April 4, 2024

The EPA has awarded the Justice Climate Fund nearly $1 billion as part of the Greenhouse Gas Reduction Fund’s Clean Communities Investment Accelerator program

Contact

Alexandra Laney, Institute for Market Transformation, (530) 645-2539; alexandra.laney@imt.org

WASHINGTON: Today, the Environmental Protection Agency (EPA) announced that the Justice Climate Fund (JCF) has been selected to begin award negotiations for the Greenhouse Gas Reduction Fund (GGRF) Clean Communities Investment Accelerator (CCIA) program. The Institute for Market Transformation is a proud partner in the JCF Coalition.

The Institute for Market Transformation thanks the Biden Administration and the EPA for selecting the Justice Climate Fund (JCF) to begin award negotiations for the GGRF CCIA program.

These federal investments will help our country meet climate goals and reduce air pollution, advancing a better future for rural and urban families alike, including the communities we serve. In addition to reducing carbon emissions, the investments will also deliver greater economic security, creating better-paying jobs and opportunities for small businesses across America while also fostering financial inclusion via America’s Main Street financial institutions—the very community lenders that have delivered, for decades, financial opportunity, security and prosperity to struggling Americans.

JCF’s network of community lenders serves 281 million Americans—or almost 86% of this nation — and includes more than 1,000 community development financial institutions across every state in the nation and multiple territories.

IMT welcomes the opportunity to work through JCF to collaborate with the EPA to bring climate solutions, and their many benefits, to our nation’s communities and homes.

About IMT

The Institute for Market Transformation (IMT) is a national 501(c)(3) nonprofit organization that envisions a world where buildings dramatically lower greenhouse gas emissions and support our physical, social, and economic well-being. We advance this vision through policies, programs, and business practices that scale better buildings in the United States.

For 25 years, IMT has provided actionable resources, market analysis, and hands-on technical assistance to transform how building performance is defined, valued, and acted upon. Within this work, IMT seeks to center community voices and connect people working in real estate, government and community organizations. Together, we are catalyzing lasting change in how buildings serve people and communities. To learn more, visit imt.org.

Program Area(s):

Finance

Want to get regular updates from IMT?