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green bank

American  
[green bangk] / ˈgrin ˈbæŋk /

noun

  1. a public, semipublic, or nonprofit financing organization that is dedicated to investing in projects intended to help the environment, such as renewable energy or carbon reduction.


Etymology

Origin of green bank

First recorded in 1990–95, for an earlier sense; 2005–10, for the current sense

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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All three programs will be overseen by the green bank, with grant awards expected next year.

From Seattle Times Jul. 14, 2023

Lawmakers in New Mexico are crafting green bank legislation at the urging of the Coalition of Sustainable Communities New Mexico, a group of local governments aligned to support climate policies.

From Seattle Times Jan. 9, 2023

It would create a Clean Energy and Sustainability Accelerator, essentially a green bank for lending money, 40 percent of which would go to “disadvantaged communities,” the administration’s framework said.

From Washington Post Oct. 28, 2021

New York, for instance, is trying to nurture energy innovation on a small scale through a state "green bank" that helps companies bring riskier new technologies to market.

From New York Times Sep. 20, 2017

On the green bank near to the very point of the Tongue the Lady Galadriel stood alone and silent.

From "The Fellowship of the Ring" by J.R.R. Tolkien

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