Business View-Oct 2023

15 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 10 Source - , Andy Castillo, First Published 21, September, 2023 To combat rising climate pollution levels, the Environmental Protection Agency (EPA) announced Wednesday $4.6 billion in competitive grants available to cities, counties, territories and Tribal governments. The grants, which are a part of the EPA’s $5 billion Climate Pollution Grants program, are funded through the Inflation Reduction Act. They’re intended to spark community-driven environmental solutions, and to accelerate the nation’s transition to clean energy. “The Climate Pollution Reduction Grants program is the largest program of its kind to help state, local, tribal, and territorial governments to develop OPENING L INES and implement a wide variety of greenhouse gas reduction measures,” said Lisa Garcia, regional administrator for the EPA in a statement. “From devastating hurricanes to widespread flooding across our area, our region is experiencing firsthand the urgent need to make progress on climate action. These grants give our partners the opportunity to invest in a cleaner economy that can spur innovation and economic growth while building more equitable, resilient communities.” The funding is available through two grant competitions: one general competition and another specifically for Tribes and territories. Eligible applicants will compete to fund measures included in their climate action plans. The $4.6 billion opportunity is the second phase of the