Open for business: Reed Hundt’s Coalition for Green Capital gets $5.1 billion for lending programs
If you’ve been following developments in green banking, you might remember the Inflation Reduction Act that was passed in August 2022. That landmark legislation opened the door for funding Reed Hundt’s Coalition for Green Capital. See “Reed Hundt’s Coalition For Green Capital Wins Major Victory,” April, 2024.
Well, the funding finally arrived last month. $5.1 billion dollars!
Reed has been passionately advocating for this initiative for over 15 years. It’s great to see a successful milestone achieved.