Partners & Projects

Coalition for Green Capital

Geographic Focus:
United States

Grant Amount:

The Project

The Coalition for Green Capital will partner with a network of green banks, community development financial institutions (CDFIs), credit unions, and minority deposit institutions (MDIs) to establish a national green bank and national distribution network to receive funds and use from the Greenhouse Gas Reduction Fund, for the express purpose of financing the rapid adoption of cost-saving clean energy solutions in low- and moderate-income communities.

Value and Outcomes

The effort by the Coalition for Green Capital is action-oriented and aims to create systemic change. It would effectively create a national green bank, helping implement the $27 billion clean energy technology accelerator that was part of the Inflation Reduction Act. This will enable effective, ongoing infrastructure for both climate mitigation and climate justice. This work hopes to support the establishment of new green banks while also channeling capital to CDFIs and community development credit unions and providing additional capacity for MDIs and community banks. 

For more information on Coalition for Green Capital, visit their website.

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