• Recap: Moving Green Banks Forward at the Inaugural US Green Bank Summit

    Many thanks to all who attended the last week’s first US Green Bank Summit! At the event, Green Bank leaders built connections and shared ideas with one another, as well as with leaders from the fields of investment, philanthropy, business, and more. Several highlights came from exciting developments at the federal level. With the National […]

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  • The Campaign for a Federal Green Bank

    With the introduction of recent legislation in Congress, momentum has grown for the implementation of a Green Bank at the federal level. The National Climate Bank Act creates a blueprint for what Congress could accomplish when ready to take meaningful action on climate change. To help make this policy framework into a reality, CGC is […]

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  • National Climate Bank Act of 2019 Introduced in Senate; Momentum Builds for Green Banks

    Press Release: July 8, 2019 US Senators Ed Markey (D-MA), Chris Van Hollen (D-MD), Brian Schatz (D-HI), and Richard Blumenthal (D-CT) today introduced the National Climate Bank Act of 2019. The bill is the first of its kind to create a nonprofit institution independent of government, designed to reduce energy costs and leave consumers and […]

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  • Rwanda Engages CGC to Develop Catalytic Green Investment Fund

    Press Release: June 26, 2019 The Coalition for Green Capital (CGC) today announced it has been awarded a contract to develop a new fund to expand Rwanda’s climate finance capacity. The fund will be designed to complement existing programs available through the Rwanda Green Fund (FONERWA), with a unique and specific focus on unlocking and […]

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  • US Green Bank Act of 2019 Introduced in House; Companion to Recent Senate Bill

    Press Release: June 21, 2019 US Representatives Jim Himes (D-CT) and 13 colleagues today introduced the US Green Bank Act of 2019, companion to a recent Senate bill of the same name introduced in May. The introduction builds momentum for the Green Bank proposal and demonstrates a broad base of support. Like the Senate bill, […]

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  • Report Finds Milestone For American Green Banks: Over $3 Billion Invested

    Press Release: May 28, 2019 The Coalition for Green Capital (CGC) today released the first annual industry report of the American Green Bank Consortium, finding that cumulative investment caused by American Green Banks has exceeded $3 billion for the first time. CGC supports the work of state and local Green Banks, as well as the […]

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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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  • 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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  • 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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