IFWT_GreenBank
Gov. Andrew Cuomo in his 2013 State of the State address proposed a $1 Billion Green Bank to draw in private sector money, mixing it with public funding, and concentrating on clean energy initiatives. The bank would make it easier for Energy companies to operate and it would attract private investment as well as providing low risk low cost financing for energy efficiency programs and renewable energy projects. Gov. Cuomo announced Robert Kauffman as the Senior Advisor to Energy Secretary, Steven Chu. Kauffman would be the head of the Energy efficiency council and also run the Bank. Hit the jump for more.
PaulDaPro

The current renewable energy system in place relies heavily on one time subsidies, larger and lasting projects will need to turn somewhere for financing and that’s where Green Bank would come in. Allowing these initiatives to continue to grow and blossom with continuous backing.

AOL Energy