Wednesday, September 27, 2017
The Green Bank Network has closed transactions that are expected to mobilize more than US$29 billion in public and private capital for clean energy projects around the globe, putting them on pace to exceed their collective goal of US$40 billion by 2019. The announcement was made at the 5th annual Green Bank Congress, part of ClimateWeek NYC. Green Bank Network members are mobilizing as much as 10 dollars in total investment for every one dollar of public capital invested in clean energy projects.
Green Banks are dedicated banking and finance institutions created to work closely with the private sector to increase overall investment in clean energy and bring clean energy financing into the mainstream. The members of the Green Bank Network are investing across the technology spectrum, including wind, utility and small-scale solar, energy efficiency, low-carbon transport, combined heat and power, anaerobic digesters, LED street lighting, geothermal and energy storage. They are financing with a variety of products and at all scales - from multibillion dollar offshore wind farms to more energy efficient property and vehicles, to solar for small and medium-sized enterprises and affordable housing properties.
This global group of green banking and financial institutions includes founding members Clean Energy Finance Corporation (Australia), Connecticut Green Bank (US), Green Finance Organisation (Japan), Malaysia Green Technology Corporation, NY Green Bank (US), and Green Investment Group (UK). These organizations have appointed the Coalition for Green Capital and the Natural Resources Defense Council to manage the development of the network, with support from ClimateWorks foundation.
At the conclusion of a members-only meeting following the 5th annual Green Bank Congress, co-hosted by NY Green Bank and CT Green Bank, the founding members announced an intention to create an expanded Green Bank Network membership structure that will allow participation of other financial institutions focused on green infrastructure investment. Expanded membership will offer the opportunity for "Market Members" (such as project developers and commercial banks) and "Affiliate Members" (such as development finance institutions) - which will be integrated into the network along with the current Pure Play Green Bank Members - to participate and connect with Green Banks to share best practices, experiences and market insights, forge partnerships and work together to accelerate growth of global green investment. The group has also modified its current membership - appointing the Green Investment Group (formerly the UK Green Investment Bank, which was recently acquired by Macquarie in a formal privatization process) as its inaugural Market Member, transitioning from a Pure Play Green Bank Network Member.
As existing green banking and finance institutions continue to grow and adapt to meet evolving market needs, new green banking and finance institutions are also being established around the world, at scales both large and small. For instance, in 2017, legislation was introduced for the DC Green Bank in the US, and China announced the creation of five green finance pilot zones. South Africa is moving forward with creating a new Climate Finance Unit at the Development Bank of Southern Africa, and the Indian government is continuing its process to create a Green Investment Fund in India. Green banking and finance institutions are also under consideration in Canada, Mexico, Chile and in more than 10 U.S. states. Also, the first county-level Green Bank has been formed by Montgomery County, Maryland, and expects to launch its first programs this fall.
While the Green Bank model spreads, founding members of the Green Bank Network continue to push green investment to new heights in their target markets. In FY 2016-17 alone, the Australian Clean Energy Finance Corporation made 35 new investment commitments of A$2.1 billion (US$1.68 billion), with a combined project value of A$6.5 billion (US$5.2 billion) and with each A$1 committed by the CEFC matched by A$2 from private sector investors. The CEFC has now been in operation for four full financial years and has made cumulative investment commitments of A$4.3 billion (US$3.44 billion) to projects with a combined project value of A$11 billion (US$8.8 billion).
Before its privatization and change of name to Green Investment Group in August 2017, the UK Green Investment Bank profitably invested nearly GB Pounds 3.5 billion (US$4.5 billion) in 100 UK green infrastructure projects, mobilizing a total of GB Pounds 12 billion (US$15.5 billion) into the low-carbon economy. Malaysia's Green Technology Corporation has worked with 28 financial institutions to make green investments, and projects supported have led to the creation of over 4,600 jobs. Since its formation five years ago, the Connecticut Green Bank has closed transactions totaling US$175 million of its capital for a total investment of US$1.1 billion in total project costs. These projects are reducing the energy burden of nearly 25,000 families and businesses, creating more than 13,000 jobs in Connecticut communities, and reducing 3.7 million tons of global climate change-causing carbon dioxide emissions.
