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6 funding methods to achieve climate equity in US cities

May 19, 2021
There are finance and tax tools that can be used to promote a more sustainable future for cities.
United States city budgets are tighter than ever due to COVID-19. The American Rescue Plan Act, recently passed by Congress and signed into law by President Joe Biden, will provide some relief in the near term, while the proposed American Jobs Plan offers a tantalizing vision of federal infrastructure investments that could drive local climate action and equity nationwide.
Yet there remains an immutable reality that U.S. cities without dedicated revenue streams to fund climate change mitigation, resilience and environmental justice will continue to face fiscal constraints. Simply put, these social and environmental causes are at risk of being deprioritized when they stand side-by-side with other essential services. ....

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6 Funding Models for Climate Action and Equity in US Cities | World Resources Institute

Solar panels on homes in Boulder, Colorado. Industrial customers pay the largest share of Boulder s carbon tax, which funds equity programs and climate initiatives. Photo by Dennis Schroeder/NREL
U.S. city budgets are tighter than ever due to COVID-19. The American Rescue Plan Act, recently passed by Congress and signed into law by President Biden, will provide some relief in the near term, while the proposed American Jobs Plan offers a tantalizing vision of federal infrastructure investments that could drive local climate action and equity nationwide.
Yet there remains an immutable reality that U.S. cities without dedicated revenue streams to fund climate change mitigation, resilience and environmental justice will continue to face fiscal constraints. Simply put, these social and environmental causes are at risk of being deprioritized when they stand side-by-side with other essential services. ....

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RELEASE: CAP Proposes Gold, Silver, and Bronze Rankings for Green Muni Bonds

RELEASE: CAP Proposes Gold, Silver, and Bronze Rankings for Green Muni Bonds
americanprogress.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanprogress.org Daily Mail and Mail on Sunday newspapers.

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ADB, Energy Absolute Sign Green Loan for Renewable Energy and Electric Vehicle Charging Network

News Release | 11 February 2021
BANGKOK, THAILAND (11 February 2021) The Asian Development Bank (ADB) and Energy Absolute Public Company Limited (Energy Absolute) signed a 1.5 billion Thai baht ($47.62 million) green loan to finance ongoing renewable energy projects and a countrywide electric vehicle charging network in Thailand.
The loan will finance the Nakornsawan Solar and Hanuman Wind power plants, and deploy fast and standard chargers at charging stations across Thailand. Thailand aims to be a regional leader in electric vehicles to reduce greenhouse gas emissions from conventional transportation, which currently accounts for around 26% of the country’s total annual emissions.
“ADB aims to increase awareness of green financing by continuing to support Thailand’s renewable energy sector and investing in the electrification and decarbonization of its transport sector,” said ADB Private Sector Operations Department Infrastructure Finance Division Direc ....

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