The number one barrier to participation in the EE market is…

ACEEE released a “more detailed report that profiles successful, integrated efficiency lending programs, highlights perspectives on increasing lender participation, and explores substantive barriers to growing the market to its full potential”.

The number one barrier, according to ACEEE, for small to mid-size lenders entering the  energy efficiency financing market is the lack of customers actively seeking financing for retrofits. “Armed with the technical assistance and policy and research support outlined in the report, small to mid-size lenders could serve an important role in facilitating investment in energy efficiency at the local, state, and regional levels. Given their strong relationships with customers, these lenders, both mission-driven and non-mission driven, could potentially leverage local knowledge to connect their customers with energy efficiency contractors. These lenders can also connect customers with members of the community who have undertaken similar projects in the past.” – Casey Bell

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Morgan Stanley Institute for Sustainable Investing

“Morgan Stanley Chairman and CEO James Gorman  announced the establishment of the Morgan Stanley Institute for Sustainable Investing.  The Institute for Sustainable Investing will pursue three focus areas: financial products and solutions that enable clients to invest in sustainability-focused strategies seeking risk-adjusted financial returns; groundbreaking thought leadership that will help mobilize capital toward sustainable investing opportunities; and strategic partnerships with the public, private and nonprofit sectors designed to build capacity and best practices within the field of scalable sustainable investing.”– Morgan Stanley

Bank of America issues $500M ‘green bond’

“BofA’s green bond is a three-year, fixed-rate bond that’s $500 million in aggregate principal amount. The bank says it’s a senior bond with funds dedicated to finance green investments that further its 10-year, $50 billion environmental commitment. Bank of America viewed this issuance as an opportunity to expand its investor base and to support an important market as investors seek more socially responsible investment options,” the company said Thursday in its announcement about the bond.”–