On the heels of the release of the fifth National Climate Assessment, which found that climate change is already taking a heavy toll on the US, President Biden is announcing $6 billion in investments to make the country more resilient, Time reports.
According to the Department of Energy, $3.9 billion of the funding will go to the Department of Energy to strengthen and modernize America's electric grid, while the other $2 billion will go to projects that will reduce flood risk to communities, support conservation efforts, and help communities deal with environmental justice challenges.
The investments are part of Biden's Climate Action Plan, which the White House says will help the US hit its goals of reducing carbon emissions by 32 million metric tons by 2030, while keeping the global average temperature from rising 3.6 degrees over pre-industrial levels.
"Not only is every region of the country already experiencing the impacts of climate change, but ambitious climate action is underway in every region as well," the NCA5 report states.
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Kiva, the leading online “microfinance” for good that enables individuals lend as little as $25 to help create opportunities for positive individual and communal transformations, is launching Kiva Labs.