Green Liberty Notes to expand: project‑specific offerings and optional donor feature approved
Board approved an expansion of the Green Liberty Notes crowdfunding program to allow project‑specific and multi‑year issuances and an optional feature enabling investors to forgo some interest so the Bank can donate equivalent funds to vetted nonprofits.
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The board approved a proposal to expand the Green Liberty Notes crowdfunding program to enable periodic project‑specific or portfolio offerings and to pilot options for longer terms, staff told directors at the June meeting. David Beach described the program’s history—minimum investments reduced from $1,000 to $100 and nearly $5 million raised across prior issuances—and presented proposed criteria for linking future notes to specific Green Bank projects.
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