Climate Cash™

Empowering Climate Solutions

The Problem

Corporations, foundations, and investors of all sizes are increasingly seeking to decrease their carbon emissions through a variety of investment strategies and approaches.

Banking relationships were rarely seen as a way to reduce carbon, but reserved as a point of conversation, divestment or influence around climate.

Climate Cash™ is a deposit solution – enabling these organizations to enjoy FDIC / NCUA insurance, competitive interest rates and contribute to carbon-reduction lending activities.

What is Climate Cash™?

Direct Your Cash Towards a Greener Future

Enter Climate Cash™

Climate Cash™ enables corporations, foundations, and investors of all sizes to deploy cash in the form of deposits into a network of mission-driven banks and credit unions to combat climate change. Monitoring, administration, and reporting are handled through a single interface.

With Climate Cash™, every dollar deposited is protected by 100% FDIC or NCUA insurance coverage with competitive interest rates, and flexible durations of overnight to 12+ months. CNote’s impact reporting provides data on the positive climate activities supported by Climate Cash™ deposits.

Example initiatives supported by the Climate Cash™ solution include:

  • Installing affordable solar power in low-income communities;
  • Funding energy-efficient appliances and green home/building upgrades;
  • Increasing access to electric vehicle financing to reduce emissions.

Key features:

How does it work?

What Sets Climate Cash ™ Apart? 

Other sustainable deposit offerings that support a range of decarbonization projects may be part of portfolios that do not strictly exclude fossil fuel investments.

Climate Cash™ investments are directed solely to vetted, mission-driven depositories with green lending initiatives, prioritizing the under-resourced communities disproportionately affected by climate change.

Additionally, CNote’s transparent and detailed impact reporting provides Climate Cash™ investors with clear, tangible insights into the effects of their investments. Our clients can see how their deposit strategy aligns with genuine sustainability and community development goals.

Where does my money go?

Climate Cash ™. Optimized by CNote.

Deposits into Climate Cash™ go to a nationwide network of mission-driven banks and credit unions combating climate change with vital green lending initiatives. Your money would go into organizations like:

  • Locus Bank, a Fossil-Free Certified CDFI Bank in Virginia. Locus Bank finances clean energy projects such as community solar for neighborhoods and solar-powered small businesses. These projects increase access to clean energy in under-resourced communities while reducing their carbon footprint.
  • Clean Energy Credit Union, a Fossil-Free Certified, Women-led, low-income designated credit union in Colorado. Their focus is making clean energy affordable for individuals across the country, which they support through special-purpose credit programs for low-income and borrowers of color. To date, Clean Energy Credit Union has financed over 10,000 clean energy loans and helped offset nearly 700,000 tons of carbon dioxide equivalent.

More than 350 CDFI, credit union & MDI lenders offer green lending products and have originated more than $2.68 Billion in green loans to date. (Source)

The Opportunity

The effects of climate change disproportionately affect under-resourced communities, including low- to moderate-income groups and BIPOC communities. Mission-driven banks and credit unions are on the front lines of financial inclusion, as well as equitably increasing access to green innovation, climate-resilient infrastructure, and clean energy upgrades for these groups where other lenders are absent. This support includes providing loans to finance vital climate projects like solar panels, electric vehicle financing, and natural disaster recovery efforts.

These mission-driven banks and credit unions are facing a shortage of deposits, which hampers their ability to finance sustainability and green climate lending initiatives.

Mission-driven lenders need deposits to bolster their green climate lending initiatives. With Climate Cash, corporations, foundations, and other impact investors can answer that need and address sustainability and climate change efforts with full FDIC / NCUA insurance.

Interested in Climate Cash™ ?

 

Let’s Connect. 

Climate Cash™: Sign Up

CNote Group, Inc. is not a bank, a credit union, or any other type of financial institution. CNote is not a registered investment advisor with the Securities and Exchange Commission (SEC) or a broker-dealer authorized by the Financial Industry Regulatory Authority (FINRA). CNote is not a legal, financial, accounting or tax advisor. CNote does not negotiate interest rates. Impact Cash is not a security or investment. Impact CashⓇ deposits are insured by the FDIC or NCUA, subject to the terms and conditions of the Impact CashⓇ agreements. We encourage you to consult with a financial adviser or investment professional to determine whether or not the CNote platform makes sense for you.This information should not be relied upon as research, investment or financial advice. This material is strictly for illustrative, educational, or informational purposes and is subject to change. Any projected returns are illustrative, based on interest rates offered currently or in the past, which may be subject to change at any time, and may not reflect the ultimate rate of return. Past performance is no guarantee of future results, and future returns may vary.