G3: Financing tools
(See also B1.7 Energy Efficiency Financing)
G3.1 Tax benefits
Develop tax incentives for businesses that demonstrate GHG reductions in their production.
G3.2 Cost-sharing (See G7.3 Interlocal Coordination)
Partner and share costs of expertise. e.g. Green Building Officer.
G3.3 Green energy bond
Develop a green energy bond providing a monetary incentive to tackle prominent social issues such as climate change and a movement to renewable sources of energy. Start by researching the feasibility and impact.
G3.4 Crowdsourcing
Develop and launch a crowdsourcing platform (like “The Gamechanger”) that allows entrepreneurs to submit green proposals for policies and projects for local government and businesses and ideas to influence the future of energy and help to overcome a specific challenge.
G3. _ Ballot measures
Pass local legislation to raise revenue dedicated to local climate action.
G3._ Neighborhood grants
Create and support competitive grants for neighborhood clean energy and energy efficiency projects.
G3._ Grants
Identify and pursue grant opportunities to fund renewable energy projects
G3. _ Community financing
G3. _ Energy use set asides for investments in efficiency
Set aside a fee on energy use or some of the savings from efficiency projects to create an internal funding mechanism to invest in energy and carbon-reduction.