C40 Cities Climate Leadership Group Inc.

04/22/2024 | Press release | Distributed by Public on 04/22/2024 10:24

C40 and Climate Mayors highlight EPA’s US$7 billion fund to expand local solar investment

On Earth Day, C40 Cities and Climate Mayors celebrate the Environmental Protection Agency (EPA) award of another US$7 billion from the Greenhouse Gas Reduction Fund (GGRF). The funding adds to the recent announcement of US$20 billion for clean energy projects.

This final tranche of funding from the Solar For All programme has been granted to 60 state, territory, Tribal government, municipality, and nonprofit awardees to help enable over 900,000 low-income households to access affordable, resilient, and clean solar energy.

The unprecedented programme specifically directs funding for states, territories, Tribal governments, municipalities, and nonprofits to support low-income and disadvantaged communities in investing in residential solar power. As cities account for nearly 70% of global greenhouse gas emissions, providing access to affordable clean energy is critical to meeting both local and global emissions reduction goals.

There is no climate progress without climate justice. Low-income and disadvantaged communities have disproportionately higher energy burdens than the national median. The EPA's work to support communities and their clean energy transition is vital in securing an equitable and healthy future for all. We look forward to seeing localities activate billions of dollars to deploy community solar projects and close the gap for accessing solar energy.

"Clean energy is a key component to addressing climate change and increasing community resilience. The new Solar For All funding will support historically overburdened communities with clean, affordable, and reliable energy to power a healthier and more sustainable future for American families," said Kate Wright, Executive Director of Climate Mayors. "We are excited to support our mayors to meet this moment and put this unprecedented funding into action."

"Funding from the EPA's Solar For All programme will transform lives in cities across America," said Kate Johnson, Head of US Federal Affairs at C40 Cities. Projects funded by this programme will help alleviate the burden of high utility bills for lower-income households and create good jobs-all while slashing climate pollution. We look forward to working with mayors to implement clean energy projects and build a stronger, more inclusive future for all."