While the Trump Administration will likely cut federal funding for research into climate impacts on transportation systems, others like state DOTs, regional MPOs and local governments will continue to incorporate climate risks into planning, design and O&M of transport infrastructure.
New Jersey Future today announced that Perth Amboy is one of three cities selected by the Build It Green (BIG) Competition to receive technical assistance and engineering support services. The BIG Competition, launched in partnership with re:focus partners and with the generous support of the Geraldine R. Dodge Foundation and Robert Wood Johnson Foundation's New [...]
New Jersey Future today announced that three cities – Gloucester City, Jersey City, and Perth Amboy – have been selected by the Build It Green (BIG)
The Geraldine R. Dodge Foundation and New Jersey Health Initiatives recently awarded $165,000 in matching grants to New Jersey Future in support of the new Build It Green Competition, a design challenge to help New Jersey communities design, finance, and scale up green and grey infrastructure projects addressing outdated, failing water infrastructure. - See more [...]
New Jersey Future and re:focus partners today launched a competition intended to catalyze the design and implementation of integrated, creative projects that reduce combined sewer overflows (CSOs) while generating multiple local environmental and health benefits.
Catastrophe risk-management and modeling firm RMS, design firm re:focus partners, reinsurance giant Swiss Re and the Rockefeller Foundation announced the framework for a new financial product called a “resilience bond.”
The RE:bound program, a partnership between re:focus partners, risk modeller RMS, reinsurance firm Swiss Re and The Rockefeller Foundation, has released a new framework that leverages the catastrophe bond structure for the financing of resilient infrastructure projects.
Some of the people who brought you “catastrophe bonds” now want to bring you “resilience bonds,” a product that could appeal to flood-prone cities, public utilities and other entities that need to build infrastructure like seawalls and flood barriers.
Financial instruments structured in a similar manner to catastrophe bonds could provide a reduction in insurance costs by recognizing the value of community resilience projects such as flood barriers, a paper released Tuesday suggests.