STOCK TITAN

The PG&E Corporation Foundation and PG&E Offering $900,000 in Grants for Environmental Stewardship and Climate Resilience Projects

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
PG&E Foundation and Pacific Gas and Electric Company Announce $900,000 Grants for Environmental Stewardship and Climate Resilience Projects
Positive
  • None.
Negative
  • None.

Open to Government, Educational, Nonprofit Organizations; Deadline to Apply is June 7

OAKLAND, Calif., April 10, 2024 /PRNewswire/ -- The PG&E Corporation Foundation (PG&E Foundation) and Pacific Gas and Electric Company (PG&E) are now accepting applications for their Better Together Nature Positive Innovation and Resilience Hubs grant programs totaling $900,000 this year for projects and initiatives dedicated to environmental stewardship and climate resilience.  

Better Together Nature Positive Innovation Grant

For 2024, the PG&E Foundation's Better Together Nature Positive Innovation Grant program will award up to $500,000 total — in five $100,000 regional grants — to fund projects focused on land stewardship, air quality, and water stewardship. One grant will be awarded for each of PG&E's five regions: North Valley and Sierra, North Coast, Bay Area, South Bay and Central Coast, and Central Valley.

The Nature Positive Innovation Grant program, now in its third year, is part of a commitment to fund projects supporting environmental stewardship in communities PG&E serves across Northern and Central California. The program helps communities mobilize around and invest in solutions that address challenges facing the natural environment. The program is designed to support innovative and replicable resilient solutions that can be shared widely to build more sustainable habitats and communities.

Resilience Hubs Grant

In addition, the PG&E Resilience Hubs Grant program, now in its fourth year, is designed to help communities create a physical space or set of resources that supports community resilience — such as access to power, shelter, and information — to climate-driven disruptions, including wildfires and Public Safety Power Shutoff (PSPS) events. Once developed, these "resilience hubs" can also be accessed year-round as a community resource. [See a video of a climate-resilience project in Richmond.]

For 2024, the PG&E Resilience Hubs Grant program will award $400,000 total at both the $25,000 and $100,000 level. These grants will be funded by PG&E Corporation shareholders as part of PG&E's investments in statewide wildfire resiliency and response, in accordance with a mandate from the California Public Utilities Commission.

"Climate change is affecting our environment and communities today, and the impacts are accelerating," said Carla Peterman, Executive Vice President, Corporate Affairs and Chief Sustainability Officer for PG&E Corporation and Chair of the Board of The PG&E Corporation Foundation. "Our Nature Positive Innovation and Resilience Hubs grant programs are dedicated to helping the hometowns and customers we serve meet these challenges. Together, we can be stewards of our environment by developing forward-thinking, sustainable and equitable strategies benefitting our communities and setting examples that others throughout our state can follow."   

Priority for both grant programs will be given to projects that address the needs of disadvantaged and/or vulnerable communities. Strategies and solutions resulting from the grants will be made publicly available to help all communities and encourage local and regional partnerships.

Better Together Nature Positive Innovation proposals may cover any stage of an environmental stewardship project, including but not limited to planning, construction, design, education, and coordination.

Resilience Hub proposals may include conducting a feasibility analysis to assess resilience hub needs through local engagement, planning and design of physical spaces, mobile resources that will provide community resilience, or retrofits of existing buildings or structures to support community resilience.

To be eligible, applicants to either program must be a governmental organization (including tribal governments), educational institution, or 501(c)3 nonprofit organization. The deadline to apply for both grant programs is June 7, 2024.

About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.

About The PG&E Corporation Foundation
The PG&E Corporation Foundation is an independent 501(c)(3) nonprofit organization, separate from PG&E and sponsored by PG&E Corporation.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/the-pge-corporation-foundation-and-pge-offering-900-000-in-grants-for-environmental-stewardship-and-climate-resilience-projects-302113350.html

SOURCE Pacific Gas and Electric Company

FAQ

What is the PG&E Foundation and Pacific Gas and Electric Company offering through their grant programs?

They are offering a total of $900,000 in grants for projects and initiatives dedicated to environmental stewardship and climate resilience.

What is the focus of the Better Together Nature Positive Innovation Grant program?

The program will award up to $500,000 in regional grants for projects focused on land stewardship, air quality, and water stewardship.

How many regional grants will be awarded under the Nature Positive Innovation Grant program?

Five regional grants of $100,000 each will be awarded, one for each of PG&E's five regions.

What is the goal of the Nature Positive Innovation Grant program?

The program aims to fund projects supporting environmental stewardship in communities across Northern and Central California.

What is the Resilience Hubs Grant program about?

The Resilience Hubs Grant program is part of the initiative and focuses on investing in solutions for challenges facing the natural environment.

PG&E Corporation

NYSE:PCG

PCG Rankings

PCG Latest News

PCG Stock Data

54.96B
2.14B
2.73%
77.17%
1.32%
Utilities - Regulated Electric
Electric & Other Services Combined
Link
United States of America
OAKLAND