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Home » Issues » Polling (BANKS -- BANKS -- GREEN BANKS)

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)

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.

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Poll Opening Date

December 6, 2021

Poll Closing Date

December 12, 2021

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