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July 29, 2022 Manchin’s Climate Bill Includes $27 Billion for a Green Bank. Here’s Why That’s a Big Deal

Inside Climate News · Kristoffer Tigue · last updated

For 13 years, Reed Hundt has chased the idea of a national green bank, but to no avail. 

As CEO of the Coalition for Green Capital, a global incubator for green banks, Hundt has long believed in the green bank financial model of leveraging limited public resources to attract private investors for clean energy projects that governments have been reluctant or can’t afford to support by themselves.