Ecority Will Catalyze a National Network of Credit Unions and State-Chartered Green Banks to Deploy Clean Energy Projects Through the EPA Greenhouse Gas Reduction Fund
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Friday, November 3, 2023
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Ecority, a nonprofit coalition of credit unions and state-chartered green banks, has applied to the EPA-administered Greenhouse Gas Reduction Fund (GGRF).
Key Points:
- Ecority, a nonprofit coalition of credit unions and state-chartered green banks, has applied to the EPA-administered Greenhouse Gas Reduction Fund (GGRF).
- Ecority has previously encouraged EPA to cap pass-through charges for green banks to no more than administrative cost recovery.
- Ecority’s support of a national network of federally regulated, community-embedded lenders and state-chartered green banks assure local priorities will be aligned with access to the resources of GGRF.
- Through Ecority’s program, more households will have access to affordable financing resulting in more direct and immediate cost savings and GHG-reducing clean energy projects.