The $27 billion Greenhouse Gas Reduction Fund (GGRF) in the Inflation Reduction Act—particularly the $14 billion National Clean Investment Fund and $6 billion Clean Communities Investment Accelerator—represents a once-in-a-generation opportunity to leverage private capital for investments in environmental infrastructure and nature-based solutions, but the groundwork needs to be laid now. This document summarizes the relevant GGRF funds and their applicability for nature-based solutions.

There has been unprecedented recent government investment in nature-based solutions. This document lays out a vision that describes why nature-based solutions are relevant and important to green banks' and community development financial institutions' climate- and community-driven missions, and what types of projects these institutions might support.