Trustee Elections
Home » Issues » Trustees (BANKS -- BANKS -- GREEN BANKS)
These are the original issues in this subcategory
  • MINORITY BANKS
  • BANK BAILOUTS
  • GREEN BANKS
Winning Issue » GREEN BANKS


In order to deliver on the climate pledges made by world leaders to the United Nations, $13.5 trillion must be invested in energy efficiency and low-carbon technologies between 2015 and 2030, or about $840 billion annually. A Green Bank is a publicly capitalized entity established specifically to facilitate private investment into domestic low carbon, climate resilient infrastructure and other green sectors such as water and waste management. They prioritize deploying clean energy over maximizing profits and use innovative private financing to accelerate the transition to clean energy and fight climate change.

Pending Legislation: S.283 - National Climate Bank Act
Sponsor: Sen. Edward Markey (MA)
Status: Senate Subcommittee on Clean Air, Climate, and Nuclear Safety (Environment and Public Works)
Chair: Sen. Edward Markey (MA)



Options


  • I oppose reforming current Green Bank policy and wish to donate resources to the campaign committee of Leader Charles Schumer (NY).
  • I support establishing and capitalizing a National Climate Ban - an independent, nonprofit bank that must invest in clean energy technologies and infrastructure to reduce greenhouse gas emissions by (among other things):

    1.) Facilitating affordable investment and procurement, including in low-income communities and communities of color, in key project areas (e.g., renewable energy or climate resiliency measures).

    2.) Supporting the creation of new green banks by states or other political subdivisions. The new banks must be public or nonprofit specialized finance entities that use finance tools to mitigate climate change. The national bank may provide financing for such entities.

    And wish to donate resources to the campaign committee Sen. Edward Markey (MA) and/or to an advocate group currently working with this issue.


Winning Option
  • I support establishing and capitalizing a National Climate Ban - an independent, nonprofit bank that must invest in clean energy technologies and infrastructure to reduce greenhouse gas emissions by (among other things):

    1.) Facilitating affordable investment and procurement, including in low-income communities and communities of color, in key project areas (e.g., renewable energy or climate resiliency measures).

    2.) Supporting the creation of new green banks by states or other political subdivisions. The new banks must be public or nonprofit specialized finance entities that use finance tools to mitigate climate change. The national bank may provide financing for such entities.

    And wish to donate resources to the campaign committee Sen. Edward Markey (MA) and/or to an advocate group currently working with this issue.
There has been $0.00 pledged in support of this issue
Trustee Candidates

If elected as a trustee, the campaign committee of Sen. Edward Markey (MA) will be unconditionally awarded the funds pledged to this issue along with a letter requesting him to favorably consider passing S.283 - National Climate Bank Act.

If elected as a trustee, Green Bank Network will be awarded the funds pledged to this issue along with a letter requesting these funds be used to promote the formation of new Green Banks.

About: The Green Bank Network (GBN) is a membership organization formed to foster collaboration and knowledge exchange among existing Green Banks, enabling them to share best practices and lessons learned. The GBN also aims to serve as a source of knowledge and a network for jurisdictions that seek to establish a Green Bank. The Green Bank Network will collect, organize and share Green Bank know-how through virtual and in-person platforms to facilitate the exchange of information.
To participate in the Trustee Election you must first pledge support to this issue.
Click here if you wish to make a pledge.
Trustee Election - Opening Date
July 26, 2021
Trustee Election - Closing Date
August 2, 2021