RGGI Funds in Action: Insights into the Allocation of RGGI Proceeds

Since its inception in 2008, the Regional Greenhouse Gas Initiative (RGGI) has generated $8.3 billion in proceed for participating states. These proceeds are used by participating states to fund programs that advance clean energy, reduce emissions, and save consumers energy and money. This Report dives into the details of RGGI proceeds generation, spending, and reporting, aiming to show where investments are currently going toward and how these allocations contribute to reducing emissions and remedying inequitable impacts. It also identifies where gaps persist in RGGI states’ deployment of program proceeds and offers recommendations on RGGI proceeds investments including environmental justice prioritization, improved reporting, and enhanced governance structures.