• Green Banks, Greening Banks and the Sustainable Financial System

    By Andrea Colnes and Stacy Swann – Coalition for Green Capital & Climate Finance Advisors We are in the second week of the UN Climate Summit in Paris, and while we wait for the negotiators to finish their hard work, private sector and finance continue to show they are ready and prepared to increase their […]

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  • CGC Forming Global Green Bank Network to Drive Investment

    In work related to COP 21 in Paris, the Climate Policy Initiative (CPI) called for use of a systemic platform across the financial system to support creative collaboration to expand innovation in climate finance. This call for building a coalition across the financial system and coordinating efforts through a systemic platform is identified in CPI’s The […]

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  • PRESS RELEASE: New Global Green Bank Network

    FOR IMMEDIATE RELEASE Press contact: Jeffrey Schub, jeff@coalitionforgreencapital.com First Global Green Bank Network Will Speed Shift to Clean Energy New partnership and funding will combine power of green banks to mobilize private investment in renewable energy and energy efficiency PARIS (December 7, 2015) – As world leaders gather to discuss global action on climate change, […]

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  • Basics of Green Bank Legislation & Structure

    Policymakers and stakeholders often ask CGC what it takes to create a Green Bank, and whether legislation is required to create a Green Bank. Though legislation is not necessary in all states, it is often used to create a new Green Bank financing entity. Legislation can define the mission of the Green Bank institution, name the source of capitalization, determine […]

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  • White House Expands Lending Program to Include State Green Banks

    The White House has announced a broad set of executive actions to further the deployment of clean energy that directly benefits state Green Banks. President Obama is using all the tools at his disposable within the federal government to support the financing and adoption of clean energy at the state and local level. This week’s […]

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  • Carbon Tax and the Theory of Second Best

    By Jeffrey Schub Paul Krugman wrote yesterday that a carbon tax would be an ideal “economics 101” policy solution to correct for the externality of carbon emissions. Krugman argues that, despite a carbon tax being the most efficient solution, “second-best” approaches that are less efficient will be the likely outcome. This need to settle for […]

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  • Give the Grid to Solar; Let Clean Energy Spread Like the Internet Did

    By Reed E. Hundt [1] Hope or heartbreak is at hand for everyone who believes America should show how to stop destroying the climate by burning coal to make electricity. On the side of hope, solar panel installers now offer homeowners a deal not to be refused: pay no money down, and buy about three-quarters of […]

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  • Green Bank Act of 2014: Why $50 Billion?

    After reading about the recently introduced Green Bank Act of 2014, one of your first questions might be, “Why $50 billion?” In short, $50 billion leveraged through a federal Green Bank just might be enough to finance the renovation of America’s power platform. The Connecticut Green Bank has achieved a leverage ratio of 10:1 meaning that […]

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  • Green Bank Act of 2014 Introduced

    Earlier today, Congressman Chris Van Hollen (D-MD) introduced the Green Bank Act of 2014 in the House. Cosponsors of the bill include House Representatives: Earl Blumenauer, Gerry Connolly, Elizabeth Esty, Jim Himes, Eleanor Holmes Norton, Jim Langevin, and Louise Slaughter. Senate cosponsors include Richard Blumenthal and Chris Murphy. The Green Bank Act of 2014 would […]

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  • Gina Raimondo Announces Plan for RI Green Bank

    CGC congratulates Rhode Island gubernatorial candidate Gina Raimondo on the announcement of a Rhode Island Green Bank as part of her state environmental policy plan! “With the reality of climate change we need to be increasing our efforts to make our state more energy efficient, reduce our dependence on fossil fuels and adapt to its […]

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