Clara Grantier
Username
Clara Grantier
Proposer First Name
Clara
Proposer Email
clara.grantier@greenbank.ny.gov
Proposer Last Name
Grantier
Proposer Company/Organization
NY Green Bank
Boston 2022 Areas of Focus
Proposer Job Title
Analyst
Proposer Additional Info
Submitting proposal on behalf of David Davenport, Managing Director at NY Green Bank and lifetime NESEA member.
Proposed Session Description
Whether you are a building owner, a contractor, a policy maker, or climate justice advocate, understanding the intersection between sustainable technology, building decarbonization, and finance is critical to getting projects done. Financing plays a critical role in project planning. This session will explore the roles that green banks can play in a project and capital stack by examining green bank strategies and providing examples of projects for NESEA members to consider as they evaluate how to fund business opportunities.
Diversity and Inclusiveness
The session proposal was developed by, and the session would be led by, a person of color. The session content will focus specifically on the role that NY Green Bank financing can play in the retrofit or construction of multifamily affordable housing and of non-residential buildings (e.g. schools, hospitals, houses of worship, etc.) that serve disadvantaged community members.
Learning Objectives
Because attendees will understand what green banks do and the value they can offer to borrowers in the building sector, they will be able to weigh green bank investment as an option when considering how to meet their financing needs going forward, and/or refer other projects to green banks if they are struggling to find capital elsewhere.
Attendees will be able to think more creatively about their financing needs and opportunities and consider innovative investment structures as potential catalysts for their work.
Attendees will be able to engage with green banks efficiently and, if seeking capital, present their investment opportunities to green banks effectively.
Attendees will be able to determine whether a financing need that arises is a potential fit for NY Green Bank or other specialized impact lender involvement.
Has this session been presented before?
No
Session Format
Interview or structured conversation among panelists
Session Format Details
Moderator, a Managing Director at NY Green Bank, will describe what green banks do, what NY Green Bank does, and NY Green Bank's approach, including a strong commitment to projects benefitting disadvantaged communities, as an asset-based lender in the New York State building sector. Moderator will then facilitate discussion with a fellow member of NY Green Bank's senior team and featured panelists, including a previous borrower that used NY Green Bank capital to complete a high-performance building project, as well as potentially another green bank or specialized finance company based in the Northeast U.S. who can speak to their approach financing projects outside of New York State. In the final portion of the session, the moderator will pose a question to the audience ("In your work, where do you see a need for more innovative financing/how could more innovative financing enable you to decarbonize more buildings at a faster rate? Where do you face challenges when it comes to securing financing for your projects? How can we work with companies/communities to help identify assets and package them for financing?") and audience members will have time to respond and get feedback from the moderator/panelists if desired.
Recommended Length
60-minute session
90-minute session
Strongest Content Connection - Boston 2022
Reviewer 1
Boettcher, Dave
Reviewer 2
Boettcher, Dave
Proposal #
158
Committee Decision
Being Considered
Presenters
Full Description
Green banks are mission-driven institutions that use innovative financing to accelerate the transition to clean energy and fight climate change. Being mission-driven means that green banks care about deploying clean energy rather than maximizing profit.
Appropriately-priced capital can be the deciding factor in whether a building is built/retrofitted to high levels of energy performance. Green banks are an important partner in developing sustainable energy solutions because they promote and support the flow of financial instruments and related services towards the development and implementation of sustainable business models, investments, and projects that would otherwise be unable to access capital. It is important for building owners, developers, contractors, policymakers, and advocates to know what green banks can do to help advance their work – and how to engage with green banks.