In the aftermath of the financial crisis in 2008, the United States and other countries took historic measures to promote investment and financing across chosen sectors of the economy. In the United States, the renewable energy industry was delighted to receive the benefit of several federal programs designed specifically to restore financing to the sector — these included the Treasury 1603 cash grant program and revitalized loan guarantee programs administered by the Department of Energy and the Department of Agriculture. The renewable energy industry also benefitted from the significant efforts made globally to restore confidence in financial institutions, including direct and indirect funding of banks by host governments.