• New Jersey RFI Kicks-off Green Bank Formation

    New Jersey is taking the first step to create a green bank of its own. On Monday March 9, the New Jersey Economic Development Authority (NJEDA) issued a Request for Information (RFI) seeking input from a wide range of parties to inform the design and formation of a new green financing mechanism. The RFI is […]

    Continue reading
  • Rhode Island Leads on Climate-Resilient Infrastructure

    The effects of climate change are no longer a distant threat. Stronger storms and rising oceans are already wreaking havoc on our infrastructure across the country. Rhode Island’s Treasurer, Seth Magaziner, has seen the impacts first hand, which is why he helped create the Rhode Island Infrastructure Bank. And in a recent op-ed in the […]

    Continue reading
  • Webinar Highlights Mission-Driven Investment via Green Banks

    CGC’s Deputy Director Jill Bunting was a moderator and panelist for Confluence Philanthropy’s “Investing in Domestic Clean Energy Projects 101” webinar on January 28. The webinar also featured Curtis Probst, Co-CEO at NYCEEC and Aaron Seybert, Managing Director at the Social Investment Practice of The Kresge Foundation. The conversation focused on the structures available to mission-driven […]

    Continue reading
  • Two More Governors Take Lead on Green Banks

    In the just the last few weeks, two more governors announced plans to create green banks and dedicated clean energy finance capacity in their states. Governor Gavin Newsom in California and Governor Phil Murphy in New Jersey both kicked off new efforts to use public capital to spark more private investment to reduce greenhouse gas […]

    Continue reading
  • Green Bank Job Alert: Director of Investments and Portfolio Management at Michigan Saves

    American Green Bank Consortium member Michigan Saves is seeking a new, financially savvy Director of Investments and Portfolio Management to enable more Michiganders to access the benefits of clean energy! Michigan Saves has mobilized $200 million in investment into clean energy projects, reducing emissions and saving consumers money. Learn more here. Applications must be submitted […]

    Continue reading
  • Montgomery County Green Bank celebrates milestone energy efficiency project

    Last week, the Montgomery County Green Bank held an event to celebrate the completion of a milestone energy efficiency project, which enabled the installation of improvements to a large office building in Bethesda, Maryland. The project provides a clear example of how green banks can benefit private capital providers as well as the building’s owners, […]

    Continue reading
  • A green bank for Wisconsin? “Forward on Climate” bills are part of a Midwestern trend

    This week a group of Wisconsin state legislators introduced a new package of bills called “Forward on Climate,” which includes work towards the creation of a green bank for the state as one of the pillars of a broader climate agenda. The bills are part of an exciting wave of momentum in the Midwest towards […]

    Continue reading
  • Job Posting: Inaugural CEO of the DC Green Bank

    The DC Green Bank has reached an important milestone: the hiring of the institution’s inaugural CEO! They write: “The DC Green Bank seeks its inaugural Executive Director/Chief Executive Officer (CEO) to launch this cutting‐edge, mission‐driven organization. The Board of Directors welcomes applications from visionary, experienced, and resourceful leaders ready to roll up their sleeves and […]

    Continue reading
  • Consortium members comment: Reinvest transportation cap-and-trade proceeds through green bank financing to reduce emissions, support environmental justice

    Green banks have a long track record financing projects in the power and building sectors to reduce emissions, and some states have even used proceeds from power sector cap and trade programs to support such financing. Now, a group of green bank leaders say the same thing should be done for transportation. The Transportation and […]

    Continue reading
  • Florida Green Bank Wins Major Grant to Deliver Affordable Clean Energy and Resilient Housing in Florida

    The Florida-based Solar and Energy Loan Fund (SELF) has provided innovative and affordable financing for sustainable home and business improvements in 90 jurisdictions in Florida. Now, SELF, through the South Florida Housing Link Collaborative, will be able to reach an even wider base of customers as part of a $5 million affordable housing initiative financed […]

    Continue reading