New York :Unveiled at the Clinton Global Initiative 2024 Annual Meeting, this catalytic pooled fund is designed to accelerate tribal clean energy projects by covering upfront costs typically overlooked by federal funding. Over a third of the total funding has already been pledged, and the initiative aims to reach its full goal by the end of 2025. This funding will help Native American tribes and Alaska Native communities navigate financial barriers that often impede the rollout of clean energy projects.

“We are honored to be a founding collaborator for the Indigenous Power and Light Fund. This fund will empower tribes to take control of their energy futures, fostering economic development, energy sovereignty, and leadership in the transition to a clean energy economy,” stated Carrie Doyle, environment program officer at the Hewlett Foundation. “It will serve as a beacon of hope and essential support for Native communities on their journey toward a clean energy future.”

Chéri Smith, president and CEO of the Alliance for Tribal Clean Energy, expressed gratitude for the support from the Clinton Global Initiative and philanthropic partners: “This fund has the potential to drive transformative change in tribal communities nationwide. By emphasizing tribal ownership and control, it ensures that the benefits of clean energy initiatives flow directly to these communities, enhancing economies, self-determination, and genuine sovereignty. Most importantly, these projects offer much-needed hope in tribal areas, where such optimism is often in short supply.”