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TBL Fund Receives Support From Wells Fargo for Its Financing Efforts in Tribal Communities

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TBL Fund has received a $100,000 grant from the Wells Fargo Foundation to enhance decarbonization and energy efficiency initiatives in Tribal Communities. The funding will support collaboration with the New Mexico Department of Indian Affairs to develop a sustainable energy program, providing clean energy access, energy efficiency, and resiliency technologies to Tribal Nations in New Mexico.

The program aims to reduce carbon footprints and promote energy sovereignty in Tribal communities, with plans to expand to surrounding states. TBL Fund's goals include expanding services to all U.S. states and territories, targeting to serve over 100,000 low-income households annually.

Il TBL Fund ha ricevuto un contributo di 100.000 dollari dalla Wells Fargo Foundation per migliorare le iniziative di decarbonizzazione e di efficienza energetica nelle Comunità Tribali. Il finanziamento sosterrà la collaborazione con il Dipartimento degli Affari Indiani del New Mexico per sviluppare un programma di energia sostenibile, fornendo accesso a energia pulita, efficienza energetica e tecnologie di resilienza alle Nazioni Tribali nel New Mexico.

Il programma mira a ridurre l'impronta di carbonio e a promuovere la sovranità energetica nelle comunità tribali, con piani di espansione negli stati circostanti. Gli obiettivi del TBL Fund includono l'espansione dei servizi in tutti gli stati e territori degli Stati Uniti, mirando a servire oltre 100.000 famiglie a basso reddito annualmente.

El TBL Fund ha recibido una de la Wells Fargo Foundation para mejorar las iniciativas de descarbonización y eficiencia energética en las Comunidades Tribales. La financiación apoyará la colaboración con el Departamento de Asuntos Indígenas de Nuevo México para desarrollar un programa de energía sostenible, proporcionando acceso a energía limpia, eficiencia energética y tecnologías de resiliencia a las Naciones Tribales en Nuevo México.

El programa tiene como objetivo reducir las huellas de carbono y promover la soberanía energética en las comunidades tribales, con planes de expansión a los estados circundantes. Los objetivos del TBL Fund incluyen la expansión de servicios a todos los estados y territorios de EE. UU., con el objetivo de servir a más de 100,000 hogares de bajos ingresos anualmente.

TBL 펀드는 웰스 파고 재단으로부터 10만 달러의 보조금을 받아 부족 공동체의 탈탄소화 및 에너지 효율성 이니셔티브를 강화합니다. 이 자금은 뉴멕시코 주 인디언 사무국과 협력하여 지속 가능한 에너지 프로그램을 개발하는 데 지원될 예정이며, 뉴멕시코의 부족 국가에게 청정 에너지 접근, 에너지 효율성 및 회복력 기술을 제공할 것입니다.

이 프로그램은 부족 공동체에서 탄소 발자국을 줄이고 에너지 주권을 증진하는 것을 목표로 하며, 주변 주로의 확장을 계획하고 있습니다. TBL 펀드의 목표는 미국 내 모든 주와 영토로 서비스를 확장하여 매년 10만 가구 이상의 저소득 가구를 지원하는 것입니다.

Le TBL Fund a reçu une de la Wells Fargo Foundation pour améliorer les initiatives de décarbonisation et d'efficacité énergétique dans les communautés tribales. Ce financement soutiendra la collaboration avec le Département des affaires indiennes du Nouveau-Mexique pour développer un programme d'énergie durable, fournissant un accès à une énergie propre, à l'efficacité énergétique et à des technologies de résilience aux Nations tribales du Nouveau-Mexique.

Le programme vise à réduire les empreintes carbone et à promouvoir la souveraineté énergétique dans les communautés tribales, avec des projets d'expansion vers les États voisins. Les objectifs du TBL Fund comprennent l'expansion des services à tous les États et territoires des États-Unis, avec l'objectif de servir plus de 100 000 foyers à faible revenu chaque année.

