• A green bank to watch in 2020: New Zealand Green Investment Finance Ltd.

    As 2019 winds down, a promising new entrant into the world of green banks comes from New Zealand. This mission-driven financial institution, New Zealand Green Investment Finance Ltd. (NZGIF), reached a series of milestones during the past year and is poised to begin making its first clean energy investments in 2020. NZGIF’s process started with […]

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  • Nine Countries “Take Flight” With Green Banks for Climate Action

    MADRID, SPAIN (Dec. 11, 2019) – As pressure builds for stronger country-level action to curb climate change, nine countries and partners are demonstrating that leadership at the COP25 climate conference by announcing progress towards creating green banks, which attract private financing for clean energy and low-carbon development. The countries spotlighted their advances today at a […]

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  • CGC in the News: Green Finance Accelerates Energy Transition

    A new story in Foresight Climate and Energy takes a look at the global proliferation of green banks, and explores different models including that of the now-privatized UK Green Investment Group. It includes insights from CGC International Director Andrea Colnes. The piece emphasizes the growing reach and impact of these institutions: Targeted green investment banking […]

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  • A green bank for Spain? CGC’s Andrea Colnes to discuss at COP 25

    A strong new op-ed in Spanish newspaper El Mundo by energy financier Eduardo Brunet of Greenward Partners explains why Spain needs a green bank to “accelerate the impact of limited public funds and serve to channel private investment.” Spanish speakers can check out the full piece in El Mundo here. CGC International Director Andrea Colnes […]

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  • AfDB, CIF and CGC to develop green financing instruments for Africa

    The African Development Bank, in partnership with the Climate Investment Funds (CIF), today announced that it has commissioned the Coalition for Green Capital (CGC) to prepare a study on the creation of national climate change funds and green banks in Africa. CGC will identify and work with six African countries to conduct feasibility studies for the […]

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  • Green Bank Network announces $50 billion investment milestone

    The Green Bank Network had big announcements to make during NYC’s Climate Week! First, the network announced that its members (Green Banks around the world) have collectively committed a cumulative $14.9 billion towards projects that are expected to mobilize a total $50 billion in public and private capital for green projects. The Green Bank Network’s […]

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  • CGC applauds groundbreaking agreement to fund South African Climate Finance Facility

    Press Release: August 21, 2019. Today’s agreement between the Development Bank of Southern Africa (DBSA) and the Green Climate Fund (GCF) to establish a specialized Climate Finance Facility is a critical and exciting step in a years-long process. The agreement marks the GCF’s commitment of US$56 million to the Climate Finance Facility, which will use […]

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  • CGC in the News: Nature Letter Calls for Increased Study of Green Bank Model

    In a new letter to the editor published in Nature, CGC CEO Reed Hundt calls for further study into the Green Bank model, and advocacy from scientists and experts around the need to drive investment in clean energy infrastructure. “The introduction last month of the US National Climate Bank Act is a boost for ‘green’ […]

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  • New Case Study highlights CGC’s work to create $100M Green Bank in South Africa

    A new case study from Convergence Blended Finance showcases the Climate Finance Facility (CFF), a specialized lending facility designed on the “Green Bank” model, based in South Africa. Green Banks are public, quasi-public, or non-profit entities established specifically to facilitate private investment into low-carbon, climate-resilient infrastructure. Convergence is the global network for blended finance, generating […]

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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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