NY LEG $21.5mn To Lower Emissions

On Jun. 26, NY LEG pledged more than $21.5mn to sequester carbon.

  • NY LEG Governor Hochul reported more than $21.5mn for nature-based solutions to lower emissions and sequester carbon with $8.5mn for carbon solutions, $13mn heat.
  • Provisions
  • $8.5mn has been awarded for Round 1 development of nature-based solutions to lower emissions, sequester carbon in Natural Carbon Solutions Innovation Challenge.
  • $13mn available in Round 2 of Challenge for projects to mitigate impacts of extreme heat and reduce building emissions with a focus on disadvantaged communities.
  • Round 1 funding when to seven projects with awards from $2.3mn to $516,000.
  • Round 2 projects now being sought for green cooling and carbon negative buildings.
  • Deadline
  • Applications will be accepted through Aug. 20, 2024; informational webinar will be held on Jul. 23, 2024, from 1:00 to 3:00 to provide more details on application process.

Regulators NY LEG
Entity Types CNSM; Corp
Reference PR, 6/26/2024; ESG;
Functions Compliance; Environment; Legal; Product Design
Countries United States of America
Products Corporate
Regions Am
Rule Type Final
Rule Date 6/26/2024
Effective Date 7/23/2024
Rule Id 217273
Linked to N/A
Reg. Last Update 6/26/2024
Report Section US Consumer

Last substantive update on 06/30/2024