Climate Access Fund

About

Founded in 2020, Climate Access Fund is a ngo headquartered in Baltimore, United States specializing in Solar.

Climate Access Fund (CAF) is a statewide nonprofit green bank headquartered in Baltimore, Maryland. It accelerates community solar project development on residential rooftops, parking lots, and brownfields through project origination, development, and financing. CAF ensures at least 50% of energy generated by its Solar4Us projects is reserved for low-to-moderate income households, who receive 20-25% discounts on electricity costs. The organization aims to transfer long-term project ownership to community-based organizations and local governments. CAF addresses Maryland's energy burden crisis, where low-income households spend 6x more of their income on energy than non-low-income households. The fund offers attractive financing terms for community solar developers and project owners, advocates for supportive clean energy policies, and creates paid apprenticeships and job opportunities for residents in historically disinvested communities.