Agenda & Materials

Day 1 Thursday, February 6, 2014

How Green Banks Help Your State Achieve Its Clean Energy Goals

Time Event Materials
8:00 am – 8:30 am Registration & Breakfast
8:30 am – 8:45 am Welcome to Green Bank Academy

  • Mark Muro, Senior Fellow and Policy Director, Brookings Metropolitan Policy Program
  • Reed Hundt, CEO of the Coalition for Green Capital
8:45 am – 9:15 am
Intro: Reed Hundt
Keynote Address: Green Bank Political Philosophy
The future of state green banks and the need for state level collaboration. Time will be allotted for questions.

  • Commissioner Dan Esty, Commissioner of the Connecticut Department of Energy and Environmental Protection
9:15 am – 10:00 am
Leader: Reed Hundt
State-by-State Introductions
Participants will be asked to introduce themselves to the group by sharing what state and/or organization they are from and why they are interested in learning about green banks.
10:00 am – 10:30 am Creating and Managing a Green Bank
Critical lessons from the establishment of the nation’s first green bank will be shared. Topics will include organization structure, the importance of identifying staff suited for a green bank, and developing a road map for early organizational success.

  • Bryan Garcia, President and CEO of CEFIA
10:30 am – 10:45 am Coffee Break
10:45 am – 12:00 pm
Facilitator: Bryan Garcia
Advancing State Clean Energy Goals with Actual Green Bank Products: Residential Solar & Commercial Energy Efficiency
Examples of green bank products will be discussed to demonstrate how they are aligned with a state’s needs. Speakers will explain product structure and how they leverage private capital. Key questions states must address when designing a green bank product will be identified.

  • Jessica Bailey, Director of C & I Programs at CEFIA – Commercial Property Assessed Clean Energy (“C-PACE”) Efficiency Financing Products
  • Bert Hunter, EVP and Chief Investment Officer at CEFIA – Residential Solar Financing Products
12:00 pm – 1:00 pm Lunch
1:00 pm – 1:30 pm
Leader: Reed Hundt
Organize Working Groups: Product Development
Participants will be placed in one of four working groups, with each group working concurrently in the afternoon. Participants will be assigned to working groups based on feedback prior to the Academy. Each group will address key topics for developing a green bank product in one of two markets.

  • Group A1 –Residential Solar: Develop proposal for lead generation and targeting customers, design a marketing plan, and build performance metrics for DG solar market.
  • Group A2 – Residential Solar: Identify where in the capital structure a green bank should invest, what is green bank’s relationship with private investors, and how does product interact with RECs and cash subsidies for DG solar market.
  • Group B1 – Commercial Efficiency: Develop a plan for how to pass the required laws and regulations for an optimal program, identify how to source customers, and build performance metrics for commercial energy efficiency market.
  • Group B2 – Commercial Efficiency: Develop a plan for setting interest rates for the product, propose a capital structure, and identify a path for capital recycling.
1:30 pm – 3:00 pm
Facilitators: Reed Hundt, Mark Muro, Ken Berlin, Jeffrey Schub
Concurrent Working Group Session
All four groups will meet separately to address the green bank strategy and product topics listed above. Each group will elect a chairperson who will provide the working group’s report to the entire group. A facilitator will work with each working group, and one working group member will be the designated reporter and note taker.
3:00 pm – 3:15 pm Break (Note: Chairperson, Facilitator and Reporter of each group meet to agree on report to broader group.)
3:15 pm – 4:15 pm
Leader: Reed Hundt
Reports from Workings Groups
The chairperson of each working Groups will report back to the entire body to describe the strategy and product they developed to address the assigned market and topics. Time will be allotted for questions

  • 3:15 pm – 3:30 pm: Group A1
  • 3:30 pm – 3:45 pm: Group A2
  • 3:45 pm – 4:00 pm: Group B1
  • 4:00 pm – 4:15 pm: Group B2
4:15 pm – 4:30 pm Wrap-Up
Key takeaways from the day’s activities, important lessons on green bank product development, and new opportunities for multi-state collaboration.

