As part of a broader effort to fight global warming, President Obama will propose in his 2015 budget a new $1 billion “climate resilience” fund, the White House said.
The effort is designed to spur new research into how communities and infrastructure can be better prepared for the impacts of climate change and to fund new technologies “that will make us more resilient in the face of changing climate,” the administration said.
More details about the fund will be released when the president unveils his 2015 budget next month.
“The president believes that we must do more to help communities across the country become more resilient to the effects of climate change,” the White House said in a statement. “Recent events have reinforced our knowledge that our communities and economy remain vulnerable to extreme weather and natural hazards.”