Green Grant Program Launched.

The funds will flow through what the EPA called "national financing institutions" that function as green banks. The first, the National Clean Investment Fund competition, will provide $14 billion to two to three nonprofit institutions that will partner with the private sector to provide accessible, affordable financing for clean technology projects. The Environmental Protection Agency announced two national competitions funded with $20 billion of grant money aimed at reducing greenhouse gas emissions primarily in underserved areas. [Extracted from the article]

Copyright of Bond Buyer is the property of Arizent and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)