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The DC Green Bank will accelerate the deployment of clean energy, energy efficiency, and resilient design, while leveraging private investment.
On July 10, 2018, Mayor Bowser signed the District of Columbia Green Finance Authority Establishment Act of 2018, officially making Washington, DC the first city in the United States to establish the DC Green Bank.
The DC Green Bank is an innovative policy tool that will use public purpose funding to attract private investment. Our goal is to expand renewable energy, lower energy costs, reduce greenhouse gas emissions, create green jobs, and enhance resilience.
The DC Green Bank will be a finance tool that can be used by residents or businesses to do more sustainable projects, that normally would not get done. A Green Bank would provide that service by offering loans & leases, credit enhancements and other financing services to close funding gaps for clean energy projects and energy efficiency improvement.