#ClimateUnited’s open and transparent responses to the US Environmental Protection Agency sheds further light on the power of its work to catalyze the funds critical to making the benefits of the Greenhouse Gas Reduction Fund a reality: “Climate United has closed four loans totaling $47 million that are expected to mobilize a total of $1.6 billion in private capital, or more than 30 times the amount of closed funding. We are projecting a total leverage of $21 billion in private capital by 2030. Overall, we have committed $542 million to qualified projects – on track to meet or exceed our year one goal." These funds have potential to deliver historic economic benefits across US communities like energy savings, jobs, and increased domestic manufacturing. Read Climate United’s press release from earlier this month for more details: https://lnkd.in/eVEfTBMi US SIF CEO Maria Lettini: "US SIF has championed the GGRF?to catalyze clean energy investments in communities often overlooked by traditional investing. Climate risks continue to ripple through the capital markets and now is not the time to pull back on the investments that will propel the clean energy transition. Climate United is building projects with the funds from the GGRF that will create robust and resilient communities, generate good jobs, and provide new opportunities for investors to generate returns and impact."
When we made our commitment to deliver results for Americans across the country, we also committed to run this program with full transparency. That's why we're excited to share our response to EPA's recent oversight request: https://lnkd.in/ewbgDMrV