
Maximizing Local Adoption of Inflation Reduction Act Clean Energy Incentives
GHG Reduction Fund Guidance
The Greenhouse Gas Reduction Fund (GGRF) is the single largest clean energy program in the IRA. It provides a total of $27 billion in clean energy and vehicle funding to recipients across the U.S. through its National Clean Investment Fund, Solar for All and Clean Communities Investment Accelerator grants. The magnitude of this opportunity cannot be understated, and ensuring that these funds are successfully deployed is a key priority for WRI’s U.S. Energy Program.
WRI is supporting GGRF awardees and their local government, lending institution and nonprofit partners as they utilize these funds to advance the equitable clean energy transition. This includes:
- Helping GGRF awardees and implementers use their funds in a way that encourages and complements the use of elective pay and other IRA incentives.
- Providing technical assistance to cities, states and school districts as they prepare projects.
- Providing technical assistance to awardees on business models, contractual arrangements, risk mitigation, due diligence and technology implementation as they design financial products for clean energy and vehicle projects.
- Advocating at the federal and state levels to address any implementation barriers that slow or prevent GGRF-driven progress.
- Measuring, tracking and communicating GGRF benefits to communities, especially underserved communities.
Read more in our Insights article. If you are interested in working with WRI on GGRF implementation, please sign up for our newsletter or reach out to Alex Dane (alexander.dane@wri.org) and Michelle Levinson (michelle.levinson@wri.org).