The Department of Energy and Environment (DOEE) and DC Green Bank led a District-wide application for funds under the Environmental Protection Agency’s (EPA) Solar for All Program and we are pleased to announce that DC will be receiving $62.45 million to deploy solar and battery storage projects in low-income and…
Read MoreDC Green Bank and partners delivered $3.3 million in financial support for the new construction of an affordable housing development in Ward 8 and energy efficiency and renewable energy upgrades for a building in Ward 7. In addition to a $3 million construction loan from DC Green Bank, a $300,000…
Read MoreToday, the US Environmental Protection Agency (EPA) is announcing its selections for $20 billion in grant awards under two competitions within the historic $27 billion Greenhouse Gas Reduction Fund. These dollars will transform communities across the country, and our team is ready to leverage these resources and put them to…
Read MoreThe Nicholas Institute for Energy, Environment, and Sustainability at Duke University recently delivered a series of case studies to illustrate past or ongoing projects that have used a variety of financial mechanisms to finance a nature-based solution. Each case study describes the context, the nature-based solution applied, the financial mechanism…
Read MoreThe DC Sustainable Energy Utility (DCSEU) is a strategic partner of DC Green Bank, which aims to save District residents, businesses, and institutions money and energy through a variety of programs. Twice a year, the DCSEU offers a five-month PAID externship where DC residents are given the opportunity to receive…
Read MoreIf you are wondering who DC Green Bank’s clients are, what impact they create in communities, and how bright the future is for the Clean Economy in the District – look no further. We are proud of the investments that we make and the impact they deliver. Learn more below…
Read MoreNRDC – Carolina Herrera, Sarah Dougherty, and Douglass Sims The passage of the Inflation Reduction Act (IRA) is a long-overdue step toward establishing a national green bank that will unleash tens of billions of public and private dollars for investment in clean energy and climate-resilient infrastructure in underserved communities. In…
Read More(Washington, D.C.) – Today, President Joseph R. Biden signed the historic Inflation Reduction Act. This legislation is a landmark achievement on the road to a cleaner, more equitable, and more prosperous future for all. The Act is a downpayment towards meeting the necessary emissions reductions to avoid the worst impacts…
Read MoreJust this past week, the World Meteorological Organization (WMO) released their State of the Global Climate report. The news was sobering as to be expected. The report found that in 2021, the world broke records for greenhouse gas concentrations, and our oceans are warmer and more acidic than ever. Today…
Read MoreBuilding a clean future cannot wait. That is why DC Green Bank has been in discussions with Councilmember Mary Cheh, Chair of the Committee on Transportation and the Environment, and her staff to clarify the Green Finance Authority Establishment Act of 2018 as it relates to equitable investments in a…
Read MoreThe Importance of Green Finance for the District Eli Hopson and Brandi Colander Green banks are a new concept for many in our community and across the nation. However, states and municipalities around the country have been creating these institutions for over a decade, beginning with the state of Connecticut’s green bank in 2011. Under…
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