Sessions
Growth of the Green Banks
11:30 AM - 11:40 AM Tue
M. Duanne Andrade is the Executive Director of the Solar and Energy Loan Fund (SELF), a CDFI/ Green Bank based in Florida with a footprint across the Southeast United States. Duanne is passionate about social, environmental, and economic equity and has spent the past 20+ years creating innovative financing models to unlock access to fair capital for low-wealth populations in underserved communities, both in the United States and Latin America. She has worked extensively with nonprofit microfinance models focused on lifting vulnerable populations out of poverty as well as for-profit financing models to address financing gaps for small businesses. Duanne expanded her focus to include energy efficiency and clean energy as a critical component of sustainable development and she founded an energy efficiency company in Mexico in 2008 to reduce carbon emissions and help transition the highly polluting industrial sector to clean energy. Running up against capital constraints she pivoted towards the financing side and in 2013, she began working with SELF to knock down barriers to access to capital focusing on helping LMI populations gain access to the benefits of energy efficiency, storm resilience and clean energy.
Before assuming the role of Executive Director, Duanne co-led SELF for 10 years as its Chief Financial and Strategic Officer helping SELF diversify its ‘green’ residential loan programs with innovative products to advance inclusion and climate equity for residents across Florida and the Southern region. Duanne’s leadership in capital raising efforts and successful implementation of innovative programs has led to a tenfold increase in SELF’s assets positioning SELF as a national leader in climate equity lending.
Duanne thrives on challenging the status quo of traditional financing models and innovating to advance access for underserved communities to benefit from an equitable “green economy”.
Duanne serves on the Advisory Board of Ponce Bank, the Board of the National Association for Community Asset Builders, the Southeast Energy Efficiency Alliance and the Board of Community Impact Fund and the Opportunity Finance Network Climate Advisory Committee. Duanne also serves as Chair of the Climate United Advisory Council.
Duanne has a bachelor’s degree in Political Science from NYU and an MBA from the Bolivian Catholic University, “San Pablo’s” Maestrías Para el Desarrollo (MPD), a program in cooperation with the Harvard Institute for International Development (HIID).