Stage 1 fire restrictions, enacted for unincorporated areas of western Boulder County.

State and Local Government and the Formation of Green Banks

State and local governments are key stakeholders in determining whether the Inflation Reduction Act is transformative for climate and industrial policy for years to come. One key provision is the Greenhouse Gas Reduction Fund, which provides $27 billion to support the proliferation of new and existing state green banks.

As the economic and financial impacts of climate change grow, it is crucial that state governments maximize the impact of this large, one-time injection of federal capital.

Building a diverse, inclusive, and accountable green bank that fosters multi-agency coordination toward a range of investment needs is imperative.

In this memo we make recommendations for how green banks can be designed in a manner consistent with this vision. Click the image below to read the full report:

Report cover: State and Local Government and the Formation of Green Banks

For more information email Brett Fleishman.

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Contact Us

Office of Sustainability, Climate Action and Resilience

OSCAR Team Members


Boulder County Courthouse
First Floor
1325 Pearl St.
Boulder, CO 80302
Map and Directions

Hours: 8 a.m. to 4:30 p.m.

Mailing Address

PO Box 471
Boulder, CO 80306