The $550 billion infrastructure package that moved through Congress last week stops short of President Biden's climate ambitions but could still have broad ramifications for the country's energy sector. From new funds for transmission critical to renewables, the measure could influence what type of power comes online and where — and shape politics heading into the 2022 midterm elections.

The U.S. Department of Energy continues to power the clean energy revolution among American small businesses and entrepreneurs with awards totaling $127 million to support 110 innovative projects – each focused on tackling the climate crisis by harnessing market-oriented solutions and emerging technologies.

After more than a decade of false starts and fine-tuning, advocates hope an Arlington restaurant's solar financing will represent an opening of the floodgates for Commercial Property Assessed Clean Energy (C-PACE) in the state. It's fitting that Arlington landed the initial project as it also led Virginia in passing a local C-PACE ordinance. The program got off the ground in 2018 under the Arlington Initiative to Rethink Energy.

Between 2016 and 2020, green, social, and sustainability bond issuance grew by an average of 72% a year in the United States, according to a report issued by the Climate Bonds Initiative. Green municipal bonds issued by local government authorities and state-backed government entities made up 23% of the total volume of annual issuance in the U.S.

The Connecticut Green Bank is marking ten years of its model successfully enabling progress towards its goal of confronting climate change by mobilizing private investment into the state's green economy. Over the last decade, the Green Bank and its partners have deployed nearly $2.3 billion in capital for clean energy projects across the state.

Against the backdrop of one of the most devastating global crisis in a century, it was fitting that the theme of the G7 summit last month was to ensure we "Build Back Better," enabling leaders to touch upon two subjects that are of grave concern: the Covid-19 pandemic and climate change.

A rooftop solar panel array that will soon be operational at McQuade's Ace Hardware is expected to save more than $1 million in electricity costs over 20 years. The store's owners say the power project, combined with a renovation of the facility, is ushering in a new era for the family-owned business. Good timing, relationships between local business owners, and a too-good-to-turn-down loan from the Rhode Infrastructure Bank all came together to make the project possible.

The first PACE project in Ottawa County, Quincy Place Senior Living, will break ground in the coming weeks. Through the program, the project was able to secure $8.5 million in financing for energy-efficient equipment and materials, which are expected to bring in more than $17 million in net savings over the next 25 years.

Intro Tax Credit Finance WebCourse
September 29-30, 2021 - Daily: 12:00 - 5:00 PM Eastern

CDFA-Bricker PACE Webinar Series: Best Practices for Marketing & Selling PACE Across All Market Sectors
Tuesday, September 29, 2021 - 2:00 PM - 4:00 PM Eastern

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Certain property and project types have not taken full advantage of PACE, however, during this workshop, we explored what is being done to advance the goals in these market areas.

These are the slides from the Coalition for Green Capital's virtual presentation, "The Case for the Clean Energy and Sustainability Accelerator".

In this publication, the Center for Community Investment uses six case studies of successful climate resilience investments to surface a set of common strategies that take aim at the systems underlying the inequitable distribution of risk. Together, these case studies point to the urgency of acting quickly, strategically, and creatively to design and finance equitable climate resilience before disaster strikes—again.

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