Der TBL Fund hat von der Wells Fargo Foundation einen Zuschuss in Höhe von 100.000 US-Dollar erhalten, um die Dekarbonisierungs- und Energieeffizienzinitiativen in den Stammesgemeinschaften zu verbessern. Die Finanzierung wird die Zusammenarbeit mit dem Ministerium für Indianerangelegenheiten von New Mexico unterstützen, um ein nachhaltiges Energieprogramm zu entwickeln, das den Stammesnationen in New Mexico den Zugang zu sauberer Energie, Energieeffizienz und Resilienztechnologien bietet.

Das Programm zielt darauf ab, den CO2-Fußabdruck zu reduzieren und die Energiesouveränität in den Stammesgemeinschaften zu fördern, mit Plänen zur Ausweitung auf angrenzende Bundesstaaten. Zu den Zielen des TBL Fund gehört die Ausweitung der Dienstleistungen auf alle Bundesstaaten und Territorien der USA, mit dem Ziel, jährlich über 100.000 einkommensschwache Haushalte zu unterstützen.

Positive
  • Secured $100,000 grant funding from Wells Fargo Foundation
  • Partnership with New Mexico Department of Indian Affairs established
  • Program scalability potential to expand to surrounding states
Negative
  • None.

NORTHAMPTON, MA / ACCESSWIRE / December 4, 2024 / Wells Fargo

TBL Fund is excited to announce that it was recently awarded a $100,000 grant from the Wells Fargo Foundation to expand its decarbonization and energy efficiency efforts for Tribal Communities. These funds will contribute to our efforts with the New Mexico Department of Indian Affairs in creating a sustainable energy program aimed at providing access to clean energy, energy efficiency, and resiliency technologies to Tribal Nations in New Mexico. With an ambition to expand to surrounding states, this program will reduce carbon footprints in Tribal communities and foster energy sovereignty. This unique opportunity leverages our expertise in renewable energy solutions to create significant market impact and drive community development. This pilot program's innovative approach will set the stage for future projects across the country.

"Access to clean energy, energy efficiency and resiliency can open avenues for economic advancement and safeguard the opportunity to build generational wealth for all communities as the economy transitions," said Gregory Lopez, senior assistant vice president of sustainability philanthropy at Wells Fargo. "Through philanthropic support for organizations such as TBL Fund, we can help support historically marginalized communities gain access to affordable solutions."

TBL Fund is extremely thankful to Wells Fargo for the opportunity this grant provides. Our funding partners are crucial to our overall organizational goals, such as expanding to all U.S. states and territories and serving over 100,000 low-income households annually.

About TBL Fund

TBL Fund (www.tblfund.org) provides technical assistance and financing to drive energy efficiency and renewable energy (EERE) improvements for households living in multifamily affordable housing (MFAH) and disadvantaged communities (DAC). It provides customized solutions to its customers. To support and scale its efforts, TBL Fund collaborates with ICAST (International Center for Appropriate and Sustainable Technology), its project partner (www.icastusa.org).

View additional multimedia and more ESG storytelling from Wells Fargo on 3blmedia.com.

Contact Info:
Spokesperson: Wells Fargo
Website: https://www.3blmedia.com/profiles/wells-fargo
Email: info@3blmedia.com

SOURCE: Wells Fargo



View the original press release on accesswire.com

FAQ

What is the size of the grant TBL Fund received from Wells Fargo (WFC)?

TBL Fund received a $100,000 grant from the Wells Fargo Foundation.

What is the purpose of Wells Fargo's (WFC) grant to TBL Fund?

The grant aims to expand decarbonization and energy efficiency efforts for Tribal Communities, specifically supporting a sustainable energy program in New Mexico.

What are TBL Fund's expansion goals following the Wells Fargo (WFC) grant?

TBL Fund aims to expand to all U.S. states and territories, with a goal of serving over 100,000 low-income households annually.

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