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Earlier this week, the Biden Administration announced the launch of the Climate Smart Buildings Initiative to leverage public-private partnerships to modernize federal buildings to better meet agencies’ missions, create good-paying jobs, and cut greenhouse gas emissions. Through this initiative, the government plans to dramatically expand its partnership with the private sector to upgrade existing federal buildings. The initiative is expected to create and support nearly 80,000 good-paying jobs and is expected to increase investments from performance contracts from a low of $251 million in fiscal year 2021 to a sustained $1.2 billion per year by 2030. --SWACCA