• U.S. Green Bank Act of 2019 Would Provide $10 Billion+ of Capital to State and Local Green Banks

    U.S. Senators Chris Murphy (D-Conn.), Chris Van Hollen (D-Md.), Richard Blumenthal (D-Conn.), Sheldon Whitehouse (D-R.I.), and Ed Markey (D-Mass.) this week introduced the Green Bank Act of 2019. The bill would inject billions of dollars into the U.S. economy to accelerate clean energy deployment, grow clean energy businesses, and deliver affordable clean energy to all Americans. This bill provides a […]

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  • Jay Inslee: First 2020 Presidential Candidate to Endorse a Federal Green Bank

    Today Washington Governor and 2020 Democratic Presidential Candidate Jay Inslee presented his $9 trillion “Evergreen Economy Plan.” The plan includes the creation of a $90 billion federal Green Bank called the Clean Energy Deployment Authority (CEDA). Governor Inslee is the first presidential candidate to formally propose the creation of a federal Green Bank to catalyze […]

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  • National Foundation Profiles CGC’s Green Bank Impact

    The Energy Foundation, one of the Coalition for Green Capital’s key partners, has published an overview of CGC’s impact on the development of Green Banks in the US: In fact, CGC was instrumental in establishing the Connecticut Green Bank—the nation’s first state-level green bank—by partnering with state government and public and private investors. CGC helped […]

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  • Two Dozen Countries Come Together in Historic Shift Toward Green Finance

    PARIS (March 18, 2019) – The Coalition for Green Capital (CGC) has joined in organizing a first-of-a-kind global Green Bank forum – the Green Bank Design Summit. Signaling a shift in global climate politics, 24 developing countries representing 27% of global GDP and 44% of global carbon emissions are coming together to craft a new […]

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  • New CGC Report Explores Opportunity for Green Banks and Foundations to Partner through Program Related Investment

    The Coalition for Green Capital (CGC), in partnership with the Green Bank Network (GBN), is excited to announce the release of a new report exploring the potential for foundations and Green Banks to partner by using foundation Program Related Investments (PRI) to support Green Bank activities. As the impacts of climate change continue to accelerate, […]

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  • Introducing the American Green Bank Consortium

    Today marks the launch of the American Green Bank Consortium, a new collaborative effort with partners across the U.S. designed to increase the impact and total clean energy investment made by Green Banks. Green Banks will form the core membership of the Consortium, with a large cast of supporters also invited to join. Developers, investors, […]

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  • Colorado Announces Green Bank

    On Saturday, Governor John Hickenlooper announced the creation of a Colorado green bank. The green bank will be an independent, nonprofit entity called the “Colorado Clean Energy Fund” (CCEF). The objective of CCEF will be to drive private investment into clean energy projects and support the deployment of clean energy technologies in the state. To […]

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  • Green Bank Congress brings together green finance experts from around the world

    Green Banks, Green Funds and fellow green finance practitioners from around the globe gathered in Shanghai, China on November 29 for the sixth annual Green Bank Congress. Representatives from Clean Energy Finance Corporation (Australia), Green Investment Group, Connecticut Green Bank, Green Finance Organization Japan, Rhode Island Infrastructure Bank, Green Tech Malaysia and many more gathered […]

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  • 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 Africa’s (DBSA) new Climate Finance […]

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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 Finance Facility, can now launch […]

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