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Biden Announces Over $6 Billion in New Climate Investments

ESG Today

targeting areas including the electric grid infrastructure, reducing flood risk, advancing drought resistance, and advancing community-level clean energy deployment and climate justice efforts. to the Paris Agreement on the President’s first day in office, though many of the administration’s initiatives have targeted climate mitigation.

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Biden Launches $20 Billion Climate and Clean Tech Project Financing Programs

ESG Today

Environmental Protection Agency (EPA) and totaling $20 billion, aimed at financing climate and clean energy projects at the community and small business level. According to the EPA, at least 40% of the funds from the program will be dedicated to low-income and disadvantaged communities.

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Towards Sustainable Global Leadership: How the IRA Catalyzes 21st Century U.S. Global Leadership

Sustainable Round Table

The IRA taxes the wealthiest corporate interests and saves on drug benefit-related waste to be able to fund needed Medicare and ACA health benefits, as well as Paris Agreement-aligned climate action, while still enabling it to reduce the deficit by more than $270 billion. . states to be more ambitious in their climate strategy.