On August 16th, 2022, the Inflation Reduction Act (IRA) was signed into law by the Biden-Harris Administration. This historic piece of climate legislation is unprecedented in the amount of funding dedicated towards climate and clean energy programs. Now more than ever before, climate risk is gaining momentum as one of the most pressing issues facing businesses and communities around the world. This anniversary comes at a point where the U.S. is preparing for a change in administration during the November presidential election and faces challenges from the Supreme Court regarding regulations from federal agencies like the EPA.
During this crucial moment, we must take the time to reflect on the foundation set by the IRA, address challenges and opportunities, and look forward to which programs and issue areas are at the forefront of the national and international conversations on climate change and clean energy.