Local Finance Holds Discussion on Proposed Regulations for Inflation Reduction Act and Climate-Aligned Budgeting

Department of the Treasury Holds Virtual Event on Resources for State and Local Governments

Last week, the Department of the Treasury’s Office of State and Local Finance organized the fourth installment of its “Summer Series on Resources for the State, Local, and Tribal Government Climate Transition.” These monthly virtual convenings provide valuable insights into climate-oriented tools and resources for the municipal sector, featuring presentations from federal agencies, industry organizations, and academic institutions.

Key Discussions at the Event

During the fourth convening, participants included Treasury and federal agency staff, as well as representatives from trade associations, coalitions, think tanks, networks, and other organizations that support state, local, territorial, and tribal governments. The focus was on the recently released proposed regulations on Inflation Reduction Act provisions that are relevant to these governments. Additionally, the event highlighted tools available for local governments to implement ambitious climate plans.

Notable Speakers and Presenters

• Department of the Treasury Office of Tax Policy
• ICLEI–Local Governments for Sustainability USA

Treasury’s Commitment to Climate Transition

Treasury is dedicated to supporting state, local, territorial, and tribal governments as they navigate the challenges and opportunities arising from climate change and the climate transition.

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