National coalition, including SRS, launches building decarbonization program in 9 major U.S. cities

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WASHINGTON–(BUSINESS WIRE)–Today, a national coalition that includes nine major cities and counties launched a turnkey building decarbonization program that aims to rapidly scale up the deployment of clean-energy technologies across millions of small commercial and multifamily buildings with persistently high carbon footprints.

The innovative Building Decarbonization In-A-Box (BDAB) program, announced just days after the U.S. Environmental Protection Agency awarded $20 billion in competitive “green bank” grants through the Greenhouse Gas Reduction Fund, will be one of the first initiatives to demonstrate how the newly available funding will mobilize capital for on-the-ground decarbonization projects in communities across America.

Six cities – Atlanta, Georgia; Fort Collins, Colorado; Milwaukee, Wisconsin; Philadelphia, Pennsylvania; Reno, Nevada; and San Antonio, Texas – and three counties – Los Angeles County, California; St. Louis County, Missouri; and Montgomery County, Maryland – will be the first to take advantage of the local government-driven BDAB program. The coalition also includes three companies – UtilityAPI, Allectrify, and Sustainable Real Estate Solutions (SRS) – and four nonprofit green banks – Colorado Clean Energy Fund, Missouri Green Banc, Montgomery County Green Bank, and Philadelphia Green Capital Corporation.

Read the full article at Business Wire.