Coalition for Green Capital

The mission of the Coalition for Green Capital is to accelerate the transition to clean energy by facilitating green banking, thereby spurring greater investment into renewables, energy efficiency, and clean transportation. This grant will support activities designed to transform clean energy and sustainable infrastructure markets in the U.S., and support learning and coordination among its membership consortium.

The Coalition for Green Capital works with states to identify obstacles to clean energy market growth and helps set up financial mechanisms that deploy financing for renewable energy and energy efficiency projects. This grant will provide general operating support to the organization for carrying out its core functions, including helping states develop "green banks," institutions that provide low-cost, long-term financing support to low-carbon projects, leveraging public funds to attract private investment.

This grant to Coalition for Green Capital (CGC) for general operating support will help the organization further its mission to halt climate change by accelerating investment in clean energy technologies. CGC plans to achieve this by advocating for, creating, and implementing Green Bank finance institutions. Green Banks are a proven finance model that uses public and philanthropic funds to mobilize private investment in renewable energy, energy efficiency, and other decarbonization technologies. Through the advancement of this work, CGC is helping to move countries around the world at the federal, state, and local levels toward meeting the commitments of the Paris Agreement. (Substrategy: Multilateral)