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EPA Releases Framework for the Implementation of the Greenhouse Gas ...
WASHINGTON (April 19, 2023) – Today, the U.S. Environmental Protection Agency (EPA) released new details about the design of the $27 billion Greenhouse Gas Reduction Fund (GGRF), a first-of-its-kind, national-scale competitive grant program created by the President’s Inflation Reduction Act.
Greenhouse Gas Reduction Fund | US EPA
The President’s Inflation Reduction Act created a first-of-its-kind, national-scale program: the Greenhouse Gas Reduction Fund—a $27 billion investment to mobilize financing and private capital to address the climate crisis, ensure our country’s economic competitiveness, and promote energy independence while delivering lower energy costs ...
Biden-Harris Administration Announces $20 Billion in Grants to Mobilize ...
WASHINGTON – Today, April 4, the U.S. Environmental Protection Agency announced its selections for $20 billion in grant awards under two competitions within the historic $27 billion Greenhouse Gas Reduction Fund (GGRF), which was created under the Inflation Reduction Act as part of President Biden’s Investing in America agenda.
Implementing the Greenhouse Gas Reduction Fund: Investment needs ... - CPI
The Greenhouse Gas Reduction Fund (GGRF) represents an historic investment in climate resilience and equitable economic development in the United States.
Next Steps for Cities Interested in GGRF Financing
GGRF funds three programs: Each program will award funds to qualified lenders by December 2024. Lenders will start issuing loans and providing financing to cities and other entities by spring 2025, at the earliest. NCIF and CCIA will provide financing for “qualified projects” that meet the following criteria: Reduce greenhouse gas emissions.
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