The Biden administration announced on Friday that it will invest more than $3 billion in two government programs to assist towns in dealing with floods, wildfires, high heat, and other problems caused by climate change.
The Building Resilient Infrastructure and Communities (BRIC) program, which funds projects to protect people and infrastructure from natural disasters and the consequences of climate change, will nearly double in size to over $2.3 billion.
The Flood Mitigation Assistance program, which pays initiatives to reduce flood hazards for homes and communities, would see its funding increase fivefold to $800 million.
Some financing for the two FEMA programs will come from last year’s bipartisan infrastructure bill, with $700 million for the flood program and $200 million for BRIC. The remaining funds will come from FEMA’s Disaster Relief Fund.
“Chronic lack of investment in climate resilience has only made matters worse for America’s crumbling infrastructure,” FEMA Administrator Deanne Criswell said in a statement.
“Unfortunately, these issues are magnified in
Historically underserved neighborhoods
” Through the funding “we seek to correct this injustice and ensure that every community is better able to prepare before disasters strike,” Chriswell said.
Hurricane Ida slammed Louisiana as a Category 4 storm last year, killing almost 100 people and causing an estimated $64 billion in damage, in just one example of the type of tragedy that experts think is exacerbated by climate change.
According to the White House, the highest range of climate change’s impact on the US budget by the end of the century may total a 7.1% yearly revenue loss, or $2 trillion in today’s money.