Frequently Asked Questions about the National Clean Investment Fund (NCIF) and Climate United’s Strategy
As of April 25, 2025
Disclaimer: The information contained in these FAQs is based on our current knowledge of the program parameters. We are continually receiving updated guidance, so all information is subject to change. Thank you for your patience as we digest, translate, and disseminate new information as it becomes available.
About Climate United
Climate United is a national coalition of non-profit financial institutions investing in solutions that tackle our nation’s toughest economic and environmental challenges. We remove financial barriers to clean technologies so every American can benefit from good-paying jobs, lower energy bills, and cleaner air and water.
Passed in August, 2022, the Inflation Reduction Act authorized the U.S. Environmental Protection Agency (EPA) to implement the Greenhouse Gas Reduction Fund (GGRF) —a historic $27B program that leverages financing to cut pollution while generating health and economic benefits for low-income, rural, and underserved communities.
In April, 2024, Climate United was awarded $6.97B from the $14B National Clean Investment Fund (NCIF), part of the GGRF.