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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

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DOT BUILD Grant Program

April 2018

In 2018 the U. S. Department of Transportation (DOT) replaced the Transportation Investment Generating Economic Recovery (TIGER) program with the Better Utilizing Investments to Leverage Development (BUILD) transportation grant program. BUILD is a discretionary grant program that makes federal funding available on a competitive basis to surface transportation projects that meet "merit criteria. " Since 2009, DOT has provided $7. 1 billion in grants through this program to support 554 projects in all 50 states, the District of Columbia, and U.

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California Wildlife Conservation Board - Climate Adaptation and Resiliency Program

September 18, 2017

California’s Wildlife Conservation Board, within the Department of Fish and Wildlife, is a separate and independent Board with authority and funding to carry out an acquisition and development program for wildlife conservation. The Climate Adaptation and Resiliency Program was created by CA Assembly Bill 109 in 2017 to provide $20,000,000 to the Wildlife Conservation Board for local assistance, payable from the Greenhouse Gas Reduction Fund (GGRF), a statewide cap-and-trade program. The program funds are to be used for climate adaption and resiliency projects that will result in conservation and restoration of natural and working lands, and wildlife populations.

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Keep America Beautiful - Community Restoration and Resiliency Fund

September 6, 2017

In quick response to the devastating effects of Hurricane Harvey and Hurricane Irma arriving back to back in August and September 2017, the nonprofit organization Keep America Beautiful launched the Community Restoration and Resiliency Fund. The fund will provide financial aid, technical support, in-kind donations, and other resources to affiliates and community partners whose residents are facing the widespread and long-term impacts of these climate fueled extreme weather catastrophes. The funds will go to green infrastructure projects to improve resiliency, and to building community engagement through social programs.

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USFWS Coastal Program - Ecosystem adaptation grants

November 3, 2016

The U. S. Fish and Wildlife Service has announced funding to provide direct technical assistance and financial assistance to coastal communities and landowners to restore and protect fish and wildlife habitat on public and private lands, with a priority on climate adaptation and mitigation. FWS will favor conservation activities and projects that incorporate ecosystem adaptation.  Total funding for this program is $14,000,000 with an award ceiling of $500,000. Applications due September 30, 2017.

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USFWS Tribal Wildlife Grants

May 2017

Administered by the U. S. Fish and Wildlife Service, the Tribal Wildlife Grants program is a competitive grant program available to federally-recognized Indian tribes to conserve fish, wildlife, plants, and their habitats. More than $60 million has gone to Native American tribes through the Tribal Wildlife Grants program since 2003, providing support for 350 conservation projects administered by participating Federally-recognized tribes. This wildlife conservation funding includes that for the focal species of Native American cultural or traditional importance, and species that are not hunted or fished.

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New York City Participatory Budgeting and Rulebook

2011

In 2011, four New York City Council Members partnered with several community-based organizations and launched a Participatory Budgeting process to allow residents to vote to allocate a portion of the council’s capital discretionary funds. The Participatory Budgeting New York City (PBNYC) process involved the city allocating funds to finance physical infrastructure projects, such as schools, parks, and public housing that benefit the public, that cost at least $50,000 and have a lifespan of at least five years. Residents were able to visit the website to review eligible projects and then submit an idea for consideration. The process gave residents the opportunity to vote during a nine-day Vote week for the city’s fiscal budget and implemented by city agencies. PBNYC is one of the largest and the fastest-growing participatory budgeting process in the United States which also ensures that low-income people and people of color can participate in the process. Currently, the majority of participants, around 57%, are identified as people of color. 

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Climate Resilient and Equitable Water Systems Capital Scan

June 2017

The Kresge Foundation’s Environment Program has developed a strategy to address climate change impacts on water systems while prioritizing the needs of low-income communities. The report describes a set of integrated strategies for how grants and investments can best support climate-resilient and equitable water systems. Recommendations are focused on scaling up green infrastructure, water efficiency, and climate planning to address flooding, storm damage and drought impacts. 

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USFWS National Coastal Wetlands Conservation Grant Program

January 5, 2017

The U. S. Fish and Wildlife Service (USFWS) National Coastal Wetlands Conservation Grant Program annually provides grants of up to $1 million to coastal and Great Lakes states, as well as U. S. territories to protect, restore and enhance coastal wetland ecosystems and associated uplands, providing long-term conservation benefits to fish and wildlife and their habitats. Over $17 million in total will be awarded by the USFWS to 20 projects in 10 coastal states to protect, restore or enhance more than 13,000 acres of coastal wetlands and adjacent upland habitats under the program.

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FHWA Emergency Relief Program and Resilience

The Federal Highway Administration (FHWA) developed this document to clarify that program funds provided through the Emergency Relief (ER) Program may be used to rebuild more resiliently in ways that will prevent damage from future extreme weather events. The FHWA-ER program provides funding for the repair or reconstruction of Federal-aid highways that have experienced major damage from natural disasters or other externally-caused catastrophic failures.

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