Social Finance is partnering with the Healey Administration on the first-in-the-nation Massachusetts Climate Careers Fund: an outcomes-based workforce fund designed to fill climate workforce gaps, increase access to economic mobility for workers, and support a diverse workforce.
Massachusetts has ambitious goals to achieve Net Zero by 2050. To achieve the Commonwealth’s greenhouse gas reduction mandates, Massachusetts needs to train an additional 28,000 workers for climate sector careers such as HVAC technician, energy auditor, and electrician.
The Fund will support residents of Massachusetts who are unemployed, underemployed, or otherwise qualify as low-income, with an added focus on individuals from underrepresented communities in the climate workforce and environmental justice communities. Additionally, the Climate Careers Fund will support career advancement by providing upskilling training opportunities for entry-level workers and current fossil fuel workers to gain new green career skills to advance to in-demand roles with higher wages.
The Fund may partner with a wide range of high-quality education and training providers across the Commonwealth to train workers, including: community colleges, vocational and technical schools, private institutions, unions, and community-based organizations.
For Interested Learners
Interested learners should visit this webpage for further information on the Climate Careers Fund, including information on eligibility criteria and the loan application process.
In Massachusetts, we have a storied history and culture of mission-driven innovation. We are America’s state of firsts – and today we’re proud to add another first to that list with the launch of the Climate Careers Fund.
Maura Healey
Governor of Massachusetts
The Climate Careers Fund is proof that we are all hands on deck for climate in Massachusetts and focused on creating high-quality clean energy jobs in every region of the state.
Kim Driscoll
Lt. Governor of Massachusetts
Here in Massachusetts, we are leaders in developing innovative solutions to address our toughest problems – and the Climate Careers Fund is proof of that.
Governor Healey and Lt. Governor Driscoll are leading this initiative along with Climate Chief Hoffer and the Executive Offices of Economic Development, Education, Energy and Environmental Affairs, Labor and Workforce Development, the Office of Climate Innovation and Resilience, and the Commonwealth Corporation.
The terms, conditions, and eligibility criteria for this loan program are subject to change without notice. Funding is limited and subject to availability at the time of application. Submission of an application does not guarantee approval or funding.
Website Notice and Disclosures
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Social Finance, Inc. and its affiliates (collectively, “Social Finance”) make no representations or warranties as to the completeness or accuracy of the information contained herein. Certain statements on this webpage may constitute forward-looking statements based on current expectations and assumptions, which are subject to change. Actual results may differ materially from those expressed or implied. Social Finance undertakes no obligation to update any information or forward-looking statements.
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