Groundswell Capital, Arizona’s first green bank, is named as a founding member of the U.S. Green Bank 50 (G-50), a newly launched national network of green banks dedicated to accelerating clean energy investments across the country. With nearly 50 green banks participating, G-50 will coordinate efforts to expand financing for renewable energy, energy efficiency, and climate resilience projects, with a particular focus on underserved communities.
Groundswell Capital’s inclusion in G-50 positions the organization to play a pivotal role in facilitating clean energy financing within Arizona. With this coalition membership, Groundswell Capital can leverage national expertise and resources to expand access to sustainable financing solutions for Arizona residents, particularly in low-income and historically marginalized communities.
As part of the G-50 coalition, Groundswell Capital will work to scale investments in renewable energy, energy efficiency, and other critical infrastructure projects that reduce greenhouse gas emissions and promote climate resilience. The U.S. Green Bank 50 network, launched during Climate Week NYC, will act as a hub for collaboration, knowledge-sharing, and coordinated investment to maximize the impact of federal programs like the Inflation Reduction Act (IRA).
Through this partnership, Groundswell Capital will be well positioned to support Arizona communities by offering affordable financing for clean energy initiatives, including financing for solar installations, green devleopment, and electric vehicle infrastructure.. G-50 aims to fill gaps in traditional financing and ensure that low-income and underrepresented communities are not left behind in the clean energy transition.
Learn more at www.groundswellcapital.org
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