In 2021, the Illinois Finance Authority was designated the State’s Climate Bank, which gives it authority to pursue federal resources to combat climate change through finance within an equitable framework that reflects the diversity of Illinois. As outlined in the 2021 Climate & Equitable Jobs Act (20 ILCS 3501/850-15), the purpose of the Illinois Climate Bank includes (1) the distribution of benefits of clean energy in an equitable manner, including by evaluating benefits to eligible communities and equity investments; (2) making clean energy accessible to all, especially eligible persons, through financing opportunities and grants for minority-owned businesses, as defined in the Business Enterprise for Minorities, Women, and Persons with Disabilities Act, and for low-income communities, eligible communities, environmental justice communities, and the businesses that serve these communities; and (3) accelerating the investment of private capital into clean energy projects in a manner reflective of the geographic, racial, ethnic, gender, and income-level diversity of the State.
Learn more about the Illinois Climate Bank at https://illinoisclimatebank.com/
Company Details
- Employees
- 14
- Address
- 160 N La Salle St, Chicago,illinois 60601,united States
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- https://www.il-fa.com
- Keywords
- Chicago.
- HQ
- Chicago, Illinois
Illinois Finance Authority/climate Bank Questions
Illinois Finance Authority/Climate Bank's website is https://www.il-fa.com
Illinois Finance Authority/Climate Bank's LinkedIn profile is https://www.linkedin.com/company/illinois-climate-bank
Illinois Finance Authority/Climate Bank has
14 employees.
View email and phone details for 14
employees at Illinois Finance Authority/Climate Bank.
Illinois Finance Authority/Climate Bank's industry is
Financial Services
Illinois Finance Authority/Climate Bank's top competitors are
Montgomery County Green Bank,
Dc Green Bank,
Pre Collective,
Connecticut Green Bank,
Catalyze,
Collective Clean Energy Fund,
Self (Solar And Energy Loan Fund),
Clean Energy Fund Of Texas, Inc,
Michael Reese Health Trust,
Maryland Clean Energy Center.
Illinois Finance Authority/Climate Bank's categories are Financial Services
