The New Mexico Climate Investment Center works to address the challenges of climate change while bringing greater economic prosperity to households and businesses.
Climate Change and Equity
The need for increased funding in equity-focused investments has never been more urgent. We are experiencing a rapidly changing climate, where the greatest impacts of increased temperatures, more extreme storm events, and drought will fall disproportionately on those households and businesses without the economic resources to adapt. Restructuring our economy so that it is less carbon intensive can be done while also creating greater economic opportunities for these households and businesses.
Currently there are limited financing options for low-and-moderate income (LMI) households. With appropriate loan times and interest rates, households can transition to safer and more comfortable homes while saving money.
Investment Focus
The New Mexico Climate Investment Center is creating a portfolio of loan products for residential and commercial customers to increase adoption of mature, commercially viable technologies that reduce greenhouse gas emissions and other pollutants. The Center will focus on:
- Closing financial gaps and strengthening existing financial institutions’ ability to lend to non-traditional borrowers;
- Providing direct benefits for low-income, disadvantaged, and tribal communities;
- Reducing energy burdens through loans that support energy efficiency in buildings, accelerate ownership of rooftop solar, provide lower-cost community solar subscriptions, and scale up house retrofits supporting energy efficiency adoption.
NMCIC News
One-on-One with Beth Beloff
Read the full article here Beth Beloff is very stubborn. It’s pretty much a requirement when you want to accomplish what she has — pushing ahead on a passion for battling climate change and unceasingly heading the effort if there’s no one else to do it...
Request for information to deploy solar photovoltaic systems
New Mexico Climate Investment Center Request for Information (RFI) Announcement Solar Third Party Ownership Date Posted: 02/12/2025 Deadline for Responses: 02/27/2025 Introduction The New Mexico Climate Investment Center (NMCIC) is exploring third-party owned (TPO)...
Funding for projects to reduce greenhouse gas emissions
Are you looking for financing for a project that will reduce greenhouse gas emissions? While we are raising investment capital, we are developing a list of projects that are in need of financing within the next 6-12 months. We are prioritizing projects that have high...
New Mexico Climate Investment Center: The state’s first green bank (Albuquerque Journal)
Read the full article here BY MEGAN GLEASON ALBUQUERQUE JOURNAL STAFF WRITER New Mexico’s first ever green bank is in the works. It’s not actually a traditional bank; it’s a financial institution. And it’s the first of its kind in New Mexico. It’s called the New...
As an emerging green bank, NM Climate Investment Center (NMCIC) is proud to be part of the American Green Bank Network and working in partnership with the Coalition for Green Capital (CGC) to develop the best solutions that provide access to reliable, affordable energy for our communities. NMCIC is focused on leveraging public and private investments to work with local organizations and bring good-paying jobs, clean air, and safe water to communities in New Mexico. The EPA’s attempt to withdraw these funds is unlawful and jeopardizes the health and well-being of New Mexicans.
About NMCIC
The New Mexico Climate Investment Center is a registered New Mexico nonprofit independent public corporation, created by the Coalition of Sustainable Communities NM (CSCNM), in collaboration with the state. As a 501(c)3 nonprofit, it will have flexibility to draw on diverse sources of capital and rapidly respond to changes in community needs.
The Climate Investment Center is working in partnership with Colorado Clean Energy Fund, Impact Development Fund, and Coalition of Sustainable Communities New Mexico.
