New York state officials are moving to bolster the supply chain for the development of technology meant to combat the effects of climate change under a $3.7 million program. 

The move, announced Wednesday by Gov. Kathy Hochul's office, is meant to provide startup companies who are trying to scale products to lower greenhouse or reduce energy usage with locally based materials providers, suppliers and manufacturers.

The program is also meant to provide connections to people in underserved areas. 

Broadly, New York is trying to hit targets meant to reduce carbon emissions by 85% from levels in 1990 by the midpoint of the century.

At the same time, companies across the economy have struggled with supply chain problems in the wake of the COVID pandemic, seen as a factor in higher prices being paid by consumers. 

"As a climate leader, New York is aggressively working with companies that can bring new technologies to the table as we work to lower greenhouse gas emissions and hit our ambitious climate goals." Hochul said. "This initiative will draw companies to join our growing green economy and connect them with manufacturing facilities across the state, including those located in underserved areas, to support economic opportunity and local supply chains as we continue our work to address climate change head on."

The program, known as M Corps, will be conducted through the New York State Energy Research and Development Authority, which will provide new companies with guidance for decisions in manufacturing and the development process. 

"Connecting global innovators with New York State resources provides entrepreneurs with game-changing support that can advance climate resiliency and clean energy," said NYSERDA President and CEO Doreen Harris. "Helping companies overcome market barriers to manufacturing paves the way for success and can increase the number of sustainable products available to consumers thereby lowering harmful emissions."