ESG and C-PACE

Borrowers are increasingly turning to C-PACE as a sustainable financing solution, with cumulative investment breaking $5 billion in 2022, up from less than $2.5 billion two years earlier, according to industry group PACENation. Meanwhile, US lenders are establishing dedicated ESG teams and industry initiatives such are seeking to improve transparency and standardization across the market. Industry participants say further growth in green lending is on the way.