The Connecticut Green Bank, the nation’s first state-level green bank, seeks an entrepreneurial leader to serve as its first Director of Environmental Infrastructure Programs to develop and implement a new business unit of the organization and transform public and private investment in environmental infrastructure. The creation of this leadership role builds upon the Green Bank’s decade of success as a leader in the climate change fight and applies the green bank model to new areas of environmental infrastructure, related to climate adaptation and resiliency, land conservation, parks and recreation, agriculture, water, waste and recycling, and environmental markets, including carbon offsets and ecosystem services. This model extension was the result of the bipartisan passage of Governor Lamont’s House Bill 6441 in June 2021.
“Over the last year, our team has been meeting with key stakeholders to discuss environmental infrastructure, gathering information about their existing policies, programs, resources, and goals, as we create a comprehensive plan for addressing these subsectors,” said Bryan Garcia, President and CEO of the Connecticut Green Bank. “Those conversations have helped us define the qualifications, experience, skills, and personality of the candidates we want to consider for this important new role. The ideal candidate could have a background in finance, policy, or environmental sciences.”
The Director will be tasked with designing, implementing, and overseeing new programs to raise revenues to deploy environmental infrastructure in the state with a focus on decarbonization and climate resilience. With the recent passage of the Inflation Reduction Act, and its inclusion of the Greenhouse Gas Reduction Fund, alongside the Green Bank’s ability to issue 50-year Green Liberty Bonds for environmental infrastructure, the incoming Director will have resources to mobilize private investment in Connecticut’s growing green economy. A core goal of this position is ensuring increased investment in vulnerable communities, including a focus on Community Reinvestment Act eligible and environmental justice communities. The Green Bank has established a goal of directing no less than 40 percent of investment and benefits from its programs into vulnerable communities that are disproportionately impacted by the effects of climate change by 2025.
For more information about the position, please visit https://ctgreenbank.applicantpro.com/jobs/2531572.html. For information about the Green Bank, visit https://www.ctgreenbank.com/.
About the Connecticut Green Bank
The Connecticut Green Bank was established by the Connecticut General Assembly in 2011 as the nation’s first green bank and has since supported the creation of more than 26,000 green energy jobs in the state, while reducing the energy cost burden on over 66,000 families, businesses, and nonprofits. The Green Bank’s vision is a planet protected by the love of humanity and its mission is to confront climate change and provide all of society a healthier, more prosperous future by increasing and accelerating the flow of private capital into markets that energize the green economy. This is accomplished by leveraging limited public resources to scale-up and mobilize private capital investment into Connecticut. In 2017, the Connecticut Green Bank received the Innovations in American Government Award from the Harvard Kennedy School Ash Center for Democratic Governance and innovation for their “Sparking the Green Bank Movement” entry. To date, the Green Bank has mobilized nearly $2.5 billion into the State’s green economy. This has reduced the energy costs for thousands of families and businesses, and reduced greenhouse gas emissions that cause climate change and worsen public health.