˜yÐÄvlog

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green bank

[ green bangk ]

noun

  1. a public, semipublic, or nonprofit financing organization that is dedicated to investing in projects intended to help the environment, such as renewable energy or carbon reduction.


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˜yÐÄvlog History and Origins

Origin of green bank1

First recorded in 1990–95, for an earlier sense; 2005–10, for the current sense
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Example Sentences

Examples have not been reviewed.

The awards came from the Solar for All program, part of the $27 billion “green bank†created as part of a sweeping climate law passed in 2022.

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The taxpayer-funded green bank has faced Republican opposition and concerns over accountability for how the money gets used.

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The Democrat first introduced legislation to create a national green bank 15 years ago.

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But the taxpayer-funded green bank has also faced opposition, notably from Republicans in Congress, who have called it a “slush fund†and voiced concern over accountability and transparency on how the money is used.

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At the state level, Connecticut’s Green Bank and others have been successful in tracking the impact of their programs.

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