Mitchell

The ASA/CAP have released a post called: ASA launches new phase of UK-wide awareness campaign. I have enclosed the text of the link below, but please have a look at the ASA/CAP site as there are lots of things of interest to anyone with an interest in Ethical Marketing. We are launching the next phase of our ad campaign, following a successful UK-wide campaign last year that increased awareness of the ASA’s role in regulating ads amongst those who saw or heard our ads, as well as trust in advertising. Following…

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Ingka Group (IKEA) and H2 Green Steel sign agreement for the supply of Green Steel across its warehouse operations

Stuart Mitchell

Ingka Group, the largest IKEA retailer, announces it has signed an agreement with H2 Green Steel for the delivery of Green Steel, to be used in IKEA warehouse racking. The agreement forms part of Ingka Group’s ongoing action to reduce its climate footprint and will account for 50% of warehouse racking purchased globally. “The innovation of companies like H2 Green Steel holds great potential for a positive business and climate impact. We are delighted to announce this agreement, as we also want to inspire other businesses to follow. Significant steel…

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