Slots: An applicant that submits an application to this competition as an individual applicant or a lead applicant of a coalition may not submit an additional application to this competition as an individual applicant or a lead applicant of a coalition. However, an organization may participate in one or several coalition applications as a non-lead coalition member, even if the organization has submitted an application as an individual applicant or a lead applicant of a coalition.
Friday, August 18th, 2023, 5pm PT Contact RII.
External Deadline: October 12, 2023
Award Type: Grants or Cooperative Agreements
Estimated Number of Awards/ Anticipated Award Amount: EPA anticipates awarding $13.97 billion in funding through this opportunity, including $11.97 billion from the appropriation under Section 134(a)(2) of the Clean Air Act and $2.00 billion from the appropriation under Section 134(a)(3) of the Clean Air Act. EPA anticipates making 2–3 grant awards, depending on EPA funding levels, quality of applications received, EPA priorities, and other applicable considerations.
Who May Serve as PI: Consistent with Section 134(c)(1) of the Clean Air Act, an applicant that is eligible to receive a grant under the National Clean Investment Fund competition must be an “eligible recipient,” which is an organization that: (a) is a nonprofit; (b) is designed to provide capital, leverage private capital, and provide other forms of financial assistance for the rapid deployment of low- and zero-emission products, technologies, and services; (c) does not take deposits other than deposits from repayments and other revenue received from financial assistance provided using grant funds under this program; (d) is funded by public or charitable contributions; and (e) invests in or finances projects alone or in conjunction with other investors.
Process for Limited Submissions
PIs must submit their application as a Limited Submission through the Research Initiatives and Infrastructure (RII) Application Portal: https://rii.usc.edu/oor-portal/. Use the template provided here: RII Limited Submission Applicant Template
Materials to submit include:
- (1) Two-Page Proposal Summary (1” margins; single-spaced; standard font type, e.g. Arial, Helvetica, Times New Roman, or Georgia typeface; font size: 11 pt). Page limit includes references and illustrations. Pages that exceed the 2-page limit will be excluded from review. You must use the template linked above.
- (2) CV – (5 pages maximum)
Note: The portal requires information about the PIs in addition to department and contact information, including the 10-digit USC ID#, Gender, and Ethnicity. Please have this material prepared before beginning this application.
The National Clean Investment Fund will advance the three GGRF program objectives of reducing emissions of greenhouse gases and other air pollutants; delivering benefits to American communities, particularly low-income and disadvantaged communities; and mobilizing financing and private capital.
- Program Objective 1: Reduce emissions of greenhouse gases and other air pollutants.
Grantees will invest in projects, activities, and technologies that reduce emissions of
greenhouse gases and other air pollutants that harm communities and contribute to climate
change. Grantees will accelerate progress toward the climate goals of the United States,
including reducing greenhouse gas emissions 50-52 percent below 2005 levels in 2030,
reaching 50 percent zero-emission vehicles share of all new passenger cars and light trucks
sold in 2030, achieving a carbon pollution-free electricity sector by 2035, and achieving
net-zero emissions by no later than 2050.
- Program Objective 2: Deliver benefits of greenhouse gas- and air pollution-reducing
projects to American communities, particularly low-income and disadvantaged
communities.1 Grantees will ensure that the projects they invest in directly benefit
Americans by improving health outcomes, lowering energy costs, creating high-quality
jobs, and more. At least 40% of funds awarded under this competition must be used for the
purposes of providing financial assistance in low-income and disadvantaged communities.
- Program Objective 3: Mobilize financing and private capital to stimulate additional
deployment of greenhouse gas- and air pollution-reducing projects. Grantees will
mobilize financing and private capital for underinvested projects and underinvested
communities, which will demonstrate the market-wide opportunity for financial markets
and institutions to finance clean technology projects. As a result, grantees will spur market transformation, supporting market-wide accessibility of affordable financing for clean technology projects to multiply the impact of grant funds.
Visit our Institutionally Limited Submission webpage for more updates and other announcements.