Climate Tech Finance

Learn how to apply for subsidized financing for emerging technologies that reduce greenhouse gas emissions.

Climate Tech Graphic

Overview

The Air District’s Climate Tech Finance program offers subsidized financing for public and private facilities to adopt emerging technologies that reduce greenhouse gas emissions.

Public-sector facilities can apply for loans ranging from $500,000 to $30 million, with terms of up to 30 years.

Small businesses can apply for loan guarantees on loans of up to $20 million, with a maximum guarantee of $2.5 million. Projects may be eligible for up to 90 percent guarantees through this program.

The Air District also provides engineering evaluation and technical assistance to borrowers to evaluate proposed projects.

This program is being offered through a partnership with the California Infrastructure and Economic Development Bank (IBank).

To stay apprised of Climate Tech Finance updates, please sign up for our mailing list at the bottom of this page.

 

Apply to Climate Tech Finance

To begin the application process, fill out the Expression of Interest Form after reviewing the eligibility guidelines and application process overview below. For questions, please contact us at .

Eligibility

Direct loans

Direct loans are available to Bay Area public facilities, including municipalities, universities, schools, hospitals, and eligible nonprofits.

Loan guarantees

Loan guarantees are available to Bay Area small businesses and eligible nonprofits with 1-750 employees.

Technologies

The Climate Tech Finance program supports emerging technologies that reduce greenhouse gas emissions.

Emerging technologies include technologies that have been successfully demonstrated at the pilot, demonstration, or early commercial scale, but have not reached full commercial scale.

Greenhouse gas emissions reductions include either direct reductions on-site (process improvements, electrification, etc.) or indirect reductions (reduced energy consumption).

For additional information on eligibility, please refer to the FAQs or contact .

How to Apply

Climate Tech Application Process graphic

Technology Developers

If you are a company producing an emerging technology that reduces greenhouse gas emissions and are interested in partnering with us, please fill out this online application

Climate Technology Review

The Air District has developed a technology assessment matrix to evaluate emerging climate technologies across several key metrics, including emissions reduction potential, economics, technology readiness, and barriers to commercialization.

The Air District’s Climate Technology Review summarizes the results of this initial assessment. This report includes examples of technologies the Air District may be interested in incentivizing through Climate Tech Finance, as well as technologies that the Air District may support through regulation or outreach.

Resources

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Climate Tech Finance

415.749.4937

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Last Updated: 10/16/2018