The implementation of federal investment from the American Rescue Plan Act (ARPA), Infrastructure Investment and Jobs Act (IIJA), and Inflation Reduction Act (IRA), in addition to Biden-Harris Administration executive actions on advancing racial equity and addressing the climate change crisis through executive order, represents a major catalytic moment for state and local governments and communities across the United States.
There is a huge opportunity and urgent need for philanthropy and philanthropy serving organizations to support community to influence and unlock trillions of infrastructure dollars in ways that actualize the climate and racial justice commitments of the Biden-Harris Administration. State, tribal, and local government leaders will ultimately determine how most federal funding will be invested.
How and where these funds are deployed will determine whether the new policies are truly transformative—putting the U.S. on a path towards a more just, clean energy transition that builds momentum for even greater action—or becomes a short-lived era of stimulus programs with limited emission reductions that reinforce decade-old patterns of infrastructure projects harming people of color and low-wealth individuals and communities.
This roundtable conversation will share ways that regional, state, and national PSOs are playing a leadership role organizing foundations in their communities to support equitable implementation of federal resources and explore what more they can be doing in the future.