Courtesy of NAA:
The U.S. Department of Commerce unveiled a $2.6 billion framework to invest in coastal resilience through President Biden’s Inflation Reduction Act (IRA). As part of the President’s Investing in America Agenda this initiative will support communities and people on the frontlines of climate change, dedicating nearly $400 million specifically for Tribal priorities and benefiting coastal and Great Lakes communities nationwide with an emphasis on environmental justice. Additional investments from the IRA will improve weather and climate data and services, support the Biden-Harris Administration’s America the Beautiful conservation initiative and strengthen NOAA’s fleet of research airplanes and ships that are used to study and collect data about the ocean and atmosphere.
The historic $2.6 billion investment in climate resilience and coastal communities will help ensure communities, especially Tribes and vulnerable populations, have the resources and support needed to prepare, adapt and build resilience to weather and climate events as well as strengthen workforce development, marine resources, nature-based solutions, conservation, regional partnerships and Tribal priorities. The IRA funds will complement the investments already outlined in the nearly $3 billion Bipartisan Infrastructure Law (BIL) funding, including the $562 million in Climate-Ready Coasts awards announced in April.
The $2.6 billion in climate investments will support coastal communities’ resilience to changing climate conditions through funding and technical assistance for capacity building, transformational projects that help protect communities from storms and flooding, the creation of quality climate-related jobs and improved delivery of climate services to communities and businesses. These programs include:
The IRA allocated $3.3 billion to NOAA, including the initiatives described above and $200 million that will support improvements in NOAA’s climate and data services, including: