Saturday, September 26, 2009

A New Fund For Green Jobs In Low Income Communities

A new multi-billion dollar investment fund will help create green jobs and advance eco-friendly projects:

The New York Times and Green Inc reports via Dealbook:

"The Energy Efficiency Opportunity Fund, which is expected to announce its launch today at the Clinton Global Initiative conference in New York, is a social investment fund that will finance projects like retrofitting buildings to achieve greater energy efficiency.
It also plans to invest in low-income areas, creating “green collar” jobs in the process.
The fund is sponsored by Living Cities, a consortium of foundations and financial institutions that invests capital to strengthen low-income communities, and Green for All, an advocacy group founded by Van Jones, formerly the White House’s environmental jobs “czar,” that advocates for equality and opportunity in the new green economy." See full article.

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