Small businesses and nonprofits are eligible for a $5 million fund designed to help the city reach its emissions reduction goals.
A new grant program from the city of Chicago will fund climate projects by small businesses and organizations. As Danielle McLean writes in Smart Cities Dive, the fund is part of the city’s effort to reduce its carbon emissions by 62 percent by 2040.
The $5 million Climate Infrastructure Fund will help small businesses and nonprofits pay for renewable energy and energy efficiency improvements in buildings, purchase electric vehicles and install EV charging stations, and enable green infrastructure solutions that capture stormwater and reduces onsite flooding, the city stated in a press release.
According to the press release, applications will be judged based on “climate mitigation and resilience factors, equity impact, and project readiness.”
FULL STORY: Chicago launches climate infrastructure fund for nonprofits, small businesses
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