Japan's Green Finance Organisation has invested JP Yen 11 billion (US$100 million) in 27 projects that not only reduce emissions, but also stimulate local economies, achieving a ratio of mobilized private capital per GFO investment of over 10:1. NY Green Bank, the largest in the U.S., has made investments in New York supporting clean energy projects with a value of US$1.4 billion that are expected to reduce greenhouse gas emissions by up to 5.8 million metric tons, the equivalent to removing over 65,300 cars off the road for 20 years.
Looking forward to 2018, the Green Bank Network announced plans to increase investment, collaborate closely to benefit from each other's experience and support other emerging Green Banks.
Takejiro Sueyoshi, CEO of Green Finance Organisation (JAPAN), host of the Green Bank Congress in Tokyo in October 2016, said, "The ban of sales of fossil-fuel cars (gasoline and diesel fueled cars) in France and UK by 2040 and China's plan to follow suits is just an example of accelerated responses of the world to move to zero emissions under the Paris Agreement. On the other hand, corporate disclosure of climate risks and opportunities is dramatically changing, such as the Task Force on Climate-related Financial Disclosure's final proposal. As time goes by, the worsening climate change continues to demand more and more progressive reductions of CO2 emissions. A challenge for Green Banks, through the Green Bank Congress in NY, is how to keep themselves on a track to lead the fast-moving global trend towards a zero emission economy by financing green projects in a profitable manner."
Alfred Griffin, President of NY Green Bank, said, "The climate finance market has evolved significantly since we first launched this network a year ago, and as one of the six founding Green Bank members we are pleased to have been on the cutting edge of sustainable infrastructure financing since the earliest days. The progress we have made along with the advancements of our colleagues have been rewarding already, and we look forward to future collaboration in the months and years ahead."
Bryan Garcia, President and CEO of Connecticut Green Bank, said, "We are proud of the Green Bank Network's collective achievements. In Connecticut, our simple promise of increasing affordability and accessibility to green energy has evolved into a greater commitment to our stakeholders. Everything we do, we do to help families thrive and businesses grow. We do it in the interest of achieving inclusive prosperity not only within Connecticut and across the country, but around the world."
Ian Learmonth, Chief Executive Officer (CEO) of the Clean Energy Finance Corporation (Australia), said, "We continue to take seriously our public policy purpose to increase the flow of finance into the clean energy sector. Decarbonisation requires targeted action to drive down emissions, while moving clean energy technologies down the cost curve to bring diversity to our energy mix. Since the CEFC began investing in 2013, we have operated with the rigour of a commercial financier, while delivering on our clean energy public policy purpose. We continue to work with business, industry sectors, financiers and government to bring practical, competitive and targeted financial solutions to Australia's emissions reduction challenge. Investment through our defined decarbonisation pathways will help Australia achieve net zero emissions by the second half of the century."
Reed Hundt, CEO of the Coalition for Green Capital, said, "Private investment is key to driving climate investment to scale. Green Banks can provide a critical link in the climate finance architecture, using limited public-purpose funding to take on risk and leverage private capital quickly and effectively to support large-scale low-carbon investment and enable countries, cities and states to meet their climate goals."
Douglass Sims, Director of Strategy and Finance at NRDC's Center for Market Innovation, said, "Green banks are demonstrating that fighting climate change is a good financial investment. By building up clean energy sources ( for example :GOAL ZERO NOMAD 20 ) as well as smart infrastructure, we can better withstand severe weather events while lowering the climate pollution that fuels them. At the same time, we are creating jobs and lowering energy bills around the world. The Green Bank Network is putting best financing practices into action to continue to grow the clean energy economy at home and abroad."
Wednesday, July 19, 2017
Bushnell cameras are picture taking machines. When it comes to overall picture taking capabilities, Bushnell has no equal. They have made their name by winning our trail camera comparison test (Detection Shootout), year after year.
Perhaps more importantly, and often misreported on other parts of the ol' interwebs, is durability. Our warranty rate on Bushnell game cameras is well under what we average for all other cameras made overseas. In most cases, it is exactly half what we see from other companies. This is a big deal since we hand out 2-year warranties on all trail cameras purchased through our site.
2016 Bushnell Trail Cameras
The Bushnell cameras are led by the Bushnell Aggressor series (comes in Red and No Glow). The case design is exceptional and provides a clean, strong clamp when closed. However, what these cameras are known for is picture taking ability.
The Aggressor's detected out to 110 ft. this year, which is incredible. Along with that, they get over 8 months battery life.
