• 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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  • 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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  • 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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  • 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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  • CGC Publishes Pennsylvania Clean Energy Market Reports

    CGC, along with our partner The Nature Conservancy (TNC), is delighted to announce the release of its new reports: the Pennsylvania Clean Energy Market Report and the Pennsylvania Energy Investment Partnership Report. The first report is an analysis of the Pennsylvania clean energy market landscape. It estimates that there is a largely untapped market potential of […]

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  • Sparking the Green Bank Movement

    Today the Connecticut Green Bank won the prestigious Innovations in American Government Award for 2017. Given annually by the Harvard Kennedy School’s Ash Center for Democratic Governance, today’s ceremony acknowledges what those in the Green Bank and clean energy finance world have seen for years – that Connecticut Green Bank sparked a Green Bank movement. […]

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  • Bill Would Create DC Green Bank

    The mayor of District of Columbia, Muriel Bowser, recently introduced legislation that would establish Green Bank for the District. The bill would create the “Green Finance Authority” as an instrumentality of the DC government to finance and promote the deployment of clean energy technology within the District. The Green Finance Authority will act as the DC Green […]

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  • Nevada Governor Signs Green Bank Bill

    This week, Nevada Governor Brian Sandoval (R) signed a bill establishing a Nevada Green Bank into law. The bill directs the Nevada Governor’s Office of Energy to create an independent, nonprofit corporation named “the Nevada Clean Energy Fund.” The Nevada Clean Energy Fund purpose will be to support the deployment of clean energy technologies in […]

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  • The Value of Public Investment in Green Banks

    The track record shows that a Green Bank can drive more investment, more clean energy, and more CO2 reduction per dollar of public cost than current programs. The longest running Green Banks in the U.S. have now been operating for over five years. Green Banks have driven over $2 billion of clean energy investment in […]

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  • Connecticut Green Bank Fact Sheet

    Connecticut Green Bank – Organization Fact Sheet A downloadable pdf of this post is available here. CGC has analyzed the audited financial statements of the Connecticut Green Bank to provide insight into the organization’s financial practices. This analysis focuses on the ability of the Green Bank to retain and leverage public financing. This serves as […]

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