New York Green Bank

New York Green Bank is a state-sponsored financial institution that invests in clean energy projects to help New York transition to a more sustainable energy system. It provides financing and capital to businesses and developers to support renewable energy and energy efficiency initiatives. By reducing financial barriers and risks, the bank aims to attract private investment, stimulate job growth, and lower greenhouse gas emissions. Essentially, it acts as a bridge between public funding and private investment to promote a cleaner, greener economy in New York.