My biggest complaint on the Bushnell cameras is the inconsistent photo quality. Many of the images are perfect - in fact, some of our best photos come from Bushnell - however, they can be maddening in low light conditions. If you can overlook that, though, you have a #winning combination of speed, durability, and battery life.
While the Aggressor cameras are known for speed, they aren't my favorite Bushnell trailcam this year, that distinction belongs to the Bushnell Essential E2.
It has decent speed, good battery life, nice case design, blah blah blah. The reason I love it so much are the killer night photos. I'm not kidding when I say they may rank among the best night IR photos I've ever seen.
Crazy good contrast, exceptional flash range, and crisp clarity. I'll take two, please.
Bushnell Cellular Camera
The Bushnell Aggressor Wireless remains an enigma. I'll break this down and make it really simple.
If you have really good AT&T reception (think 4+ bars), buy it, it'll be awesome. If you don't, chances are you will have nothing but problems.
The Aggressor Wireless has a weak antenna, which makes it useless in most remote areas. However, it is an excellent wildlife camera (or security camera) if you can place it in an area with great reception.
Overall, 2016 was a great year for Bushnell cameras. Which is why I'm happy to announce....
2017 Bushnell Trail Cameras
Bushnell maybe did the smartest thing here and didn't mess with much. These cameras were not in need of a redesign, just a few tweaks. If detection was a strength in 2016, I think it is going to get even better in 2017.
They told us they replicated our Detection Shootout to produce a camera that should absolutely dominate the competition. What that means remains to be seen, but I'm intrigued!
As far as I know, there are no planned changes to picture quality. As always, we will test everything when it becomes available (sometime before May/April) and post updated Bushnell Trail Camera Reviews to our site.
Also i want to introduce the best battery charger for trail camera, MOULTRIE 6V BATTERY CHARGER is really awesome product produced by moultrie.
Thanks for checking our blog out! :)
Friday, March 31, 2017
It is not an exaggeration to say that we are living in the age of mobile and the next 5 years are going to be shaped by the advances in mobile technology. When you consider that there are almost as many cell phones (6.8 billion) in the world as there are people (7 billion) it would be foolish for any business owner to not have a strategy that focuses on taking advantage of mobile technology. The startups such as Uber are fully taking advantage of all the functionality cell phone has to offer to provide a seamless user experience and in the process has become one of the most valuable startups in the world worth $50 Billion!
Mobile technology offers not only added functionality such as maps, tracking and so on to consumers, but it also contributes to the productivity and efficiency to businesses. Companies such as FedEx and UPS are using it to efficiently route drivers and in the process saving millions of dollars in fuel. The savings is not just limited to these large companies. Even small businesses can use it to improve their operation, provide better customer service and increase sales and profit.
Sunday, March 12, 2017
Every small business owner dreams of growing his business to the scale of Wal-Mart or Amazon. The sad truth is that very few of them can make it that big. However, that should not stop you from pursuing your dream and growing your business to the point where you can enjoy comfortable life. The key is to understand your strengths and limitations and use them to your advantage. Based on our dialog with number of small business owners we have come up with five powerful ideas that can help your business grow.
Do Not Underestimate the Power of a Professionally Created Website
You want to have a website that looks professional, is easy to navigate, and has been professionally designed. While many people do not think that this is something that is in their budget, there are definitely affordable options out there. The one thing you need to be sure of is that things are laid out well and that the website can easily be used, even by those who are not very computer literate. Another thing that you want to check on is how well the website loads with a smart phone. This is something else that is important.
Monday, February 27, 2017
On Saturday, November 28th, communities across the nation will be celebrating Small Business Saturday. Falling immediately after Black Friday, and just two days before Cyber Monday, this annual observance has become an integral part of the holiday season’s retail surge.
But is it really important? Or is it just another silly marketing gimmick?
Local businesses are in danger
These days, it’s so simple and fast to jump on Amazon or another ecommerce website and find everything we need for a great price, and even have it shipped right to our door.
And there’s likely a Wal-Mart or a Target within easy driving distance of your community, so one-stop-shopping at discount prices is an admittedly tough draw to ignore.
But where does that leave our small, independent retail stores and restaurants that have lined Main Street, USA for the last two centuries? It’s no exaggeration to say it leaves these Mom and Pop businesses struggling for survival.
The Green Bank Network has closed transactions that are expected to mobilize more than US$29 billion in public and private capital for cle...