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Federal government cuts in support for low-income climate finance have raised doubts about whether there is still a role for community lenders – meaning community-based, mission-driven financial institutions such as Community Development Finance Institution (CDFI) loan funds, credit unions and banks, green banks, and minority Depository Institutions – to play in this space. We argue that the current policy headwinds are temporary and that despite them, community lenders can indeed continue to support impactful projects that help low-income communities access clean, affordable energy and improve their resilience and health.
Keywords
Climate Mitigation, Economic Development