Ceres CEO Mindy Lubber testified in support of legislation to create a climate bank in Massachusetts, which would leverage public and private investments to provide low-interest loans and financial products for climate mitigation and clean energy projects. The proposed bank follows a model used by 40 other state and local climate banks in the US, collectively investing $10.6 billion in clean energy projects in 2023. Lubber recommended prioritizing environmental justice communities for lending, in addition to rural and coastal communities, in order to combat climate change effectively.