Biden Announces $6B Plan to Strengthen Climate Resilience
Funds to Boost Infrastructure, Renewable Energy, and Environmental Response Amid Dire Climate Report
- President Biden has announced over $6 billion in federal funds to strengthen climate resilience efforts across the nation, including initiatives aimed at boosting infrastructure to withstand the impacts of climate change.
- The Energy Department will invest $3.9 billion into strengthening the electric grid to make it less vulnerable to extreme weather and natural disasters, in addition to increasing grid capacity and bolstering renewable energy.
- The Environmental Protection Agency will put forward $2 billion in grants aimed at helping communities to deploy carbon-free energy and bolster their ability to respond to environmental issues.
- The Interior Department will allocate $100 million toward water infrastructure upgrades to improve drought resilience in western states.
- The funding announcement coincided with the release of the Fifth National Climate Assessment, a federal climate report which found that the U.S. has not been decarbonizing fast enough to meet its climate goals or international ambitions.