The Coalition for Green Capital (CGC) works to establish Green Banks on the state, federal, and international levels by conducting in-depth analyses, leading educational campaigns, and providing specialized consulting services. CGC is a 501(c)(3) nonprofit organization incorporated by the District of Columbia.
CGC is working in over a dozen states and countries, providing critical insights and best practices that can help transform local clean energy markets through Green Banks.
Over the last 10 years CGC has expanded its capabilities and staff, earning a reputation as a leading Green Bank expert internationally. CGC’s work began in 2009, working to create a federal Green Bank in the United States. This legislation was advanced with bi-partisan support in both chambers of Congress. Although the bill passed the House of Representatives, it failed to pass in the Senate as a part of the Comprehensive State Energy Bill in the 111th Congress. CGC turned to the states, America’s laboratories for democracy, and soon started working in Connecticut.
With CGC’s leadership and technical support, Connecticut created the first state Green Bank in the U.S. with near unanimous bi-partisan support. CGC then followed that with work in New York, Hawaii, California, Maryland and many other states supporting Green Bank design and implementation.
CGC is working international on a number of Green Bank projects: in 2018 CGC worked with local stakeholders to design, raise capital and ultimately launch the first Green Bank in emerging markets— the Climate Finance Facility– based in South Africa, and supported by the Green Climate Fund. CGC is working on a number of other Green Bank scoping and design projects in Latin America and Southeast Asia.
The Natural Resources Defense Council (NRDC) works to safeguard the earth—its people, its plants and animals, and the natural systems on which all life depends. NRDC combines the power of more than two million members and online activists with the expertise of some 500 scientists, lawyers, and policy advocates across the globe to ensure the rights of all people to the air, the water, and the wild.
Within NRDC, the Center for Market Innovation (CMI) is accelerating the shift to a greener, more prosperous economy that benefits everyone. We aim to implement new approaches to finance and investment that offer strong profit potential and increased opportunity for people of all income levels. Our experts collaborate with private- and public-sector leaders to accelerate the adoption of more resilient, inclusive, and efficient investment models.
Many Americans share the concern that business-as-usual is limiting human progress and taking a dangerous toll on vital ecosystems. In response, we need to replace old tools and frameworks with fresh solutions that allow people to thrive, supported by a healthy base of natural resources. CMI does this by piloting strategies and taking them to scale using demonstration projects and financing tools that help boost profits while making markets greener and more accessible.
CMI focuses on food, water, shelter, and energy, as these are the building blocks of life and hold the greatest potential for transformative environmental market opportunity. We bring a deep understanding of the underlying dynamics of each market area and the synergies among them. Our work covers everything from green banks, green bonds, better beef, and sustainable regional food systems to energy efficient apartments, distributed energy resources, and green infrastructure. By applying our technical expertise and cultivating strategic relationships, we are helping to create smarter solutions.