FACT SHEET: Biden-Harris Administration Takes Action to Expand Access to Capital for Small- and Medium-Sized Climate Businesses
Through President Biden’s Investing in America agenda, the U.S. is making the largest public investment in climate action in history. The Bipartisan Infrastructure Law and Inflation Reduction Act, the largest-ever investment in climate action, introduced and expanded grants, loans, tax incentives, and other programs to accelerate clean energy deployment, invest in resilience, and seed breakthrough innovative technologies. Combined with unprecedented executive action, these investments are setting the United States on a path to achieve President Biden’s ambitious climate goals — including cutting greenhouse gas emissions in half by 2030 and reaching net zero by 2050. President Biden’s historic economic policies have spurred unprecedented levels of private investment into America’s clean energy economy. Since the start of the Biden-Harris Administration, the private sector has announced $866 billion in new investments in clean energy and manufacturing. Read the entire brief here: https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/30/fact-sheet-biden-harris-administration-takes-action-to-expand-access-to-capital-for-small-and-medium-sized-climate-businesses/