By Jeff Schub
After the United States quashes the coronavirus, the hard work will be just beginning.
Millions of jobs will need to be created—and fast.
It’s why the creation of a National Climate Bank is more urgent than ever. That was the main message during the Coalition for Green Capital’s webinar. We were fortunate to have Rep. Debbie Dingell join us. She provided an update on efforts to stimulate the economy and underscored how a national climate bank is key to this effort.
Leaders of state green banks–which the national proposal is modeled after—outlined the success they have had. The banks have proven to be a quick and efficient way to distribute funds for clean energy and transportation infrastructure projects that create jobs. In fact, many of the banks received this initial funding from the 2009 Recovery Act during the last financial crisis.
The Connecticut Green Bank’s Bryan Garcia, Michigan Saves’ Mary Templeton and Florida’s SELF Doug Coward outlined the job impacts their banks have had and how the projects have reduced emissions.
If you missed the briefing, don’t worry. You can watch it here.
After the virus, we have to get America going again. To do that, we need jobs and as today’s briefing outlined, there are few better ways to do just that than build clean energy and transportation infrastructure.