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New Mexico SB 489 - Energy Transition Act
March 22, 2019
New Mexico’s 2019 Senate Bill 489 enacts the Energy Transition Act, establishing ambitious statewide renewable energy standards and a pathway the state will use to transition its economy towards one powered by clean energy. The bill includes tens of millions of dollars of economic and workforce support for communities affected by the transition away from coal. By incorporating equity considerations into its framework, this bill not only ensures greater renewable energy production, but also eases the burden of energy transition on frontline and disadvantaged communities.
Resource Category: Law and Governance
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Rigorously Valuing the Role of U.S. Coral Reefs in Coastal Hazard Risk Reduction
2019
This report issued by the U. S. Geological Survey and the U. S. Department of the Interior quantifies the value of U. S. coral reefs in protecting people and infrastructure from coastal hazards that will be exacerbated by climate change and sea-level rise including extreme weather events, flooding, and erosion. The report is intended to inform stakeholders and decision-makers of the value of coral reefs in reducing risk from coastal hazards, and to provide quantitative data that can be used to consider the role coral reefs should play in adaptation and risk mitigation planning.
Authors or Affiliated Users: Curt Storlazzi, Borja Reguero, Aaron Cole, Erik Lowe, James Shope, Ann Gibbs, Barry Nickel, Robert McCall, Ap R. van Dongeren, Michael Beck
Resource Category: Assessments
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The Definitive Guide to Disaster Planning
2019
This emergency preparedness guide is for business owners of large or small operations to create and implement a business continuity plan. A business continuity plan should establish a comprehensive disaster plan that ensures that the business can survive a variety of interruptions, recover from a weather event, reduce liability concerns, protect revenue sources, build a culture of preparedness, and more. The guide presents a 12-step process that business owners should undertake if they want their business to survive a disaster, including extreme weather events induced by climate change.
Resource Category: Planning
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Financing Climate Resilience: Mobilizing Resources and Incentives to Protect Boston from Climate Risks
April 2018
Financing Climate Resilience was developed by the University of Massachusetts Sustainable Solutions Lab to help the City of Boston identify proactive strategies for financing investments in flood protection and other climate-related risks. The report details the scale of the climate resilience investments needed to reduce climate risks in Boston, estimating that between $1 and $2. 4 billion in investment will be needed in the medium-term to protect the City from climate change impacts. The report examines a range of financing mechanisms that the City could use including bonds, taxes, resilience fees (e.
Authors or Affiliated Users: David Levy, Rebecca Herst
Resource Category: Funding
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Owning the Benefits of Solar+Storage: New Ownership and Investment Models for Affordable Housing and Community Facilities
February 2018
This policy paper examines five models for financing solar PV coupled with battery storage (solar + storage) with the aim of identifying solutions for increasing access to renewable energy in affordable housing and community facilities serving low- to moderate-income (LMI) communities. Solar + storage can reduce utility bills, increase the resilience of power systems, and, in some cases, can lead to revenue from grid services. For these reasons, solar + storage is seen as an equity strategy that can benefit LMI communities.
Authors or Affiliated Users: Robert Sanders, Lew Milford
Resource Category: Funding
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California Public Utilities Commission Clean Energy Research Projects for Low-Income and Disadvantaged Communities
January 2018
The California Public Utilities Commission’s (CPUC) allocates its Electric Program Investment Charge (EPIC) to fund projects located in and benefiting low-income and disadvantaged communities, which is an example of utility commissions participating in equitable grid investment. EPIC funds come from rates charged to electricity customers of the state utilities and supports investments in clean energy technologies that benefit ratepayers of investor owned utilities. AB 523 directs the California Energy Commission (CEC) to expend at least 25 percent of its EPIC funds for Technology Demonstration and Deployment funding (TD&D) at sites located in, and benefiting, “disadvantaged communities,” and adds an additional requirement that the CEC expend at least 10 percent of its EPIC funds for TD&D at sites located in, and benefiting, low-income communities located in the state. The CPUC approved the allocation of $60 million of its EPIC funding to projects located in and benefiting low-income and disadvantaged communities that are also specifically prioritized for the investment of proceeds from CA’s cap-and-trade program. These investments are aimed at improving public health, quality of life, and economic opportunity in disadvantaged communities, which are defined by AB 523 as those most burdened by pollution from multiple sources and most vulnerable to its effects, considering socioeconomic characteristics and underlying health status.
Resource Category: Funding
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EDGe$ - Economic Decision Guide Software Tool
January 2018
The National Institute of Standards and Technology (NIST) EDGe$ (Economic Decision Guide Software) Tool is a software application for community resilience planning. EDGe$ provides a methodology for evaluating investment decisions for adaptation, resilience and recovery from disruptive events or disasters. The tool is focused on supporting the planning process around the implementation of resilient, economically viable infrastructure in communities. by identifying the cost of investing in resilience, and the benefits of new community level capital investments.
Resource Category: Data and tools
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Moody's Environmental Risks: Evaluating the Impact of Climate Change on U.S. State and Local Issuers
November 28, 2017
This report from Moody's Investor Services discusses potential credit rating impacts from the exposure and vulnerability of U. S. state and local governments to economic losses from climate change. The report notes that without adaptation, state and local governments will face increasing risks risks from severe heat, changing precipitation patterns, and rising sea levels - and that these risks will become more severe over time. The economic impacts of climate change will include property damage, lowered productivity, health impacts, and increasing energy use.
Resource Category: Funding
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Resilience, Equity, and Innovation: The City Accelerator Guide to Urban Infrastructure Finance
November 2017
The City Accelerator Guide offers tools and processes for city governments seeking to finance capital infrastructure projects that address climate resilience and social equity issues. The strategies in this guide offer tested methods for incorporating long-term resilience and equity into the capital planning process. Cross-disciplinary teams from four cities - including Pittsburgh, PA; San Francisco, CA; Washington, D. C. ; and Saint Paul, MN - worked together to develop innovative finance strategies.
Author or Affiliated User: Jennifer Mayer
Resource Category: Solutions
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Southeastern Montana Comprehensive Economic Development Strategy
June 2017
In 2017, Southeastern Montana Development Corporation (SEMDC) released the Southeastern Montana Comprehensive Economic Development Strategy (CEDS) after consultation with hundreds of residents throughout the area to address common issues, including repairing infrastructure, increasing broadband capacity to meet local needs, encouraging resilient energy development, and foster diverse, local businesses. Through the CEDS, SEMDC works to create a strong coalition of communities and businesses to facilitate the development of a resilient infrastructure, while “maintaining a traditional, rural, high quality lifestyle.” Among the many projects and initiatives contained within the CEDS, those that are most applicable to developing economic resilience emphasize Climate and Renewable Energy Development, combating inequality and unemployment, and establishing an Economic Resilience Strategy. To address this inequality and unemployment within the region, SEMDC proposes several programs for under-represented, vulnerable communities and residents. This involves the support of workforce development programs in communities that focus primarily on the disadvantaged, as well as scholarship programs that train these individuals on green energy technologies.
Resource Category: Planning
