Climate Finance

Climate Finance

Alliance members are integrating climate change into legislative budget requests and financial decision-making to ensure that state stewardship of public capital is aligned with achieving a net-zero future. 

Member Action

Climate Finance

Below are tallies of the number of members that have adopted or are in the process of adopting statutory and executive policies and actions.

For the most up-to-date, in-depth breakdown of climate finance actions across our membership, explore the Alliance Policy Database.

Alliance Policy Database

Did You Know?

  • Pioneered at the state and local levels, green banks have helped reduce barriers to financing billions of dollars’ worth of clean energy projects, helping governments make progress towards achieving their climate goals.
  • Mitigating and adapting to climate change will require substantial reform of the financial system, including reorienting the long-term investment of public dollars, revising insurance regulation, and adjusting management of banks and lenders.

Sources: Environmental Protection Agency; The White House

Member Spotlight

New York Creates Climate Division Within State Department of Financial Services

In November 2021, the New York State Department of Financial Services established a new Climate Division to ensure banks and insurers integrate the consideration of financial risks from climate change into governance frameworks, risk management processes, and business strategies.

Source: New York State Department of Financial Services

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U.S. Climate Alliance Provides Input on Design and Deployment of EPA Climate Pollution Reduction Grants

January 2023

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U.S. Climate Alliance Provides Input on Design and Deployment of EPA Climate Pollution Reduction Grants

January 2023

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Press Release | 2023

The U.S. Climate Alliance today called on the Biden administration to move swiftly on more than 20 specific federal climate actions that will support states and accelerate America’s transition to a net-zero future.
U.S. Climate Alliance Recommends Federal Executive Actions to Speed America's Net-Zero Transition

The U.S. Climate Alliance submitted a letter to President Biden outlining more than 20 specific actions

Press Release | 2022

The Inflation Reduction Act of 2022 makes meaningful investments in state climate action, providing critical resources to accelerate state leadership in tackling greenhouse gas emissions and protecting Americans from climate impacts. | The White House via Flickr
U.S. Climate Alliance Applauds Final Passage of the Inflation Reduction Act of 2022

The bill makes meaningful investments in state climate action.

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