Understanding the Greenhouse Gas Reduction Fund and Philanthropy’s Role in the Deployment of Funds to Disadvantaged Communities

This meeting will now be held Virtually on Zoom.

The Environmental Protection Agency’s Greenhouse Gas Reduction Fund (GGRF) is a $27 billion investment in climate and clean energy established by the Inflation Reduction Act. If equitably deployed, these funds can support transformative, community-led solutions at scale that reduce pollution and improve lives for a broad swath of Americans. Philanthropy has an important role to play in helping these grants and loans reach low-wealth communities and communities of color that are often left behind in federal funding opportunities. 

Please join the Green Funders Affinity Group to learn about the purpose and components of the GGRF including the National Clean Investment Fund, the Clean Communities Investment Accelerator and Solar for All. 

Representatives of local organizations that have applied for funding to benefit Maryland will describe each fund and their proposed strategy and share thoughts about barriers to community institutions accessing funding, and philanthropy’s role in supporting the infrastructure for equitable implementation of investments especially at the state and local levels. 

Our speakers will be: 

• Beth Bafford, Vice President, Syndications and Strategy, Calvert Impact 
• Amber Bell, Chief Strategy and Operations Officer, Opportunity Finance Network (OFN) 

This program is for MPN members and invited guests only.