Financing network.

The White House is releasing $20 billion from the Greenhouse Gas Reduction Fund created under the Inflation Reduction Act to create a first-of-its-kind national clean energy financing network.

The funds, which EPA already received from Congress, will be given to 8 community-led financial institutions to finance clean energy projects in low-income communities across the country.

Amena H. Saiyid

Washington D.C. Correspondent