• Case study

    Tax Increment Financing (TIF)

    December 16, 2012 Philadelphia

    As is evident in major cities around the United States, TIF can be a valuable public finance tool for redevelopment projects. Establishing a TIF program allows the city to invest selected new property tax dollars into the neighborhood from which they came, instead of into the city's General Fund, for a defined period (typically 20 years). TIF funds are used to leverage public funds to promote private sector activity in a targeted district or area.

    Read More
  • Case study

    Climate and Green Bonds

    December 16, 2012 Philadelphia

    Climate and green bonds are fixed-income financial instruments that are issued in order to raise capital for the implementation of environmental projects, often climate change mitigation- or adaptation-related activities or renewable or energy efficiency projects, and therefore allow investors to report to their members on how their secure investments are also contributing to addressing environmental challenges

    Read More
  • Case study

    Stormwater Credit Program

    December 16, 2012 Philadelphia

    The Philadelphia Stormwater Regulations provide the legal measures for implementing stormwater billing. The Stormwater Credits program is designed to provide incentives to nonresidential and condominium property owners to implement and maintain functional Stormwater Management Projects (SMPs) to help the city meet its stormwater management goals, and to provide an opportunity for nonresidential and condominium property owners to reduce their monthly Stormwater Management Services (SWMS) charge.

    Read More
  • Case study

    West Zone Sanitation

    December 16, 2012 Rio de Janeiro

    To remedy waste sewage and pollution problems, the City has designed an innovative undertaking with the State of Rio de Janeiro and the State Company for Water and Wastewater (CEDAE) to leverage private-sector financing for services extension to the 21 neighborhoods in AP-5.

    Read More
  • Case study

    121 gramacho landfill methane.original

    Gramacho Landfill Gas to Energy System

    December 16, 2012 Rio de Janeiro

    Through a plan to install a methane capture system throughout the landfill, Novo Gramacho Energia Ambiental and Companhia Municipal de Limpeza Urbana (COMLURB) were able to leverage Clean Development Mechanism financing to reduce the climate change impact of the Gramacho operations and to create a potential income stream for these actors in the future, through sell-back of the energy to a nearby Petrobras facility.

    Read More