$117,000 Raised | Fundraising Goal Achieved!
Inclusive Prosperity Capital (IPC), a mission-driven 501(c)3 national clean energy financing platform spun out of the Connecticut Green Bank, focuses on bridging the gap in clean energy financing for traditionally underserved communities and market segments. IPC has invested over $50 million in clean energy and resilience projects across the U.S. and Territories, with a near-term pipeline of over $100 million of additional investment opportunities. Approximately 50% of IPC's investments benefit low to moderate income communities, with approximately 60% directed towards communities of color IPC's unique business model leverages a blended capital stack to ensure sustainable operations and capital reinvestment. As a lead coalition partner with the Justice Climate Fund, IPC is well-positioned to access Greenhouse Gas Reduction Fund (GGRF) capital facilitating the potential to exponentially scale its impact during the coming years. Currently, IPC is spearheading the creation of a secondary market platform, collaborating with organizations like Opportunity Finance Network, Inclusive, Carsey School of Public Policy, and Natural Resource Defense Council, to standardize clean energy financing, making it easier for small community lenders to issue clean energy loans to subprime applicants with the risk reduced by philanthropic dollars.
Geography: National
Funding Type: c3
Presentation Date: 11/28/2023