RE.invest is a new public-private program to help cities across the country finance and build resilient and integrated urban storm water, broadband, and energy infrastructure systems. The Rockefeller Foundation will provide up to $3 million in seed money through a national selection process to support up to eight cities with engineering, legal, and financing technical assistance to align public resources and leverage private financing for new sustainable infrastructure.
By bundling resilient infrastructure projects across sectors into bankable portfolios, RE.invest partner cities will go from planning to construction within three years and leverage hundreds of millions dollars in private investment to improve city services and create jobs, especially in poor and underserved communities. RE.invest complements state and Federal efforts to create infrastructure banks and improve related permitting and regulatory processes. This initiative will serve as a template for cities across the country seeking to rebuild aging or failing stormwater systems in the face of serious financial challenges.
Interested cities should email firstname.lastname@example.org for more information on the application process and to submit an expression of interest.
Learn more about RE.invest: www.reinvestinitiative.org
The Gramacho Landfill in Rio de Janeiro, Brazil was one of the largest landfills in the world. Covering over 350 acres, this open-air dump received approximately 3 million metric tons of waste per year until its closure in June 2012.
Officials estimate that the site supported a community of thousands of waste-pickers during its 34 years in operation, and over 1,600 waste-pickers are now unemployed or displaced following the landfill’s closure. Currently, the site supports a Clean Development Mechanism financed methane-capture facility for clean energy production, and local, state and federal officials have identified the surrounding area as a high priority for development.
In anticipation of the 2014 World Cup and 2016 Olympics, c.dots has been working with Brazilian officials, Gramacho community organizations, and leading international firms on structuring a new redevelopment and implementation plan with a focus on sustainable employment anchors, such as an electronic waste recycling facility and sustainable construction materials manufacturing center, along with a job training center for local communities. This work builds on partnerships created under The US-Brazil Joint Initiative on Urban Sustainability.