What is the Greenhouse Gas Reduction Fund?
The Greenhouse Gas Reduction Fund (GGRF) is a $27 billion investment by the U.S. government to combat climate change. Established as part of the Inflation Reduction Act and building on the success of green bank financing initiatives, the GGRF represents a generational opportunity to catalyze private investment in climate solutions and address economic injustices caused by climate change.
GGRF competitions
In 2023, The U.S. Environmental Protection Agency launched three competitions to solicit proposals for potential uses of the funds. Click the boxes below to learn more.
Fund recipients
In April, EPA announced the recipients of $20 billion in funding from the National Clean Investment Accelerator (NCIF) and Clean Communities Investment Accelerator (CCIA).
How will the funds be used?
National Green Bank
Community Funds
In April of this year, EPA announced the recipients of $20 billion in funding from the National Clean Investment Accelerator (NCIF) and Clean Communities Investment Accelerator (CCIA).
In April of this year, EPA announced the recipients of $20 billion in funding from the National Clean Investment Accelerator (NCIF) and Clean Communities Investment Accelerator (CCIA).
Where will the funds go?
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Justice40 Communities
Communities designated as disadvantaged under the GGRF's Justice40 requirements make up X% of the U.S. population, XXX, and have median incomes of XXX — X% lower than the U.S. average.
Because of the GGRF's Justice40 requirements, X%-X% more funding will go toward disadvantaged communities compared to alternative scenarios in which funding is allocated by population or by real estate values.
Coalition Partners
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Job Openings
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News & Updates
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Resources
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