CE+BFI examines Qualified 501(c)(3) bonds as a mechanism for communities with 501(c)(3) organizations seeking to undertake significant clean energy projects.
Clean Energy Group, the Brookings Institution and the Council of Development Finance Agencies have just released a new paper on a powerful but underutilized tool for future clean energy investment: state and local bond finance.
NYSERDA recently issued bonds through a highly innovative structure to finance and refinance loans under the Green Jobs-Green New York program. This bond issuance marks a monumental accomplishment for the clean energy and bond finance industries.
This paper identifies several financing strategies at the state and municipal level that can be adapted and implemented to accelerate the clean energy finance revolution in other states and cities, and at the federal level.
The objective of the Clean Energy + Bond Finance Initiative (CE+BFI) is to define and implement a new role for development finance in clean energy federalism, a potential game changer for scaling up clean energy capital in the country.