The Inflation Reduction Act Allocates $16.7 Million for Innovations in Marine Technology

By Better Today On Jun 27, 2024

TL/DR –

The Department of Commerce and NOAA have announced $16.7 million in funding to support the development of new technologies and public-private partnerships focused on sustainability, biodiversity, and climate adaptation. The funding will be split across 12 awards as part of the Biden-Harris Administration’s Inflation Reduction Act and is aimed at establishing a sustained biodiversity research and observing system. The projects will provide data, tools, and information to understand the health and status of ecosystems, which is essential for coastal resilience and management, conservation, and alternative energy planning.

Funding boosts NOAA’s coastal resilience efforts

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The Dept. of Commerce and NOAA have announced $16.7 million funding for 12 new technologies and public-private partnerships as part of the Biden-Harris Administration’s Inflation Reduction Act, enhancing coastal resilience, sustainability, biodiversity, and climate adaptation. This is part of U.S. Integrated Ocean Observing System’s Marine Life and Ocean Technology Transition programs.

“We need advanced technologies for understanding our coastal ecosystems in order to tackle climate change nationwide,” said U.S. Secretary of Commerce Gina Raimondo.

The 12 awards recommended[PDF] are:

Delaware: The University of Delaware is expected to receive $1,750,000 to develop a Marine Biodiversity Observation Network for the Mid-Atlantic coast.

Delaware/Florida/Canada: The Shark Research Foundation to receive $1,750,000 to expand BioTrack for monitoring biodiversity hotspots.

Massachusetts: Woods Hole Oceanographic Institution is to receive $1,197,911 for real-time monitoring of harmful algal blooms.

Michigan: The Great Lakes Observing System and the University of Michigan are to receive funds for observing platforms and the Great Lakes Marine Biodiversity Observation Network.

Montana: The University of Montana will receive $935,976 to develop a system for pH and alkalinity measurements to assess ocean acidification impacts.

These projects are crucial for building resilient communities, said Nicole LeBoeuf, director of NOAA’s National Ocean Service. They provide essential data and information for coastal management, conservation, and alternative energy planning, and contribute to increased coastal community resilience to climate change.

NOAA’s Inflation Reduction Act website provides information on current and future funding opportunities.

NOAA’s mission is to understand and predict changes in our environment, and to manage and conserve America’s coastal resources.

Source: NOAA

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