RMI

Aviation emissions have taken off thanks to rising demand for air travel. With aviation accounting for roughly 3% of annual global CO2 emissions, policy makers, airlines, and others across the aviation value chain are exploring solutions to reduce the aviation sector’s climate impact. Sustainable Aviation Fuel (SAF) is a cleaner alternative to jet fuel that can reduce lifecycle greenhouse gas emissions by as much as 90% or more. Because SAF is critical to reducing aviation emissions, it’s important to understand how the market – including supply, demand, and policy – is progressing. RMI has created a global, forward-looking SAF market analysis to help stakeholders make investment decisions, understand the impact of policy, develop production and business strategies, optimize supply chains, and more: https://bit.ly/47TZThd #SustainableAviation #Aviation #Sustainability

RMI federal policy and clean hydrogen expert, Taylor Krause, is featured on the new season of the program Love Is Blind. We sat down with Krause and asked her about the show, her work, and the intersection of the two. https://bit.ly/4ePVbTY

RMI Believes in Innovative and Next-Generation Optimizations (BINGO!) to reduce emissions and advance clean energy to the forefront – at #ClimateWeekNYC and beyond. Thank you to everyone who turned out to join us for RMI Day on Tues., Sept. 24 at Scandinavia House in New York City. We hope you enjoyed our discussions about how RMI and our corporate partners are re-energizing climate action to cut emissions, how satellites and monitoring technologies are slashing methane emissions, how the Inflation Reduction Act (#IRA) and other legislation is benefiting communities in the United States, and how the clean energy transition is happening faster than people realize. #CleanEnergy #ClimateAction #EnergyTransition

How much are airlines willing to pay for sustainable aviation fuel? According to new research, more than you might think. Corporate demand for Sustainable Aviation Fuel (SAF) is expected to rise as more companies commit to transparent emissions reporting and ambitious greenhouse gas reduction goals. To make SAF projects more attractive for investors, more information is needed to understand SAF demand and how much customers are willing to pay. To explore this crucial aspect of the SAF market, RMI and the Mission Possible Partnership conducted a survey of 23 companies, examining their willingness to pay for SAF and SAF certificates to shed light on factors influencing purchasing decisions. The findings reveal promising insights that could pave the way for a more robust and sustainable aviation fuel market in the future: https://bit.ly/47Q0Gzp #Sustainability #Aviation #SustainableAviation

#VERGE24, hosted by Trellis Group, brings together sustainability professionals deploying cleantech at scale to explore emerging trends, take stock of new technologies, and work to accelerate the speed and scale of impact. As a proud Convening Partner, RMI hopes to see you at the event on October 29-31 in San Jose, California. Register today: https://bit.ly/4drmC5o #Cleantech #Climatetech #Sustainability #Decarbonization #Electrification #ClimateSolutions #ClimateImpact

During Climate Week, my colleague Clay Stranger and I hosted an event on Mobilizing Financing for Electric Two- and Three-Wheelers. The transition to electric mobility is both an equity and climate imperative. Our research focuses on driver-owner operators, many of whom lack formal banking records and rely on their vehicles for their livelihoods. Unfortunately, interest rates for electric two- and three-wheeler loans can be double those of fossil-fuel vehicles, making it difficult for many to participate in this transition. To access how we can achieve affordable financing for these borrowers, we organized an event dedicated to the topic. Our discussion featured expert insights from Binyam Reja of the World Bank, Jacqueline Klopp of Columbia University, Ije Ikoku Okeke of RMI, Claire Markgraf of C40 Cities, and Nikki Rudnick of Uber. Attendees represented multilateral development banks, philanthropists, corporate fleet platforms, regional financiers, and creditors, all of whom have critical roles in advancing electric mobility globally. I left the event energized and confident that we have the tools and knowledge to equitably advance transportation electrification worldwide. Here are my three key takeaways: 1. There is a need to intentionally include popular transport in policy and financial frameworks, as ignoring this critical mode won’t reduce demand. 2. Philanthropists and corporations can and should play a key role by providing credit enhancements to mobilize initial investment in this transition. 3. The risk perception of electric mobility is still a challenge; implementing de-risking measures such as the use of telemetric data, extended warranties, and demand aggregation are actions industry actors can implement today to lower perceived investment risk. #Climatefinance #EVs #Mobility #NYCW

