[1] CGC partners with governments throughout the U.S. and abroad to design and launch green banks tailored to the specific needs of each market.
[3] The green bank concept was included in the Waxman-Markey climate change bill that passed the US House of Representatives in 2009.
However, climate change legislation was unable to pass the Senate, and the CGC turned its attention to creating a state-level green bank.
The CGC helped newly elected Governor Dannel Malloy (working closely with his newly appointed Commissioner of Energy and Environmental Protection, Dan Esty) re-purpose the Connecticut Clean Energy Fund to create the nation's first green bank.
[citation needed] CGC provided technical support for the Green Bank Act of 2016, which was introduced in the House by Congressman Chris Van Hollen (D-MD) on July 14, 2016, with seven co-sponsors.