  • Ken Berlin, SVP and General Counsel of CGC
6:30 pm – 9:00 pm
Location: Skadden
Dinner & Keynote Address: Integrating Green Banks into State Policy Framework
A discussion on how to build strategic alignment between a green bank and existing state energy policies, incentives and organizations.

  • Richard Kauffman, Chairman of Energy and Finance, State of New York

Day 2 Friday, February 7, 2014

How Multi-State Coordination and Financial Standardization Drives Green Bank Effectiveness

8:30 am – 9:00 am Breakfast
9:00 am – 9:30 am
Introduction: Reed Hundt
Keynote Address: The Role of the Federal Government in the Green Bank Landscape
An update on Congressional efforts to create a federal green bank, and how that entity might interact with and support state level green bank financing programs. Time will be allotted for questions.

  • Congressman Chris Van Hollen, Maryland’s 8th District, Ranking Member of House Budget Committee
9:30 am – 10:30 am Advocating for, Establishing and Capitalizing a Green Bank
A panel of state leaders will review strategies for creating a green bank, describe the sources of capital that a green bank may rely on to provide financing, and key considerations when creating an organization.

  • Ken Berlin, SVP and General Counsel of CGC, moderator
  • Michael Paparian, Deputy Treasurer of California
  • Greg Hale, Senior Advisor to the Chairman of Energy and Finance, State of New York
10:30 am – 10:45 am Coffee Break
10:45 am – 11:15 am
Leaders: Alfred Griffin, New York Green Bank President
Standardization & Collaboration: Introduction & Working Groups
An introduction to the role of standardization and collaboration in facilitating efficient green bank programs and animating private capital markets. Participants will then rejoin their working groups to consider topics on standardization and collaboration relevant to the assigned same markets.

  • Group A1 – Residential Solar Standardization
  • Group A2 – Residential Solar Collaboration
  • Group B1 – Commercial Efficiency Standardization
  • Group B2 – Commercial Efficiency Collaboration
11:15 am – 12:30 pm
Facilitators: Reed Hundt, Mark Muro, Ken Berlin, Jeffrey Schub
Concurrent Working Group Session
All four groups will meet separately to address the standardization and collaboration topics listed above. Each group will elect a chairperson who will provide the working group’s report to the entire group. A facilitator will work with each working group, and one working group member will be the designated reporter and note taker.
12:30 pm – 1:30 pm Lunch (Note: Chairperson, facilitator and reporter of each group meet at start of lunch to agree on report to broader group.)
1:30 pm – 2:00 pm The Department of Energy’s Continued Focus on Clean Energy Finance

  • John MacWilliams, Senior Advisor for Finance, Office of the Secretary, U.S. Department of Energy
2:00 pm – 3:00 pm
Leaders: Alfred Griffin & Brian Farnen, General Counsel, CEFIA
Reports from Working Groups
The chairperson of each working Groups will report back to the entire body to describe the strategy and product they developed to address the assigned market and topics. Time will be allotted for questions

  • 2:00 pm – 2:15 pm: Group A1
  • 2:15 pm – 2:30 pm: Group A2
  • 2:30 pm – 2:45 pm: Group B1
  • 2:45 pm – 3:00 pm: Group B2
3:00 pm – 3:30 pm Wrap-Up and Next Steps in the Green Bank Effort
CGC will discuss the ways it will serve as a resource to all states’ green bank efforts going forward. CGC will seek input from participants as it launches an initiative to construct a multi-state compact in support of green banks, to be signed by numerous state governors. CGC will also present plans for on-going dialogue and for future collaborative events to build on the Academy’s progress.

  • Reed Hundt, CEO of the Coalition for Green Capital
  • Mark Muro, Senior Fellow and Policy Director, Brookings Metropolitan Policy Program
  • Bryan Garcia, President and CEO of CEFIA
Additional Materials