📢 This week our Executive Director Christine Billy and Senior Legal Fellow Nathaniel Mattison filed comments to NYS Department of Environmental Conservation and NYSERDA regarding how to spend the state's Climate Investment Account, emphasizing the need to act at speed and scale to meet the state's climate goals and promote environmental justice. Specifically, they urged NYSDEC and NYSERDA to:
✏️ Align their recommendations for spending the Climate Investment Account’s funds with the overall framework of the state’s Scoping Plan, which contemplates a comprehensive and coherent state strategy to drive down New York’s GHG emissions at speed and scale, utilizing a combination of complementary regulatory, market-based, and financial investment policy levers;
✏️ Model and disclose how different funding allocations will influence GHG and co-pollutant reductions across economic sectors, geographies, and the state economy as a whole;
✏️ Allocate funds so that the benefits of those investments accrue to disadvantaged communities in compliance with the state climate law (CLCPA), and develop a clear rubric for understanding and tracking benefits to those communities; and
✏️ Give detailed consideration to how funds will be delivered, including how to address structural barriers to ensure that GHG and co-pollutant reductions are achieved equitably and efficiently.
Check out the full comments here: https://lnkd.in/eGYDim7R