Nonprofit organizations awaiting $20 billion for climate change initiatives are experiencing financial hardships due to their bank accounts being frozen by Citibank. This action followed allegations of potential fraud suggested by EPA administrator Lee Zeldin, despite a federal prosecutor's determination of insufficient evidence for a grand jury investigation. Climate United, a key recipient of $7 billion to support other organizations, reports challenges with payroll and funding distribution, while raising concerns about maintaining crucial project relationships. The situation escalates as inquiries and investigations continue without substantial evidence to support the freeze.
Two weeks after their bank accounts were frozen amid a swirl of investigations by the Trump administration, nonprofit organizations that were supposed to receive $20 billion to help curb climate change are still unable to withdraw money, raising concerns about their ability to pay staff.
Climate United, which received almost $7 billion under the program to distribute to other organizations, said Tuesday that it is struggling to make payroll, and individual project developers cannot withdraw the money they were promised.
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