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Climate Justice Starts With Credit Unions - Credit Union Times

Credit Union Times · last updated

Climate Justice Starts With Credit Unions

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The credit union movement's long history of serving as financial first responders is once again being recognized. With the help of a new federal program, the $27 billion Greenhouse Gas Reduction Fund(GGRF), credit unions are now poised to help their members in low-income and disadvantaged communities who are grappling with rising energy costs and challenges like extreme heat. GGRF is made up of three grant competitions: Clean Communities Investment Accelerator(CCIA), National Clean Investment Fund (NCIF) and Solar For All (SFA).

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Related Knowledge Center: Climate diplomacy

State of Play

Talks are well underway in preparation for the next major international meeting on climate change, 28th Conference of the Parties (COP28), scheduled to begin Nov. 30 in the United Arab Emirates. 

Much like last year’s COP27, finances — specifically, aid to developing nations — will be at the center of conference deliberations.

The conference faces an even greater sense of urgency brought on by the Sept. 8, 2023, release of the first global stocktake, which calls for accelerated action to meet the goals set in the 2015 Paris Climate Agreement (COP21). 

Climate diplomacy: COP 27 | Climate diplomacy: COP 28 | Climate diplomacy: COP 29

 

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