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Art's avatar

Just skimmed the Opportunity Finance Network’s “workplan”. I have a number of decades experience as an environmental scientist and attorney, including in air quality science. I’ve personally written federal contract proposals for $10,000 jobs that had more pages, methodology, and specifically defined results than does this “workplan” for over $2 billion dollars. There are no specific deliverables in this workplan. None. In theory it is for NGOs to give loans for building energy retrofits. There are zero specifications for these retrofits. The grantees will not perform the retrofits. The numbers for greenhouse gas emissions avoided is utterly meaningless because the retrofits have no specs. It’s all 100% bullshit, an accountable slush fund, and we damn well need to get our money back before it forever disappears into the aether.

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Dunboy2020's avatar

Thank you.

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DaveL's avatar

What do you mean, they are putting MDCLs at the forefront of market transformation for clean finance in low-income and disadvantaged communities. They also will leverage their deep experience as a hub nonprofit to provide a comprehensive financial and technical package to its members, so they can combat climate change, improve equity, and deliver benefits to their communities. How can you beat that, especially the "leverage" part?

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