Need help deploying your first commercial-scale climate tech project? 🤝 Introducing Mark1 – a transformative new developer-as-a-service for capital intensive, first of a kind industrial climate technologies 🌟 Mark1 was created by Third Derivative, RMI, and Deep Science Ventures, alongside founding partners Builders Vision and Fluor Corporation, to bridge the gap to commercialization for critical emerging climate tech. “The gap between demonstration and commercialization is the deepest, widest ‘valley-of-death’ faced by our founders – and a critical bottleneck to the energy transition. Our back-of-the-envelope math tells us that we’re only seeing 1-17% of the funding the world needs for first-of-a-kind commercial climate tech projects. It’s a systemic challenge. Isolated success stories are not going to cut it, and neither is simply throwing money at the problem. We need a systemic solution – one that can methodically de-risk and attract market-rate capital to these projects – lots of them. We believe that Mark1 can be that solution, or at least an important part of it.” - Rushad Nanavatty, Managing Director of Third Derivative Learn more about Mark1: https://www.mark1.build/ 🚀 Applications for its first cohort will open later this year!

🌍 🏗️ The Sustainable Steel Buyers Platform — which includes big corporate buyers of steel, primarily from the renewable energy, construction, and manufacturing sectors. At #ClimateWeekNYC, SSBP called on suppliers for bids to supply at least 1 million tons per year of near-zero emissions steel by 2023. As RMI’s Chathu G. explains, "The initiative is making sure that corporate demand is being pulled effectively to speed up investment" in near-zero emissions iron and steel plants. This effort is a crucial step toward decarbonizing the steel industry, which currently contributes up to 11% of global carbon dioxide emissions every year. Learn more in Canary Media Inc.: https://bit.ly/4ekb4BZ #GreenSteel #Decarbonization #SustainableIndustry #RMI #ClimateAction

As the world pushes to triple renewable energy and double efficiency by 2030, a big question is: How can we use public and philanthropic funding to scale private investment for clean energy projects? 🌍 At today’s Catalytic Climate Capital Forum during #ClimateWeekNYC, global leaders discussed how we can use catalytic climate capital — funds that take on more risk to encourage private companies to invest where they wouldn’t otherwise. The event highlighted how public-private partnerships are driving clean energy in developing countries. 🌱 🌎 Caribbean case studies, such as RMI’s CARICOM Resilience Fund, showed how collaboration between governments and businesses is creating scalable solutions for the region. 🌊🇨🇦 https://bit.ly/3Y1vEBB Four case studies from Barbados, Dominica, Jamaica, and Grenada laid out a roadmap for the energy transition in those countries - a preview of RMI's Caribbean Transition Scenario report that will be released next year! 🔑 Key takeaway: Successful climate finance initiatives depend on collaboration with local partners. This ensures that solutions are contextually appropriate and boosts the odds of scaling projects, especially in underserved regions like the Global South. “What we need now is implementation, not more innovation. Scaling proven solutions is the key to accelerating the energy transition." – Ije Ikoku Okeke, RMI #ClimateFinance #EnergyTransition #RenewableEnergy #ClimateAction Benjamin Bartle (RMI), Carla Orrego (Climate Policy Initiative), Filippo Berardi (Global Environment Facility), Ije Ikoku Okeke (RMI), Daniel Firger (Great Circle Capital Advisors), Geraldine Alias (Three Cairns Group), Gianni Chianetta (Greening the Islands Foundation), Skylar Bee (RMI), Racquel Moses (Caribbean Climate-Smart Accelerator ), Charlin Bodley (Bezos Earth Fund), James Fletcher (SOLORICON Ltd.), and Rodinald Soomer (CARICOM Development Fund)

I was excited to join Bloomberg Philanthropies for the launch of their Global Capacity Building Coalition (#GCBC) today at #climateweekNYC. The GCBC platform aims to support the mobilization of climate finance globally, and accelerate the transition to sustainable economies by addressing the capacity gap limiting investment in the transition. This new coalition will turbocharge climate finance capacity building and technical assistance for financial institutions in emerging markets and developing economies. RMI is proud to support such a coalition that reflects our commitment to expanding access to climate finance and solutions throughout the Global South.   Read more about the coalition here: https://lnkd.in/dN98hsYc Mike Bloomberg Simon Stiell