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June 8, 2021
The Environmental and Energy Study Institute (EESI) invites you view our briefing on how a national climate bank could deploy capital at scale to advance climate change solutions. Over 20 green banks currently exist in the United States, providing flexible and affordable financing for a wide range of clean energy projects that lower emissions and boost climate resilience. Because of their unique, mission-driven mandates to address social and environmental issues, these entities are well-positioned to provide targeted investments in rural areas, low- and moderate-income communities, and communities of color that are disproportionately affected by polluting facilities and climate change impacts and are often unable to access traditional funding sources.
This briefing explored the climate mitigation and adaptation benefits that would be unlocked by a national climate bank, building upon the experiences of successful green banks across the country. Panelists discussed how these investments would also create jobs and make climate solutions more affordable, accessible, and equitable.
Jeffrey Schub, Executive Director, Coalition for Green Capital
Bryan Garcia, President and CEO, Connecticut Green Bank
Duanne Andrade, Chief Financial Officer, Solar Energy Loan Fund (SELF)
Brittany Heller, Workforce & Community Engagement Manager, GRID Alternatives Colorado
Q&A
Q: How do you provide services to underserved communities, communities of color, and low- and moderate-income (LMI) households? How would that increase with a National Climate Bank?
How do you work with existing federal, state, and local stakeholders, including the private sector, to provide clean energy investments?
What are your thoughts on the nexus of green banks, the Department of Agriculture’s (USDA) Rural Energy Savings Program (RESP), and on-bill financing?
Highlights compiled by Anna Sophia Roberts