PCEF's Climate Investment Plan: A Bold Step For Environmental Justice

December, 2023

In the pursuit of a sustainable future, the Portland Clean Energy Fund (PCEF) has embarked on a groundbreaking journey through its Climate Investment Plan (CIP). This visionary initiative has earmarked $750 million over five years to propel Portland toward its net-zero carbon emissions goal by 2050. As an unwavering advocate for environmental justice, Verde has been at the forefront of this initiative since day one.

The Climate Investment Plan Unveiled

PCEF's commitment to addressing climate change and fostering environmental justice has been manifested through the Climate Investment Plan, a bold and visionary blueprint. With a substantial investment of $750 million over five years, averaging $150 million annually, the plan aims to fortify the most vulnerable communities against the impacts of a changing climate.

Verde's Vision Embedded in the Plan 

Verde's involvement in the Climate Investment Plan has been steadfast since its inception. As an environmental justice nonprofit, our mission is centered on empowering and uplifting communities disproportionately affected by environmental challenges. The vision of the Climate Investment Plan (CIP) harmonizes seamlessly with our dedication to prioritizing those most affected by climate change, placing them not merely as considerations but as leaders in planning and decision-making processes. Verde takes immense pride in standing alongside impactful groups such as the Asian Pacific American Network of Oregon (APANO), the Coalition of Communities of Color, NAACP Portland Branch 1120, the Native American Youth & Family Center (NAYA), and OPAL Environmental Justice Oregon in this collective effort.

The heart of the CIP lies in its focus on the communities we serve. Recognizing that climate change disproportionately affects marginalized populations, the plan prioritizes investments that enhance the resilience of these communities. From sustainable infrastructure projects to community-led initiatives, the CIP aims to build a foundation for lasting change where environmental justice is not just a goal but a lived reality.

Verde's Integral Role in Shaping the Plan

Verde has played a pivotal role in shaping the Climate Investment Plan, bringing forth the voices and perspectives of the communities we serve. Our team has actively engaged in collaborative efforts, advocating for solutions that address the unique challenges faced by frontline communities. Through community forums, consultations, and partnerships, Verde has ensured that the CIP reflects the nuanced needs of those who have historically borne the brunt of environmental injustices. The focus on frontline community-facing organizations in the steering committee underscores the importance of community-driven solutions and representation in crafting policies that directly affect them.

As the Climate Investment Plan progresses, Verde stands proud of the milestones achieved. The plan is not just a set of strategies on paper but a testament to the power of community-led environmental justice movements. Through the CIP, we have witnessed the transformation of aspirations into concrete actions that will benefit generations to come.

The Climate Investment Plan spearheaded by the Portland Clean Energy Fund is a beacon of hope in the fight against climate change, emphasizing equity and justice. Verde's unwavering commitment, from the formulation of the plan to its implementation, underscores the significance of community involvement in shaping a sustainable future. As we celebrate the strides made through the CIP, let us remain dedicated to the vision of a world where every community, regardless of its socio-economic standing, can thrive.

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