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CleanTechies
🚨 SPECIAL EP: #173 Breaking Down GGRF and $20B into ClimateTech w/ Franz Hochstrasser (Raise Green, S2 Strategies)
Apr 24, 2024
Franz Hochstrasser, a climate financing expert, discusses the Greenhouse Gas Reduction Fund and democratizing climate investment. He shares insights on financing projects in low-income areas, the need for a national green bank, and negotiating the Paris Agreement. The podcast highlights empowering communities through inclusive climate-friendly financing and successful examples of community-driven climate projects.
33:27
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Quick takeaways
- The Greenhouse Gas Reduction Fund (GGRF) is a $27 billion program aiming to finance and deploy climate technologies at scale, focusing on reducing emissions and benefiting low-income communities.
- Green banks play a crucial role in funding climate projects, providing patient capital and expertise, while GGRF ensures benefits flow to disadvantaged communities, reducing energy burdens.
Deep dives
Overview of the Greenhouse Gas Reduction Fund (GGRF)
The Greenhouse Gas Reduction Fund (GGRF) is a $27 billion program initiated to finance and deploy climate technologies at a meaningful scale. The GGRF focuses on reducing greenhouse gas emissions, ensuring benefits reach low-income communities, and leveraging public and private investments to create a sustainable clean energy ecosystem. Administered by the Environmental Protection Agency, the GGRF under Jahi Wise's leadership and with EPA Director Michael Regan aims to establish a new clean energy finance model in the US by providing three tiers of financing.
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Discover
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