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green bank
[ green bangk ]
noun
- 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.
˜yÐÄvlog History and Origins
Origin of green bank1
Example Sentences
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.
The taxpayer-funded green bank has faced Republican opposition and concerns over accountability for how the money gets used.
The Democrat first introduced legislation to create a national green bank 15 years ago.
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.
At the state level, Connecticut’s Green Bank and others have been successful in tracking the impact of their programs.
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