Investing in a clean energy future
While the Infrastructure Investment and Jobs Act (IIJA) is focused on fixing and upgrading our nation’s infrastructure networks, the $20 trillion1 U.S. economy also relies private sector contributions to our infrastructure resources. Acknowledging that this sector represents over 40 percent2 of the world’s greenhouse gas emissions, meeting the federal government’s economy, social equity, climate resilience and sustainability goals also requires supporting and enabling investment in commercial assets.
The Inflation Reduction Act (IRA), a.k.a. the Climate Act, was signed into law on August 16, 2022. Its purpose is to address inflation, while further supporting a reduction in carbon emissions by roughly 40 percent by 2030 through grants and tax credits in domestic energy production and manufacturing.
IRA aims to reduce inflation via loans, grants, tax credits and rebates.
Investments across energy security and climate change, Affordable Care Act extension, and western drought resiliency.
Expected deficit reduction over a decade.
Total funding allocated for various loans, grants, technical assistance programs across sectors.
Projects that target climate resiliency, sustainability, healthcare, reduction of emissions and use of natural resources.
Includes states, tribes, local governments, governmental agencies, NPOs, institutes of research / higher education.
A new era in infrastructure
Federal funding is transforming what we build and how we build it.
Infrastructure funding success
The opportunities are historic. So are the responsibilities.
We have extensive infrastructure funding knowledge to share. Please visit our Infrastructure funding success for more information on how we can help.