The Natural Resilience Fund, Inc.
Non-Profit - N/A, N/A, US
The Natural Resilience Fund, Inc. Employees
The Natural Resilience Fund, Inc. Details
A not-for-profit platform designed to help fund financing gaps for government approved climate resilience programs. Our goal is to convince legislators at the Federal, State and City levels to enact a Climate Resilience Investment Tax Credit (CRITC) to raise significant funds to help provide the necessary capital for programs like those outlined in New York City's climate resiliency report dated June 2013. The CRITC is being proposed initially for New York but can be rolled out nationally and eventually internationally.We have also created a financing mechanism known as a Climate Resilience Investment Subsidy (CRIS) which is proposed to help building owners finance 100% of sustainability and resilience retrofits to reduce both energy costs and flood insurance premiums. We are hoping the Subsidy will be provided by Insurance Companies and/or Utility Companies and/or Municipalities for 10% of the retrofit and the remaining 90% will be funded by either a securitization through an investment bank or as a lease with an option to buy the equipment through a leasing company.
