Greenhouse Gas Reduction Fund: National Clean Investment Fund
Environmental Protection Agency
The Inflation Reduction Act (IRA) amends the Clean Air Act to include Section 134 (42 USC § 7434), which authorizes the EPA to make competitive grants under the National Clean Investment Fund. The National Clean Investment Fund is currently funded by two separate appropriations to make competitive grants to eligible recipients: $11.97 billion from Section 134(a)(2) and $2 billion from Section 134(a)(3) (out of $8 billion provided in Section 134(a)(3)). The National Clean Investment Fund implemen
Jargon-free version
Helps nonprofit financing groups provide affordable loans for clean technology projects. Aims to support thousands of projects across the country.
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What Is This Program?
What Benefits Are Offered?
Historically, this program provided significant grant funding for greenhouse gas reduction and clean energy initiatives, distributed through pass-through entities. However, all associated funding was rescinded, and the program formally terminated by the EPA and Congress in 2025 due to serious concerns regarding self-dealing, conflicts of interest, unqualified recipients, and reduced agency oversight.
Who Is Eligible?
Industries: clean energy, climate change mitigation, environmental technology
Region: United States
Other Criteria: nonprofit organizations, Non-Governmental Organizations (NGOs), pass-through entities
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FAQFrequently Asked Questions
Visit the program page for detailed eligibility requirements.
This program offers funding up to $6,970,000,000 (minimum $2).
This program accepts applications on a rolling basis.
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