Today marks the one-year anniversary of the Inflation Reduction Act (IRA) being signed into law - a historic moment for climate action in the United States. This legislation is the most significant federal initiative passed by Congress to combat the climate crisis and is a historic investment in American communities and technologies, and our planet. World Wildlife Fund (WWF) issued the following statement from Marcene Mitchell, Senior Vice President of Climate Change:
"Today we celebrate and can take stock of the progress made in the first year of the Inflation Reduction Act. The IRA is a launching point, a climate-action catalyst to reduce greenhouse gas emissions and ensure a more resilient and livable climate future. The law is galvanizing a clean energy transformation and puts the U.S. within reach of its commitments under the Paris Agreement. We must use this moment to leverage our accomplishments to raise the bar higher.
"We enter a critical implementation phase for the IRA as funds are distributed and must ensure its funding reaches communities and individuals that it is designed to help. Climate solution investments are investments in people and our planet. These funds are spurring development and deployment of clean and efficient energy technologies and more such as supporting conservation, enhancing coastal resilience, and promoting climate-smart agriculture. We are on a path to healthier and more just communities. We must maintain the momentum the IRA has provided, ensuring our climate goals are met in this decisive decade."
