• 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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  • 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 energy investment. Nearly $1.7 billion […]

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  • DC Mayor Signs Green Bank Bill

    On Tuesday afternoon, Program Director Alex Kragie (center right in photo) represented the Coalition for Green Capital at the bill signing of the Green Finance Authority Establishment Act, which created a Green Bank for the District of Columbia. Mayor Muriel Bowser gave an inspirational talk about our obligations to affect climate action at the local […]

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  • Convergence supports CGC’s effort to establish first Green Bank in an emerging market

    TORONTO, 5 April 2018 – Convergence and ClimateWorks are partnering with the Coalition for Green Capital (CGC) and the Development Bank of Southern Africa (DBSA) to support the establishment of the Climate Finance Facility (CFF), which hopes to be the first “Green Bank” in an emerging market. The CFF will rapidly scale up private investments […]

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