Clean Energy Initiative: A Report on How Foundations, State Funds, and Social Investors Could Pursue Joint Investments
July 11, 2003
Lew Milford, Robert Sanders, Philip LaRocco | Clean Energy Group
This report follows an investigation initiated by the Rockefeller Brothers Fund, Surdna Foundation, and Oak Foundation designed to explore new models for clean energy investment among foundations, public funds and private investors.
Clean Energy Group, E+Co and The Reinvestment Fund undertook a survey to gauge foundation and fund interest in joint investment opportunities in clean energy. They interviewed officials from twenty-one foundations, and talked with state fund officials.
This report summarizes results of the survey, and proposes a collaboration of state funds, foundations, and social investors to explore joint clean energy investments as well as other related opportunities. This report is designed to give state funds and social investors some basic information to decide whether such a conversation would be of mutual benefit.