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This report aims to determine the need, viability and pathway for a Green Bank to be formed in Massachusetts. It is meant to elucidate clean energy market conditions in Massachusetts, specifically with regard to financing clean energy projects, and to identify various market gaps and needs that could be filled with a Green Bank. This report is also meant to provide clarity to the many market actors and stakeholders in Massachusetts that are interested in the creation of a Massachusetts Green Bank. October 2017.
The Connecticut Green Bank was established by the Connecticut General Assembly in 2011 as the nation’s first green bank and has since supported the creation of more than 26,000 green energy jobs in the state while reducing the energy cost burden on over 66,000 families, businesses, and nonprofits.
This second report, prepared in partnership with the Nature Conservancy, provides specific recommendations for financing structures, institutions, products, and activities in Pennsylvania that could help fill market gaps and spur more clean energy deployment. July 2017.
CGC conducted this scoping effort to identify how the Green Bank model could be implemented in emerging markets to complement existing efforts to meet Nationally Determined Contributions (NDCs) and achieve national climate goals. To inform the work, CGC conducted a series of interviews and a stakeholder work-session with more than 100 representatives of development financial institutions, national development banks, developing country representatives, existing Green Banks, capital providers, climate funds, thought leaders, government officials and others from the climate finance community. July 2017.
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