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Green bank

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Green bank

financial institution that invests in clean energy

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About Green bank

A green bank (sometimes referred to as green investment bank, clean energy finance authority, or clean energy finance corporation) is a financial institution, typically public or quasi-public, that uses innovative financing techniques and market development tools in partnership with the private sector to accelerate deployment of clean energy technologies. Green banks use public funds to leverage private investment in clean energy technologies that, despite being commercially viable, have struggled to establish a widespread presence in consumer markets. Green banks seek to reduce energy costs for ratepayers, stimulate private sector investment and economic activity, and expedite the transition to a low-carbon economy.

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Facts from Wikidata (CC0).

Not who you're looking for? Others named Green bank: census designated place in West Virginia, USA · unincorporated community in New Jersey, United States · commercial bank in Texas

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