Author: EPA Staff Published: 11/3/2022 EPA
EPA Administrator Michael S. Regan.
The Greenhouse Gas Reduction Fund is an unprecedented opportunity to accelerate the adoption of greenhouse gas reducing technologies and position the United States to compete and win the 21st century economy.
The Greenhouse Gas Reduction Fund provides $27 billion to EPA for expenditure until September 30, 2024. This includes:
- $7 billion for competitive grants to enable low-income and disadvantaged communities to deploy or benefit from zero-emission technologies, including distributed technologies on residential rooftops;
- Nearly $12 billion for competitive grants to eligible entities to provide financial and technical assistance to projects that reduce or avoid greenhouse gas emissions; and
- $8 billion for competitive grants to eligible entities to provide financial and technical assistance to projects that reduce or avoid greenhouse gas emissions in low-income and disadvantaged communities.
EPA is launching a coordinated stakeholder engagement strategy to help shape the implementation of the Greenhouse Gas Reduction Fund and ensure the full economic and environmental benefits of this historic investment are realized by all Americans.
Public Engagement Opportunities
EPA is commencing a series of listening sessions to allow members of the public and key stakeholder groups to provide insights to EPA staff on the implementation of the Greenhouse Gas Reduction Fund.
National Public Listening Session – Wednesday, November 9, 2022
7:00-9:00 pm Eastern
Request for Information
EPA published a Request for Information (RFI) seeking public comment on core design aspects of the Greenhouse Gas Reduction Fund. This notice will be open for 45 days, until December 5, 2022. EPA encourages all written feedback about the program to be submitted in response to the RFI.
Soliciting Expert Input
EPA delivered a set of formal charge questions for expert review and comment at the October 18-19th meeting of the Environmental Finance Advisory Board (EFAB). The EFAB will deliver its recommendations to the Agency by December 15, 2022.
About Environmental Finance Advisory Board (EFAB)
EFAB is a Federal Advisory Committee that provides advice and recommendations to EPA’s Administrator and regional and program offices on ways to lower the costs of, and increase investments in, environmental and public health protection. The EFAB includes a number of experts on clean energy and climate finance, including leaders of green banks and community financial institutions; state and local government officials; business and industry representatives; and members of environmental, tribes and non-governmental organizations, among others.