RI Infrastructure Bank Joins Green Bank Network

GoLocalProv Business Team

RI Infrastructure Bank Joins Green Bank Network

RI Infrastructure Bank CEO Jeffrey Diehl
The Rhode Island Infrastructure Bank (RIIB) announced that it has become a member of the Green Bank Network.

The Network is a global group of financial institutions dedicated to mobilizing private investment in clean energy and climate resilient infrastructure.

“Rhode Island Infrastructure Bank is proud and honored to join its contemporaries from around the world as a member of the Green Bank Network. Leveraging the capital and knowledge within the Network will not only further our commitment to invest in projects that reduce environmental impact and climate risk, but result in significant savings for municipalities and local businesses that use our programs,”  said Jeffrey Diehl, R.I. Infrastructure Bank CEO.

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Green Bank Network

As a collective, the Network’s members have invested approximately $10 billion in infrastructure and clean energy projects over the past year.

The Network includes founding members Clean Energy Finance Corporation (Australia), Connecticut Green Bank (US), Green Finance Organization (Japan), Malaysia Green Technology Corporation, NY Green Bank (US) and Green Investment Group (UK) and new member Rhode Island Infrastructure Bank (US). 

“The GBN is excited to welcome the Rhode Island Infrastructure Bank as a new member of the Green Bank Network. With its track record of financing climate resilient infrastructure projects, combined with its green mandate and growing track record of innovative clean energy financial products, RIIB is a welcome addition to the Network, which is demonstrating effective mechanisms for spurring increasing private investment in critical renewable energy and green infrastructure markets,” said Andrea Colnes, International Director, Coalition for Green Capital.

Earlier this year, RIIB signed the Green Bond Pledge, a commitment to increased use of green bond financing to ensure new infrastructure meets the challenges of climate change, is adaptive and resilient, and contributes to the accelerated low carbon transformation of the economy.


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