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[Webinar] Green Finance Is Infrastructure: The $100 Billion Opportunity for Green Banks - June 2nd, 12:00 pm - 1:00 pm EDT | Womble Bond Dickinson

With ambitious climate, energy, and sustainability commitments emerging at the national and local levels in the United States, substantial investment will be required to meet this. ....

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The Brief: VC for African entrepreneurs, decarbonizing cement, solid-state batteries, grading Biden's first 100 days, ESG policy shifts

The Brief: VC for African entrepreneurs, decarbonizing cement, solid-state batteries, grading Biden's first 100 days, ESG policy shifts
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Loan Fund Launched For Nonprofits' Green Building Upgrades

Loan Fund Launched For Nonprofits’ Green Building Upgrades
March 15, 2021
DC Green Bank, a Washington, D.C.-based program that promotes sustainable infrastructure, has launched a loan program that supports energy-saving work within the District.
The new program, Navigator, provides pre-development loans for community-based nonprofit organization buildings, commercial buildings, and multifamily or mixed-use properties with five or more residential units. The loans cover sustainable energy-saving projects such as bidding work, design, energy audits and benchmarking, engineering environmental-based planning meetings and other design costs.
“Through our engagement with District residents, contractors, developers, property owners, engineers and beyond, we have identified pre-development loans as a crucial missing piece in the city’s clean energy puzzle,” DC Green Bank CEO Eli Hopson said via a statement. ....

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Green banks, explained

(Next City ) March 4, 2021
Solar panels are among the projects green banks could fund. Image by Jose G. Ortega Castro on Unsplash
A version of this article first appeared in Next City.
If you’ve ever looked at an electrical bill in New York or Connecticut, you may have noticed the vague-sounding “system benefit charge.” Right now in New York, it’s 0.5238 cents per kilowatt-hour for a $60 electric bill, all other taxes and fees included, the system benefit charge comes out to 77 cents. In Connecticut it hovers between $7-$10 a year per household.
Some, if not most, of those dollars end up in the state’s green bank. Only a few states and localities have a green bank, and not all of them are funded the same way. They’re not banks in the depository sense they don’t offer checking or savings accounts. Instead, they’re state-sponsored entities that use their dedicated funding sources to make loans, provide credit enhancements or use other financial ....

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What Is a Green Bank?

Why this little-known concept could be the key to financing the green future. ....

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