'Today, communities around the country are getting a green light for a new historic era of green financing,' said SenMarkey.
"This is a win for workers, our economy, and our fight to confront the climate crisis," said Democratic Sen. Chris Van Hollen.U.S. President Joe Biden's administration on Friday opened a pair of grant competitions with a combined $20 billion in public funding designed to"mobilize private capital into clean technology projects."
"Today, communities around the country are getting a green light for a new historic era of green financing." "By mobilizing significant amounts of private capital, these national nonprofits will ensure that every dollar of public funds generates several times more in private investment," the agency said."At least 40% of the funds from the National Clean Investment Fund will be dedicated to low-income and disadvantaged communities."
"These hub nonprofits will enable hundreds of community lenders—such as community development financial institutions , credit unions, green banks, housing finance agencies, and minority depository institutions—to finance clean technology projects in low-income and disadvantaged communities while also mobilizing private capital and building the enduring capacity of community lenders to finance these projects for years to come," the agency added.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
EPA announces $20 billion 'climate bank' meant to boost projects in poorer placesThe Environmental Protection Agency on Friday announced the terms for doling out $20 billion through “climate banks” authorized by the Inflation Reduction Act, part of the massive green spending authorized by the law meant specifically to boost poorer towns and people harmed by pollution.
Baca lebih lajut »
UK launches in-depth investigation into Adobe's $20 billion Figma purchase | EngadgetUK officials have begun an in-depth probe of Adobe's $20 billion acquisition of Figma..
Baca lebih lajut »
UK launches in-depth probe into Adobe’s $20 billion Figma bidAdobe’s $20 billion Figma bid is under threat from UK antitrust regulators
Baca lebih lajut »
Biden making $20 billion available from 'green bank' for clean energy projectsThe Biden administration is making available $20 billion from a federal “green bank” for clean energy projects such as residential heat pumps, electric vehicle charging stations and community cooling centers
Baca lebih lajut »
Biden making $20 billion available from 'green bank' for clean energy projectsThe Biden administration is making available $20 billion from a federal “green bank” for clean energy projects such as residential heat pumps, electric vehicle charging stations and community cooling centers.
Baca lebih lajut »
Biden making $20 billion available from 'green bank' for clean energy projectsThe Biden administration is making available $20 billion from a federal 'green bank' for clean energy projects such as residential heat pumps, electric vehicle charging stations and community cooling centers.
Baca lebih lajut »