For over a decade, the Coalition for Green Capital has led the Green Bank movement, working at the federal, state, and local levels in the U.S. and countries around the world to unlock capital and empower communities to embrace a greener future. This work has led to the creation of the first U.S. national green bank and billions toward clean energy adoption.
We accelerate investments in the clean economy to reduce emissions and improve the quality of life for all Americans. By leveraging both public and private partnerships and the power of responsive financing, our network works to remove barriers to clean technology and increase energy abundance by, for, and with communities.
Together, we can accelerate the deployment of clean energy technology throughout the US while maintaining a targeted focus on low-income and disadvantaged communities.
The U.S. EPA took a big step toward a greener future by capitalizing the first US national green bank through the Greenhouse Gas Reduction Fund (GGRF).
The EPA selected the Coalition for Green Capital for an award of $5 billion to capitalize a national green bank under The National Clean Investment Fund competition and $125 million under Solar for All to establish green banks and accelerate the development of solar in North and South Dakota.
Through strategic partnerships and innovative financing, our national green bank will create a clean energy finance ecosystem that will fill critical market gaps and maximize the impact of every public dollar invested to achieve the nation’s climate goals for many years to come.
Our team is currently preparing to expand the clean and cheap power platform in every household and business across the country. Learn more about our project criteria and submit a proposal by following the link to the submission form below.
To accomplish a rapid and just transition to a clean economy, America needs a massive mobilization of capital investment catalyzed by innovative public-private financing in every community. This is why CGC’s national green bank will work to maximize the impact of every public dollar invested by selecting projects that are high-impact, highly recyclable, and have a high capital mobilization ratio. This means more private capital mobilized and greater amounts of emissions of greenhouse gasses (GHGs) and other air pollutants being reduced or eliminated.
CGC aims to mobilize private investment at a rate of 9 to 14 times the initial GGRF investment after seven years. This means we will transform the $5 billion NCIF award into $40 to $69 billion in combined public-private investment in clean energy projects.
By 2035, our investments will reduce and eliminate 241 million metric tons of GHG emissions, strengthening our ability to fight back against climate change.
CGC plans to ensure that at least 50% of all investments in qualified projects across the 10 EPA regions occur in low-income and disadvantaged communities (LIDACs).
Over 7 years, our investments in clean energy projects are projected to create 1.5 million new jobs and help Americans save more than $59 billion in energy-related costs.
CGC will support the expansion of state and local Green Banks across the country to ensure that all communities have access to capital that can benefit their communities.
The CGC Network consists of partners with extensive track records of leveraging billions of public dollars to increase private capital investments throughout all 10 EPA Regions. These partnerships will ensure that CGC can transform markets and drive the adoption of Priority Projects in every LIDAC in the country, as well as rural and Tribal communities.
To prove the effectiveness of public-private partnerships and demonstrate the need for a national green bank, CGC has spent decades creating green banks across the US, building critical partnerships, and mobilizing billions toward clean energy adoption.
Our proven track record in clean energy acceleration and collaboration has demonstrated that we are instrumental in driving the transition toward clean energy and environmental justice.
The American Green Bank Consortium (AGBC) is an ever-expanding “green tent” consisting of green banks, developers, community benefit organizations, and community lenders working to deliver more clean energy projects because a just transition requires an unprecedented level of collaboration.
The cumulative public-private investment caused by the CGC network since 2011.
We developed a pipeline of qualified projects with a demand exceeding $30 billion of public capital with more than half of those projects located in low-income and disadvantaged communities.
Over the years, CGC has supported or created over 40 green banks, and the cumulative public-private investment facilitated by CGC’s expansive network of green banks and partners now stands at $25.4 billion, proving the effectiveness of public-private partnerships in driving clean energy development.
Our people unite extensive experience across finance, business, climate, and energy policy. Together, we are ready to reduce greenhouse gas emissions and other air pollutants, at the scale needed to address the climate crisis.