"US Government Allocates $20 Billion for Community Climate Projects through 'Green Bank' Funding"

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Source: The New York Times
"US Government Allocates $20 Billion for Community Climate Projects through 'Green Bank' Funding"
Photo: The New York Times
TL;DR Summary

The Environmental Protection Agency plans to award $20 billion in grants to eight nonprofits, ranging from $500 million to $6.9 billion, to spur clean energy projects in overlooked communities. The funds will be used to offer loans to businesses, homeowners, and others to promote clean energy across the country, particularly in low-income neighborhoods, with the goal of financing community-based climate projects.

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