Clean Energy Works
For General Operating Support
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Amount$400,000
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Program
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Date Awarded6/26/2019
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Term24.0 Months
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Type of SupportGeneral Support/Organization
Overview
Clean Energy Works was formed as one of the first winners of the Climate Breakthrough Project. The organization aims to translate a financing method commonly employed by electric utilities to promote energy efficiency to accelerate the uptake of electric vehicles. The financing concept, called Pay As You Save (PAYS), was endorsed by the Global Innovation Lab for Climate Finance in 2018. Clean Energy Works is working to implement the PAYS model to help cities procure electric buses. Within three years, the organization plans to mobilize $1 billion for 4,000 electric buses in 50 cities.
About the Grantee
Grantee Website
www.cleanenergyworks.org
Address
1666 Connecticut Ave NW Ste 100, Washington, DC, 20009, United States
Grants to this Grantee
for IT planning
Founded in 2014, Clean Energy Works aims to accelerate equitable investments in the clean energy economy. This Organizational Effectiveness grant supports the organization's efforts to work with an IT service provider.
for general operating support
Clean Energy Works advances investment in cost-effective distributed clean-power solutions that benefit all. It develops and implements innovative finance solutions to accelerate transportation and building electrification in several countries. (Substrategy: Electrification)
for organizational planning
Clean Energy Works is a current grantee of the Climate Initiative's Transport Electrification substrategy working on increasing the financial role of power utilities in advancing transport electrification. With this organizational effectiveness grant, they will establish themselves as an organization with employees and other back office services. The consultant they hire will work with their Executive Director and the Board to design an organizational structure and provide assistance for the transition.
