A green bank leverages limited amounts of public funding to attract greater private investment in clean energy.  Green banks are usually public or quasi-public financial institutions.  They support clean, low-carbon energy generation or energy efficiency projects.  Examples of ways green banks amplify public dollars include offering financing guarantees or credit enhancements, creating new financial products, and reducing market barriers and inefficiencies.  The Connecticut, New York, and Hawaii green banks are each designing clean energy financing solutions to fit their particular markets and geographies.

 

Featured Resources

 

BlueArrow Energy Innovation “State Green Banks for Clean Energy” – Working paper authored by Hallie Kennan

GreenArrow Brookings-Rockefeller Paper “State Clean Energy Finance Banks: New Investment Facilities for Clean Energy Deployment” A green bank overview authored by Berlin, Hundt, Muro, & Saha

OrangeArrow Green Banks, a Safe Bet Blog post by Lisa Pellegrino and Wesley Holmes from SEEA, originally published on April 22nd, 2015

BlueArrow Yale Webinar on The Federal Green Bank Act of 2014 Featuring: Bill Parsons, Chief of Staff to Congressman Chris Van Hollen (D-MD); Reed E. Hundt (YC, ’69, Law ’74), Coalition for Green Capital

GreenArrow Yale School of Management Green Bank Panel video – Featuring Daniel Esty, Richard Kauffman, and Catherine Smith from May 1st, 2014

OrangeArrow State Green Bank Model Legislation – This document is a model of a state-level green bank.

BlueArrow State Green Bank Model Corporation – This document offers a template for a state-level green bank corporation.

 

Program Examples

 

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