"To date, the fund has allocated $1.71 billion in grants for climate projects. This year, the fund is set to dole out more than $60 million for climate projects in its latest round of grants to nonprofits. The funding will help pay for 59 nonprofit-led projects addressing a range of climate issues, from energy efficiency in homes to transportation emissions."
"The city has calculated the grant-funded projects will result in a lifetime reduction of roughly 76,200 metric tons of carbon dioxide equivalent. That's about equal to the carbon emissions generated in one year by roughly 17,770 gas-powered cars. However, PCEF leaders say the project benefits to Portlanders extend beyond greenhouse gas reduction, with anticipated benefits including improved indoor air quality, connection to living-wage jobs, and access to high-quality, fresh foods."
Portland's Clean Energy Community Benefits Fund (PCEF) has allocated $1.71 billion in grants and will distribute more than $60 million in its latest round to nonprofits. The grants will fund 59 nonprofit-led projects addressing energy efficiency, transportation emissions, and other climate issues. Funding prioritizes low-income communities and Portlanders of color, who are particularly vulnerable to climate impacts. Projected lifetime greenhouse gas reductions total roughly 76,200 metric tons of CO2 equivalent, comparable to one year of emissions from about 17,770 gas-powered cars. Anticipated co-benefits include improved indoor air quality, connections to living-wage jobs, and access to high-quality fresh foods. The program is funded by a 1 percent tax on large retailers.
Read at Portland Mercury
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