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Causes: Energy Resources Conservation & Development, Environment
Mission: To educate the general public, for-profit and not-for-profit organizations, and governmental authorities regarding the need for long-term, low-cost financing of clean energy and energy efficiency projects and how to achieve such financing.
Programs: Green bank education cgc spends a significant portion of its time educating key market participants and policymakers on the concept of green banks and their benefits. Cgc produces economic models, white papers and other materials to describe how green banks work, how they can be created, how they benefit consumers and government, and what success they have achieved in certain markets. Cgc delivers this educational content through meetings, phone calls and conferences. This material is primarily targeted to state government policy makers, clean energy advocates, clean energy industry associations, and other market participants. The purpose of these educational activities is to raise awareness and understanding of green bank principles in order to increase support of implementing green bank policies.
green bank creation and consulting cgc provides pro bono consulting services to governments interested in creating state green banks. This activity resembles traditional management consulting, where states look to cgc's green bank content expertise to help them define their new institution, its financing activities, its governance and its process for creation. These engagements may last for several months or longer. Cgc staff spends a significant amount of time in-state, meeting with policymakers and stakeholders to identify the critical tools a green bank will need to have and the organizational methods best suited to that state's needs.
green bank product development cgc develops clean energy financing concepts and market development solutions in-house, which are then shared and meant to be deployed by operating green banks. This includes new approaches to deploying electric vehicle charging station networks, designing renewable energy credit financing structures, and clean energy solutions specifically tailored for the low-to-middle income market segment. The purpose of this development is to both build on cgc's internal knowledge of green bank best practices and to offer tangible product solutions to states considering the creation of a green bank. This work involves research, market interviews and economic modelling. Combination of foundation support and contracts awarded by government.