• 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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  • 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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  • On the Road to a South African Green Bank

    CGC staff spent the last week in Johannesburg, partnering with the Development Bank of Southern Africa (DBSA) on the formation of their new Climate Finance Unit based on a “Green Bank” model. The DBSA is a regional development bank, financing infrastructure projects across multiple countries in partnership with private lenders and international DFIs. Identifying the […]

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  • CGC Paper: National Green Banks in Developing Countries

    Click here to download the paper. The Coalition for Green Capital (CGC), with support from the Hewlett Foundation, has published a new paper exploring how the Green Bank model can be implemented in emerging markets to help achieve national climate goals. The paper examines how Green Banks (either purpose-built entities or adaptations of existing institutions) […]

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  • Global Green Bank Impact: $25.9 Billion and Counting

    Through 2016, member institutions of the global Green Bank Network have supported clean energy projects valued at $25.9 billion. $7.9 billion was directly invested or committed by Green Banks, with the remainder coming from outside investors. Renewable energy projects represented the majority (78.5%) of Green Bank investments. Earlier this year, CGC reported that US Green Banks had participated […]

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  • CGC Roundtable: Green Banks in Emerging Markets

    The Coalition for Green Capital hosted a high-level roundtable on Green Banks in Emerging Markets on April 21, 2017 in Washington, DC. The event, organized alongside the IMF spring meetings, featured leading climate finance experts from government, private finance and the NGO community. The day was organized as a discussion, exploring how Green Banks (through […]

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  • Green Bankers Gather in Tokyo

    This week, Green Bank representatives and clean energy finance leaders will gather in Tokyo to share experiences and identify ways that public and private investment can rapidly scale to meet climate change goals. On Tuesday, the Japanese Green Finance Organisation (Japan’s Green Bank) will host the annual Green Bank Congress. Green Banks from Australia, UK, […]

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  • Green Banks: New IRENA Reports Highlights the Role of Risk Mitigation in Climate Finance

    At the historic Paris climate summit in 2015, governments raised their level of climate ambition and agreed to hold global average temperature increases to well below 2°C above pre-industrial levels and to pursue efforts to limit temperature rise to 1.5°C. To achieve this goal, immediate, deep cuts in global carbon emissions are required. Shifting to […]

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  • OECD and Green Bank Network Announce New Publication and Green Finance Conference at Clean Energy Ministerial Event

    Yesterday in San Francisco, global leaders in the field of innovative clean energy finance gathered in advance of the 7th Clean Energy Ministerial. The event brought together policymakers, practitioners and thought leaders on Green Banks and Green Bonds. The forum was hosted by the U.S. Department of Energy, and featured the Organisation for Economic Co-operation and Development […]

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