Investor Presentaiton
Climate
Resilience Fund
RIDEM
DEM
RHODE ISLAND
Funding amount:
$1mm total
Required match - 25%
Important dates: Expected RFP
Release March/April 2024
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PROJECT
TYPES
Removal, Relocation or Redesign of
Infrastructure - engineering and
construction projects to redesign, relocate
or remove vulnerable facilities and
infrastructure (e.g., culverts, dams,
buildings/facilities, roadways/evacuation
routes in both coastal and riverine areas)
to protect and preserve function over the
design life of the infrastructure or
eliminate risk by removing the structure,
given projected climate change impacts.
Nature-Based Solutions - projects that
protect or enhance Rhode Island's natural
systems in the face of projected climate
change impacts. Projects can include
green infrastructure projects that utilize
vegetation and pervious surfaces to
manage coastal, riverine, and inland
flooding, erosion and storm damage.
Projects can also include the restoration
of natural shorelines and riparian habitats
so as to enhance the protection of
communities.
PROGRAM
PRIORITIES
Funds Design,
Construction, among other
activity types
• Planning & Scientific
Research not considered
Land acquisition may be
50% or less of project costs
• Gov't and non-profit entities
are eligible to apply
• Strong focus on projects
delivering feasible and
technically sound climate
adaptation solutions with
co-benefits
Proposals should address:
1. The expected near-term (0-10
years) and long-term (10-25
years) benefits to improve.
ecosystems and community
resilience; and
2. How the project is consistent
with state resilience plans, local
hazard mitigation plans, and all
applicable laws.View entire presentation