June 6, 2023 — The Commerce Department has announced it will put $2.6 billion toward coastal climate resilience in funds from the Inflation Reduction Act (IRA).
The funds, announced on a Monday call with the press, will include about $400 million for tribal communities in support of habitat restoration, fish hatcheries and Pacific salmon, and those in the direct path of climate change.
Another $349 million will go specifically to climate resilience in fisheries, while another $60 million will go toward climate-resilience job placement and training.