The Clean Energy Group and the Council of Development Finance Agencies have announced creation of the Clean Energy + Bond Finance Initiative (CE+BFI), a partnership to advance clean energy through bond financing institutions. CE+BFI will work with institutional investors, public finance agencies, and public clean energy fund managers to increase clean energy investment by $5 to $20 billion over the next five years.
CE+BFI will immediately begin to identify opportunities and barriers for clean energy bonds. The initiative will then look to launch pilot partnerships to finance clean energy projects in six to eight states and localities.
Source: Lewis Milford (Clean Energy Group) and Toby Rittner, Council of Redevelopment Finance Agencies) Huffington Post, August 2, 2012.