Climate Justice Starts with Credit Unions

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).

Inclusiv is proud to have been selected for a $1.87 billion CCIA grant to enable credit unions to deliver energy efficiency, electrification and solar access to consumers, homeowners and small businesses in low-income and disadvantaged communities. Through CCIA, Inclusiv will expand the training and technical assistance that has supported hundreds of credit unions to launch green lending programs and deliver capitalization grants to scale this lending across the country. Credit unions, with their deep expertise in serving low-income and disadvantaged communities, are uniquely positioned to deliver the financing that will help low-income credit union members lower their energy bills and improve their quality of life through GGRF.

Read the full op-ed at CUTimes.com.