President Joe Biden announced that his administration is investing more than $2.6 billion to fight climate change and to help communities become resilient during a stop at the Lucy Evans Baylands Nature Interpretive Center and Preserve in Palo Alto on Monday, June 19.
Standing outside amid blustery winds, Biden announced the latest funding: nearly $600 million for climate resilience through the launch of the National Oceanic and Atmospheric Administration's “Climate Resilience Regional Challenge,” and $2 billion for building the electrical grid, a move that would also create jobs, he said.