Following a few foundational principles, green banks can boost financing for climate priorities while remaining financially viable and not creating housing debt owners can’t repay.
Battery storage developer NineDot Energy has secured $25 million in financing from New York Green Bank, a state-sponsored investment fund, toward more than doubling its project footprint.
Retrofitting apartment buildings for energy efficiency and solar power has the potential to boost affordable housing and climate protection at the same time.
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