It is important to note that these are estimates of gross investment needs in technologies that fall within GGRF priority project categories under a modeled scenario leading to net zero national GHG emissions by 2050. Estimated national investment needs by LIDAC status (2002 USD) The tables below provide more detail on our estimates. Investment needs for net zero-emissions buildings totaled USD 1.8 trillion through 2035, and distributed energy generation and storage needs (covering rooftop PV panels and lithium-ion batteries) totaled USD 448 billion. Zero-emissions transportation accounts for the largest share of total investment needs through 2035 at USD 6.8 trillion nationwide. Of this amount, USD 2.8 trillion (or 31%) will be needed in census tracts classified as LIDACs-in line with the share of the nation’s population in LIDACs. Our results indicate that nationwide investment needs in GGRF priority project categories add up to USD 9.1 trillion through 2035. It also complements our analysis and final recommendations on actions to help meet these investment needs: Harnessing the transformative potential of the GGRF. This data map extends our previous estimates of GGRF-related investment needs by covering more technologies that fit within the three GGRF priority project categories and by covering investment needs in Alaska and Hawaii (our earlier estimates only covered the continental United States). The Environmental Protection Agency and other federal, state, and local agencies may use the data to align other programs and funding to support the success of the GGRF.For example, they may use data on investment needs across project types to inform the allocation of GGRF funds in particular census tracts in which they are active. GGRF intermediaries or coalitions may use it to develop a baseline for allocating any GGRF funding received across geographies and project types.GGRF intermediaries may use it to identify LIDACs in their areas of operations that have high investment needs in GGRF priority project categories.We see at least three specific use cases for the investment needs data map: Below, we describe potential uses of the data in more detail, give an overview of the aggregate results of the data analysis, and provide an overview of the methodology used to create the data map.ĬPI is also happy to provide access to a datafile containing the full, census tract-level estimates upon request please contact Chris Grant ( and Matthew Solomon Potential uses of the data map We intend for data map to help GGRF applicants and awardees effectively allocate funding both geographically and across project types. The data map also identifies census tracts that qualify as LIDACs under the GGRF program’s definition. These estimates are based on Evolved Energy Research’s Annual Decarbonization Perspective 2023 (ADP 2023). Distributed energy generation and storage,. The three priority project categories, applicable to the GGRF’s Clean Communities Investment Accelerator and National Clean Investment Fund, are: census tract, in order for the country to reach net zero GHG emissions by 2050. To achieve the dual goals of the GGRF-to reduce emissions and to benefit low income and disadvantaged communities-the EPA, applicants seeking GGRF grants, and the ultimate grant awardees will need data, analysis, and best-practice models to refine their strategies and implement the public resources effectively.ĬPI has prepared a data map displaying estimated investment needs in GGRF priority project categories and in each U.S. Environmental Protection Agency (EPA), will provide USD 27 billion in grants to state, local, and tribal governments as well as not-for-profit financial institutions to mobilize financing for projects that reduce greenhouse gas (GHG) emissions, particularly where the benefits of such projects flow to low-income and disadvantaged communities (LIDACs). The Greenhouse Gas Reduction Fund (GGRF) represents an historic investment in climate resilience and equitable economic development in the United States.
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