• BlackRock’s Letter on Climate Risk and the National Climate Bank

    Last month, Larry Fink, the Chairman and CEO of BlackRock, wrote in his annual letter to CEOs of the world’s largest companies that BlackRock would “place sustainability at the center of our investment approach.” As the letter implies, this may well be a turning point for how capital is invested, and for that BlackRock deserves […]

    Continue reading
  • Upcoming African Climate Finance Events Feature CGC

    Later this month, CGC’s Sidonie Gwet will be speaking at several climate finance strategy events in Africa. In 2017, CGC designed the first African Green Bank at the Development Bank of Southern Africa. CGC is currently working in Rwanda on a similar project. UNFCCC Technical Workshop on Needs-Based Climate Finance for East Africa Sidonie Gwet […]

    Continue reading
  • Rhode Island Leads on Climate-Resilient Infrastructure

    The effects of climate change are no longer a distant threat. Stronger storms and rising oceans are already wreaking havoc on our infrastructure across the country. Rhode Island’s Treasurer, Seth Magaziner, has seen the impacts first hand, which is why he helped create the Rhode Island Infrastructure Bank. And in a recent op-ed in the […]

    Continue reading
  • Webinar Highlights Mission-Driven Investment via Green Banks

    CGC’s Deputy Director Jill Bunting was a moderator and panelist for Confluence Philanthropy’s “Investing in Domestic Clean Energy Projects 101” webinar on January 28. The webinar also featured Curtis Probst, Co-CEO at NYCEEC and Aaron Seybert, Managing Director at the Social Investment Practice of The Kresge Foundation. The conversation focused on the structures available to mission-driven […]

    Continue reading
  • CAP Calls for Climate Bank to Address Climate Disasters

    A new article from the Center for American Progress calls for the creation of a National Climate Bank to equitably address climate disasters: “Congress should also create a National Climate Bank to drive public and private investment into renewable energy, clean transportation, and community resilience projects, particularly in front-line communities such as economically disadvantaged communities, […]

    Continue reading
  • Two More Governors Take Lead on Green Banks

    In the just the last few weeks, two more governors announced plans to create green banks and dedicated clean energy finance capacity in their states. Governor Gavin Newsom in California and Governor Phil Murphy in New Jersey both kicked off new efforts to use public capital to spark more private investment to reduce greenhouse gas […]

    Continue reading
  • New CGC White Paper: Federal Financing via Independent Institutions

    The National Climate Bank proposed in recent legislation is designed as an independent nonprofit institution that will be empowered to invest $35 billion in federal funds, while also mobilizing private capital. This design and approach brings unique advantages compared to funding programs directly through government agencies, and there are a number of precedents that show […]

    Continue reading
  • Update from the Executive Director: Growth at CGC

    An update from CGC’s Executive Director Jeff Schub: I am thrilled to announce exciting growth and development for the CGC team as we kick-off 2020. First, I am pleased to share that Alejandra Nunez has joined CGC as our first General Counsel. Ale comes to CGC from Sierra Club, where, as a Senior Attorney, she […]

    Continue reading
  • CGC Statement on E&C Legislative Framework

    Press Release: Jan. 8, 2020. Today leaders from the House Energy and Commerce Committee previewed a legislative framework designed to ensure a 100 percent clean energy economy by 2050. The framework included the creation of a National Climate Bank to invest in a rapid, affordable, and equitable clean energy transition. The following statement comes from […]

    Continue reading
  • CGC in the News: Jeff Schub in CleanTechnica

    In a new CleanTechnica interview, CGC Executive Director Jeff Schub explains how a National Climate Bank will build on the track record of success already established by state and local green banks, and accelerate the clean energy transition. “State and local green banks have already mobilized billions of dollars into clean energy projects, proving that […]

    Continue reading