https://wikidelphia.org/index.php?action=history&feed=atom&title=A_Public_Bank_as_a_Green_BankA Public Bank as a Green Bank - Revision history2026-07-26T19:42:51ZRevision history for this page on the wikiMediaWiki 1.45.1https://wikidelphia.org/index.php?title=A_Public_Bank_as_a_Green_Bank&diff=64033&oldid=prevStan at 02:02, 7 October 20202020-10-07T02:02:50Z<p></p>
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</table>Stanhttps://wikidelphia.org/index.php?title=A_Public_Bank_as_a_Green_Bank&diff=64030&oldid=prevStan: Created page with "'''RE/EE''' '''Issue: Rapidly adopt renewable energy and energy efficiency technology.''' Coordinated implementation of technologies for renewable energy and ene..."2020-10-07T01:58:09Z<p>Created page with "'''RE/EE''' '''Issue: Rapidly adopt renewable energy and energy efficiency technology.''' Coordinated implementation of technologies for renewable energy and ene..."</p>
<p><b>New page</b></p><div>'''RE/EE''' <br />
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'''Issue: Rapidly adopt renewable energy and energy efficiency technology.'''<br />
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Coordinated implementation of technologies for renewable energy and energy efficiency (RE/EE) can create jobs and support economic development while providing energy that is cleaner, more reliable, and less expensive.<br />
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'''Need: Increase and coordinate private capital flow to develop the green economy.'''<br />
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The City should assure the availability of financing for both public and private RE/EE projects that are in the public interest. To build financing capacity, the City should leverage its resources by engaging private investors.<br />
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Development of a RE/EE-powered economy requires planning and coordination. To expedite expansion of PV solar installation, for example, a pipeline for worker training, subsequent employment, installation company operating capacity, and consistent project flow must be ramped up; and each aspect of that pipeline requires available financing.<br />
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'''Solution: Create a Philadelphia Public Bank to function as a Green Bank.'''<br />
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In conjunction with the Philadelphia Energy Authority, a Philadelphia Public Bank can work with private-sector investors to provide low-cost, long-term, sustainable financing for programs and specific projects that develop the RE/EE economy. The PPB could help to nurture a green impact ecosystem within the City and develop a portfolio of RE/EE and other sustainability investments across the public and private sectors.<br />
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The PPB could also issue green bonds and/or climate bonds, financial instruments applied for RE/EE, climate-related, and/or environment-sustaining projects. The proceeds of such bonds would provide a pool of capital that, with or without partner banks and/or investors, could build and maintain momentum for development of a green economy. <br />
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The Connecticut Green Bank provides a model for accelerating the growth of RE/EE technology implementation in the residential, commercial, industrial, institutional, and infrastructure sectors of the economy.</div>Stan