President Biden has announced more than $6 billion in investments aimed at strengthening climate resilience in the US, including focusing on electric grid infrastructure, reducing flood risk, promoting drought resilience, and promoting community-based clean energy deployment and climate justice efforts.
Tackling climate change has been a major focus for the Biden administration, starting with the U.S. return to the Paris Agreement on the president’s first day in office, though many of the administration’s initiatives have focused on climate mitigation. Since taking office, the administration has passed the Inflation Reduction Act (IRA) and the Bipartisan Infrastructure Law (BIL), which together allocate nearly $500 billion to climate-focused investments in areas such as carbon-free energy, manufacturing and clean technologies. as well as more than $50 billion for climate resilience and adaptation.
In a statement announcing the new investments, the White House said:
“Today’s announcements build on the Biden-Harris Administration’s unprecedented commitment to tackling the climate crisis, strengthening America’s resilience, and delivering results for underserved and overburdened communities.”
The bulk of the administration’s new investments, totaling nearly $4 billion, are aimed at strengthening and modernizing the U.S. power grid. The investments, which will be funded through the Bipartisan Infrastructure Law, represent the second round of the Grid Resilience and Innovation Partnerships (GRIP) program, which funds activities to reduce the impact of natural disasters and extreme weather, help solar, wind – and unlock energy. other clean energy sources by increasing grid reliability, flexibility and efficiency, and deploying innovative approaches to electricity transmission, storage and distribution.
The launch of the second round of the GRIP program follows the government’s announcements last month that $3.5 billion in prizes will be awarded to selected projects in the first round of the program.
The investments also include $2 billion in funding to be announced by the Environmental Protection Agency (EPA) through its Environmental and Climate Justice Community Change Grants program. Funded by the Inflation Reduction Act, the program supports community-driven projects that deploy clean energy, strengthen climate resilience, and build community capacity to respond to environmental and climate justice challenges.
Additional investments include $300 million through the Federal Emergency Management Agency’s (FEMA) Swift Current Initiative announcing $300 million aimed at helping communities affected by flooding during the 2022-2023 flood season become more resilient to future flooding , and $100 million through the Department of the Interior (DOI) for water infrastructure upgrades that promote drought resilience.
The new investments were announced with the release of the US Fifth National Climate Assessment (NCA5), a comprehensive report assessing the state of climate science and communicating the impacts of climate change on people, communities and ecosystems in the US.
“This assessment shows us in clear scientific terms that climate change is impacting all regions and all sectors of the United States. It shows that communities across America are taking more action than ever to reduce climate risk. It warns that more action is still urgently needed. We cannot be complacent.”
click here to access the National Climate Report.