Official Site of The State of New Jersey

RGGI Strategic Funding

The New Jersey Department of Environmental Protection (NJDEP), the New Jersey Board of Public Utilities (NJBPU), and New Jersey Economic Development Authority (NJEDA) released the State’s first Regional Greenhouse Gas Initiative (RGGI) Strategic Funding Plan: Years 2020 through 2022. The Plan identifies the four initiatives the Agencies will invest the RGGI auction proceeds in for the years 2020 through 2022. The initiatives are:

1. Catalyzing Clean, Equitable Transportation;
2. Promoting Blue Carbon in Coastal Habitats;
3. Enhancing Forests and Urban Forests; and
4. Creating a New Jersey Green Bank.

These initiatives are aligned with Governor Murphy’s strategic vision for achieving 100 percent clean energy by 2050 and the Global Warming Response Act mandate of reducing state greenhouse gas emissions by 80 percent below 2006 levels. Information about specific funding opportunities for these initiatives will be released periodically through this website.