Coalition for Green Capital

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The Coalition for Green Capital (CGC) is a non-governmental organization founded by CEO Reed Hundt.[1] CGC works to advocate finance and tax policies that support long-term investment in energy efficiency and clean energy. CGC works on the international, national, and state level, and has had a role in the creation of many Green Banks.[2][3][4]


The group is an outgrowth of Reed Hundt and Kenneth Berlin's efforts with the Obama/Biden Transition Team to promote financing for clean energy and energy efficiency.[5] The CGC was involved in the drafting of Rep. Chris Van Hollen's "Green Bank Act of 2009" which was included in the "Waxman-Markey" bill that ultimately failed to pass in the 111th United States Congress. [6] After the failure of the "Waxman-Markey" bill, CGC focused its efforts on state-level legislation. The CGC was involved in the drafting and passing of legislation establishing the Connecticut Green Bank, formerly known as Connecticut's Clean Energy Finance and Investment Authority (CEFIA).[7] The Connecticut Green Bank, like other Green Banks across the world, uses public capital to leverage private investment in clean energy projects to facilitate a faster transition to a clean energy economy.

External links[edit]


  1. ^
  2. ^ Mark Muro, [1], The New Republic, June 28, 2011
  3. ^ Gloria Gonzalez, [2], Environmental Finance, June 9, 2011
  4. ^ Cutting the Cost of Clean Energy, [3], The Center for American Progress
  5. ^
  6. ^
  7. ^