This January 2021 report examines the potential of a federally authorized Clean Energy and Sustainability Accelerator. This new nonprofit corporation, which would catalyze but not compete with private capital, could be funded by Congress to combat causes and effects of climate change through rapid deployment and scaling of technologies to reduce greenhouse gas (GHG) emissions. It would also fast-track economic development and enable climate-impacted communities to benefit from projects and investments.
The white paper, commissioned by the Coalition for Green Capital, provides an overview of the Accelerator’s mandate, mission, organization, and governance, and describes how it would conduct its work. The paper describes how the Accelerator could stimulate near-term clean-energy investment, job creation, and invest in projects that reduce GHG emissions.