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Classified in: Oil industry, Environment
Subject: AWD

Just Transition Fund Invests $3M to Build the Pipeline of Locally Led Projects Through Inaugural "Coal Communities Get Ready! Challenge" Winners


CHARLOTTESVILLE, Va., Sept. 18, 2024 /PRNewswire/ -- The Just Transition Fund (JTF), the only national philanthropic initiative focused solely on coal community economic transition, is pleased to reveal its inaugural cohort of "Coal Communities Get Ready!" Challenge winners. Through the JTF's Federal Access Center, this initiative supports organizations in developing bold ideas to transform their local economies and prepare to apply for and manage federal investment within one year.

The 12 winners are located in hard-hit coal communities throughout the U.S, in areas experiencing economic distress.

The 12 winners are located in hard-hit coal communities throughout the United States and will receive a one-year award, valued at $250,000, that includes grants for capacity support and customized technical assistance to help build readiness to apply for complex federal funds at the end of the grant period.

"Local leaders in coal communities have ambitious ideas to transform their economies. What they often lack are the resources and technical assistance to bring ideas to reality and then help them scale," said Heidi Binko, Co-Founder and Chief Executive Officer of the Just Transition Fund. "It takes capacity, expertise, and experience to access federal resources. We designed the Coal Communities Get Ready! Challenge to provide this needed capacity and build the pipeline of the next generation of innovative, community-led projects that have the potential to spark economic revitalization."

The JTF prioritized funding visionary projects with the potential to generate significant economic impact, produce measurable outcomes, and serve as models for other communities in transition. Funded projects will focus on building toward federal investment by connecting rural and urban markets, stimulating entrepreneurship, training workers for careers in the new economy, and planning for transition amid a plant or mine closure. Winning projects span a range of projects including community planning, and sectors including tourism, clean energy, agriculture, manufacturing, and healthcare.

The 2024 Coal Communities Get Ready! Challenge Cohort Winners include:

More than 70 organizations applied to be part of the inaugural cohort, with 12 winners selected. Eligible organizations included 501(c)3 organizations, local, county, and Tribal governments in coal-affected areas, that have little or no experience applying for federal funding, with priority given to community-based organizations in areas experiencing the greatest economic distress.

As a hybrid initiative - part grantmaker, part catalyst - the JTF supports locally led initiatives that empower coal-dependent communities to navigate complex transitions and promote sustainable, equitable, and low-carbon solutions for a resilient future. Through its Federal Access Center, the JTF helps coal communities overcome barriers to accessing historic amounts of federal funding to strengthen and diversify local economies.

About the Just Transition Fund
The Just Transition Fund (JTF) launched in 2015 to help communities secure funding through the Obama administration's POWER Initiative, the first federal program aimed at helping communities impacted by the changing coal economy. The JTF has since evolved its approach to catalyze and support the national just transition movement more broadly, while helping more communities tap into an expanding number of federal funding opportunities. The JTF has developed a proven approach utilizing complementary grantmaking, technical assistance, and field-strengthening strategies, all of which are informed by a belief that the most sustainable solutions come from local leaders and are built from the ground up.

For more information, visit justtransitionfund.org or follow on X and LinkedIn.

SOURCE Just Transition Fund


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