The Inflation Reduction Act

From its beginnings as Build Back Better to its final passage as the Inflation Reduction Act (IRA), the U.S. passed the largest investment in climate action ever, putting the country on the path to cutting climate pollution 40 percent by 2030. Through the Justice40 initiative, for the first time in our nation’s history, the federal government has made it a goal that 40 percent of the overall benefits of certain federal investments will flow to communities that are marginalized, underserved, and overburdened by pollution. The IRA will help make that a reality.