• New York City files to sue five oil majors, plans $5bn pension fossil fuel divestment

    11 January 2018

    New York City has filed a lawsuit against five oil majors for damages caused by climate change, and the city's pension funds intend to divest $5 billion from fossil fuel companies, as its mayor launched a blistering attack on the firms.

  • NY State Common and NY City Pension Funds make plans to cease fossil fuel investments

    22 December 2017

    Both the $200 billion New York State Common pension fund and the $181 billion New York City Pension Funds are to consider ceasing new investments in fossil fuels, their trustees have said.

  • NY Green Bank aims to raise $1bn from private sector

    30 October 2017

    New York Green Bank has revealed plans to raise at least $1 billion from private investors and invest for the first time in projects in other states.

  • NY Green Bank records first profit

    23 June 2017

    New York Green Bank has recorded $2.7 million net income, meaning it has hit its target of turning its first profit a year ahead of schedule.

  • Sunrun secures $25m loan from New York Green Bank

    29 June 2016

    US rooftop solar company Sunrun has secured a $25 million loan from the New York Green Bank.

  • New York launches $5bn clean energy fund, completes Green Bank funding

    25 January 2016

    A $5 billion fund to accelerate the use of clean energy in New York state and boost the area's resilience to extreme weather, has been launched by governor Andrew Cuomo.

  • New York's clean energy catalyst

    14 October 2015

    The state's 'green bank' is poised to help scale up clean energy investment and has even asked for its own borrowing powers. Its President, Alfred Griffin, talks to Peter Cripps

  • New York Green Bank expects to make first investment this summer

    07 April 2014

    The New York Green Bank is expected to make its first investment this summer, its new head told Environmental Finance.

  • NY Green Bank asks for $165m initial capital to start investing early 2014

    11 September 2013

    New York Governor Andrew Cuomo has asked for $165 million to be granted to the state's Green Bank, in a first move to capitalise the $1 billion bank he expects to open for business early next year.