We Need a National Green Bank
Now that the Inflation Reduction Act is law, the Environmental Protection Agency (EPA) has the opportunity to provide $27 Billion in grants for climate projects.
The problem? The EPA only has 180 days to designate these funds — not nearly enough time to approve thousands of individual grant applications, and especially not to intentionally prioritize the Black & Brown communities that are most impacted by climate change.
The solution? Creating a National Green Bank. This is a common-sense solution that will remove funding barriers for clean energy projects. Instead of relying on one-time government grants, a National Green Bank will multiply initial government investment to support the growth of an equitable green economy.
Join us in calling on the EPA to allocate at least $20 billion in climate funding to create a National Green Bank, so climate investments go to those who are most impacted and not to those with the most influence.