HGIA has been selected by the Coalition for Green Capital (CGC), PRE Collective, and Quantified Ventures (QV) to join a cohort six green banks from across the United States to receive grants plus technical assistance to build a pipeline of equitable clean water infrastructure projects that directly benefit disadvantaged communities. This funding and technical assistance is a key component of an investment made by the Robert Wood Johnson Foundation (RWJF) in a strategic collaboration between CGC, PRE Collective, and QV to develop scalable financing programs for equitable water infrastructure.
CGC, QV, and PRE Collective are deploying their collective expertise to leverage the RWJF investment to support project development, provide technical assistance for implementation, and fund local staff capacity. These grants are among the programs to be implemented by CGC’s extensive green bank network to address water-related challenges, including clean drinking water, stormwater management, and flooding in disadvantaged communities. Green banks have a proven track record of removing perceived barriers and massively scaling up investments toward clean energy technology and these grants will lead the effort to replicate this approach for clean water investments to rapidly deliver benefits to communities most impacted by a changing climate.
The Hawaiʻi Green Infrastructure Authority is planning to work with disadvantaged communities across the state to address water quality issues stemming from cesspools, explore energy-neutral on-site water reuse facilities, on-farm water efficiency measures, and water conservation measures that reduce residents’ energy burden. Hawai’i faces unique challenges given its remote location, geography, and prevalence of tourism.
Visit coalitionforgreencapital.com for more info!