• GCF Signals New Way to Fund Green Banks in U.S. and Abroad

    Last week, the Green Bank world hit an exciting and crucial milestone. The Green Climate Fund (GCF) became the first multilateral institution in the world to capitalize and fund a local Green Bank in a developing nation. The GCF approved a $55 million loan to the Development Bank of Southern

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  • GCF funds first Green Bank, committing $55.6m for Green Bank in Southern Africa

    Washington, DC, October 19, 2018 – Today the Coalition for Green Capital congratulates the Development Bank of Southern Africa (DBSA) for the approval of a first-of-its-kind-loan from the Green Climate Fund (GCF) to the DBSA for the creation of a new Green Bank. The DBSA Green Bank, called the Climate

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  • US Green Bank Transactions on Track to Near $3 Billion

    Green Banks in the US have been powerful tools for driving capital into clean energy markets. CGC reviewed annual reports and transactions at nine US-based Green Banks from their inception through fiscal year 2017. At the end of 2017, these institutions participated in transactions representing more than $2.3 billion of cumulative clean

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