FINANCE

$1T 2030: The American Renewable Investment Goal is a coordinated ACORE campaign to secure $1 trillion in U.S. private sector investment in renewable energy and enabling grid technologies between 2018 and 2030. Achieving this ambitious objective would close America’s innovation and investment gap with other nations, build on the impressive track record of renewable energy job creation, and keep the U.S. within striking distance of the Paris Climate Accord commitments. ACORE is working to strategically advance key policy reforms and market drivers to reach the $1T 2030 goal and tracks campaign progress through its $1T 2030 Progress Report and Annual Investor Survey.

Growing interest in sustainable investment represents a significant opportunity to direct new pools of capital into the renewable energy sector. However, methodologies for Environmental, Social and Governance (ESG) scoring – an important metric many investors use to identify sustainable companies to invest in – often do not reflect the true value of renewable energy use and investment. ACORE works with its members to increase standardization, transparency and use of material indicators in ESG disclosure and scoring processes through specific recommendations and outreach to the ESG community.

ACORE’s membership includes major tax equity providers, lenders and equity investors in the U.S. renewable energy sector. Through our executive programs, business-to-business opportunities, policy outreach, and analysis, ACORE facilitates the market ecosystem necessary to attract capital to projects and expand the field of buyers for renewable power. As the market matures, policies shift and capital stacks evolve, ACORE leads the way on standardized and innovative approaches to finance projects with utility or corporate offtakers, hybrid renewable-plus-storage projects and merchant generation.