The 22 small businesses and nonprofits receive between $75,000 to $250,000 and focus on areas such as renewable energy electric vehicles and green stormwater.
City of Chicago has announced the recipients of Climate Infrastructure Fund grants to help Chicago neighbourhoods transition to a green economy and combat the effects of climate change.
The grants are funded by proceeds from a 2021 City of Chicago bond issue associated with the Chicago Recovery Plan. Total funding to be disbursed is approximately $3.7m.
The 22 small businesses and nonprofits receive between $75,000 to $250,000 each and focus on areas such as renewable energy and fossil-free energy efficiency investments, electric vehicles and charging stations, green stormwater management upgrades and other improvements that promote neighbourhood resiliency. Total project costs are estimated at $5.1m.
“These Climate Infrastructure Fund grants mark a significant stride towards a greener, more resilient Chicago, aligning with our city’s commitment to reducing carbon emissions by 62 per cent by 2040,” said mayor Brandon Johnson. “By supporting these innovative projects, we are not just addressing climate change but fostering a healthier and more sustainable future for our communities.”
Renewable energy and efficiency projects include:
Electric vehicle related projects include:
Green infrastructure projects include:
“Nearly 70 per cent of Chicago’s greenhouse gas emissions are from buildings,” said Department of Environment commissioner and chief sustainability officer Angela Tovar.
“The Climate Infrastructure Fund provides essential funding for small businesses and nonprofit organisations to adopt clean energy strategies that will result in lowering emissions across Chicago while reducing operating costs, improving indoor air quality, and increasing comfort for building occupants.”
“By supporting these innovative projects, we are not just addressing climate change but fostering a healthier and more sustainable future for our communities”
Finalists were selected from 88 proposals submitted during a six-month application period last year. Proposals were reviewed by an advisory committee consisting of climate and nonprofit professionals and City staff, and evaluations were based on a variety of factors including neighbourhood equity, climate impact, readiness and community benefits, among others.
A previous funding round announced in May 2023 awarded Climate Infrastructure Fund grants valued at $6.2m for 32 businesses and nonprofits.
In addition to Climate infrastructure grants, Johnson has announced more than 50 additional awardees for grants involving equitable transit-oriented construction, community development and historic preservation.
Why not try these links to see what our SmartCitiesWorld AI can tell you.
(Please note this is an experimental service)
How do heat pump installations improve energy efficiency in transitional homes?What impact do solar arrays have on reducing facility electricity consumption?How can electric vehicle fleets contribute to lowering urban carbon emissions?In what ways do green stormwater projects enhance neighborhood climate resilience?What criteria determine grant selection for climate infrastructure projects?