Updated April 2021
The mission of DC Green Bank is to provide access to capital, growing the clean economy to develop a more equitable, resilient, and sustainable DC. We know that we cannot achieve what we cannot measure, and so we have developed and adopted Performance Targets that track our progress and measure our impact.
DC Green Bank (DCGB) envisions a thriving clean economy that contributes to economic growth and prosperity for all DC. DC Green Bank also aligns its investment strategy with DC’s climate plans, including the Sustainable DC 2.0 Plan and the goal to be carbon-free by 2050. In order to track our impact, each December DC Green Bank will publish its annual progress on the Performance Targets as adopted by the Board of Directors. The Performance Targets are organized around DC Green Bank’s core values of Clean Economy, Sustainability, and Inclusive Prosperity, as well as around financial stewardship and progress, including its contribution to DC’s market acceleration for clean energy and sustainability.
In March 2021, after a robust public comment process, the DC Green Bank Board of Directors adopted DCGB’s Performance Targets. Click below to view a PDF of our Performance Targets, to view the feedback received during the open public comment period as well as our responses, or to view the Performance Targets in a drop-down format.
It is mission critical for DC Green Bank both to establish its baseline in order to evaluate and share its year-over-year progress and overall impact. To ensure transparency and accountability in its work to accelerate the just transition to a clean economy, DC Green Bank Performance Targets will use a phased approach to operationalize and implement its Performance Targets. In Phase 1, DC Green Bank has identified priority metrics for which it will develop baseline measurements, relevant benchmarks and annual goals during its initial reporting and accountability cycle. In performing its phasing analysis, the DC Green Bank team considered existing resource capacity for data collection and analysis, interdependency (on related activities as well as third parties), activity and planning timeframes, current actionability, measurable outcomes and viable alternatives. Currently, DC Green Bank anticipates prioritizing the Performance Targets noted in the drop-down menu below in BLUE for Phase 1 implementation.