American Green Bank Consortium’s Annual Industry Report

You can access the 2020 American Green Bank Consortium’s Annual Industry Report at no cost by clicking the image below. In total, the report finds that American Green Banks have caused $5.3 billion in clean energy investment since 2011, with $1.5 billion of this investment taking place in 2019. The green bank concept was first proposed in 2009, and there are now 15 green banks in the U.S. with more in development.

Green banks are dedicated finance institutions (often public entities or nonprofits) that use innovative financing to connect clean energy, resilience and climate-related projects with capital. The mobilization ratio (overall investment/green bank investment) of American green banks was 3.6 to 1 as of the end of calendar year 2019, meaning that every green bank dollar invested resulted in $3.60 of overall investment in the American clean energy economy.

The green bank impacts presented in this report are the result of information gathering performed by the Coalition for Green Capital (CGC). Key metrics were collected from the public reports issued by each green bank as well as direct information provided to CGC by various green banks upon request. Data is from calendar year 2019.