Obama Picks Up the Resilience Buzz with $1 Billion Fund Proposal

President Obama is in California today to pitch a $1 billion “resilience fund” to help communities dealing with the weather impacts of climate change—including the state’s current drought.

1 minute read

February 14, 2014, 1:00 PM PST

By James Brasuell @CasualBrasuell


Laura Barron-Lopez reports of a policy proposal expected from the Obama Administration during a trip to California today—a $1 billion “resilience fund” to address the impacts of climate change.

The fund, which would require congressional approval, "would invest in research to gather data on the impacts of climate change, help communities prepare for them and support innovative technologies and infrastructure to ready the country 'in the face of a changing climate,'" writes Barron-Lopez.

“The new fund — separate from Obama's climate agenda announced in June — will be detailed in the president's 2015 budget, set for release next month.”

Friday, February 14, 2014 in The Hill

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