Ilmi Granoff

Nov 18, 2024 | heatmap.news | Ilmi Granoff

The optimistic case for the Inflation Reduction Act — even under a Trump presidency, even with a Republican trifecta in Washington — rests on a “public investment first” view of climate policy. Public investment in the clean energy economy is not merely a second-best policy option to carbon pricing or other punitive regulations, the argument goes, but instead the first-best option in the marathon of politically durable decarbonization. I am an outspoken proponent of this view.

Apr 18, 2024 | publicenterprise.org | Chirag Lala |Ilmi Granoff

By Ilmi Granoff and Chirag LalaFor the first time in history, the United States is implementing a national green bank program: on April 4, 2024, the Biden-Harris Administration announced the recipients of $20 billion in grant money from the Greenhouse Gas Reduction Fund (GGRF) out of a total $27 billion. There has been over a decade of advocacy by the Coalition for Green Capital and others for green banks, alongside proposals for even more comprehensive and public development banking options.

Apr 5, 2024 | rooseveltinstitute.org | Ilmi Granoff

It’s a big week for green bank champions. On Thursday, the Environmental Protection Agency announced $20 billion of awards from the $27 billion Greenhouse Gas Reduction Fund (GGRF) created under the Inflation Reduction Act. Three applicants were selected under the $14 billion National Clean Investment Fund, and five were selected under the $6 billion Clean Communities Investment Accelerator.