Washington, DC— The Coalition for Green Capital (CGC) has elected Marla Blow to the organization’s board of directors. Blow currently serves as the President and COO of the Skoll Foundation and previously was the North America lead at the Mastercard Center for Inclusive Growth.
“We’re excited to welcome Marla Blow to the CGC Board of Directors,” said Reed Hundt, Chairman of the Board. “Ms. Blow is widely recognized as a leading executive in the finance industry and brings significant experience in economic inclusion in both the public and private sectors. We look forward to Ms. Blow helping us quickly and effectively bring green investments to communities across the country.”
The announcement comes weeks after passage of the Inflation Reduction Act, which dedicates funds to establish a single, national green bank. CGC has been advocating for such a national green bank for the last 13 years and works with a network of 23 state and local green banks across 17 states. This network of green banks has already catalyzed nearly $9 billion in green projects and has identified a collective backlog of $21 billion in future projects to reduce greenhouse gas emissions. With a commitment to direct at least $8 billion to low-income and disadvantaged communities, the green bank model allows for unique financing and lending tools that will quickly expand access to affordable clean energy.
Background on Marla Blow
Marla Blow is the President and COO of the Skoll Foundation, an organization that seeks to catalyze transformational social change by investing in, connecting, and championing social entrepreneurs and other social innovators who together advance bold and equitable solutions to the world’s most pressing problems. Previously, she was North America lead at the Mastercard Center for Inclusive Growth, and was Founder and CEO of FS Card Inc., a subprime credit card venture (sold to strategic acquirer).
Marla is long-tenured in financial services with experience as an executive, a Federal regulator, an entrepreneur, an angel investor, and public and private board service. Ms. Blow won the EY Mid Atlantic Emerging Company Entrepreneur of the Year Award for 2018, and she is a Henry Crown Fellow as part of the Aspen Global Leadership Network. Marla sits on the Board of Etsy, and on the Board of Square Financial Services, an independent subsidiary of Block Inc. Ms. Blow holds an MBA from Stanford University’s Graduate School of Business and received her BS in Economics from the Wharton School at the University of Pennsylvania.