An Act relative to green financing

This bill directs the Massachusetts Clean Energy Technology Center to conduct a study on gaps in clean energy project financing, such as lack of capital and insurance. Based on the study's findings, the center may establish a Green Bank to provide investment capital for clean energy projects in sectors like buildings, transportation, and industry. The legislation also allows the center to use funds for innovative financial strategies, including creating a loan loss reserve and energy savings performance contracting, to help achieve the state's net zero emissions goal.