Scaling clean energy investment to power real community benefits
Green Banks make it happen
The Green Bank membership organization, founded and led by state, local, and regional Green Banks to accelerate clean energy investment in American communities. The GB 50 empowers member Green Banks to drive economic, health, and environmental benefits for people across the country.
The U.S. Green Bank 50
Photo: Connecticut Green Bank, Holy Cross High School Nationwide collaboration to maximize local impact
The GB 50 empowers Green Banks by providing shared resources, technical assistance services, peer networking opportunities, best-practice sharing, and collaboration in raising capital.
Photo: New Mexico Climate Investment Center, Bidii baby corn fieldFounded and led by member Green Banks
The nation’s state, local, and regional Green Banks came together to found the GB 50 — the membership organization purpose-built to rapidly advance and scale the green banking industry.
Photo: NYCEEC, Rooftop Solar PVLowering costs, creating jobs, and growing local economies
Green Banks invest in projects that lower energy costs, drive local economic growth, and reduce pollution across the country, with a focus on low-income, energy-burdened, rural, tribal, and disadvantaged communities.
The GB 50 serves its members by creating jobs, boosting local economies, reducing pollution, and making clean energy accessible to all.
Our Mission
The US Green Bank 50 (the GB 50) is the member-founded and member-driven coalition of Green Banks across the United States. The GB 50 supports regional, state, and local mission-driven Green Banks that provide financing and technical assistance for clean energy and climate solutions. GB 50 empowers member Green Banks to accelerate clean energy project development that drives economic, health, and environmental benefits for communities across the country.
Green Banks provide both financing and technical assistance to help communities build clean energy projects.
Green Bank investments leverage private capital, build and transform clean energy markets, and result in a faster, more equitable deployment of clean energy solutions.
Green Banks invest over $10 billion per year into communities across the country.
For a nascent green bank with limited funding and a very small team, flexible operating support is rare and incredibly important. GB 50’s Strategic Development Fund’s $50,000 operating grant covered essential costs at a critical moment, which let us redirect our limited initial state funds to provide a partial loan guarantee for a solar project on a school in rural eastern Washington.
Having a real transaction to point to changes our conversations with legislators as we make the case for capitalizing the bank: we can show what a green bank does, not just describe it. A modest operating grant allows us to demonstrate the green bank model!
Eli Lieberman - Executive DirectorWashington Builds (fka Washington State Green Bank)The GB 50’s Activities
The GB 50 serves its members in creating jobs, boosting local economies, reducing pollution, and making clean energy accessible to all.
Attract and raise capital for clean energy investment.
Provide services to maximize the efficiency and impact of Green Banks’ investments.
Stand strong for the mission of green banking. 