The Resilient New Orleans Infrastructure Fund
Our Board has endorsed the Resilient New Orleans Infrastructure Fund (“RNOIF”), which is the culmination of research and planning led by C40 Cities and a multi-agency working group that includes:
- City of New Orleans
- New Orleans Redevelopment Authority
- New Orleans Business Alliance
- Sewerage and Water Board of New Orleans
- Housing Authority of New Orleans
- Greater New Orleans Foundation
- Louis Armstrong New Orleans International Airport
- New Orleans Regional Transit Authority
- Orleans Parish School Board
- Downtown Development District
- Finance New Orleans
The Resilient New Orleans Finance Plan is a framework to focus coordinated efforts for the mobilization of steady, reliable financial flows from private and public funds to produce social, resilience, and pollution-reducing benefits and jobs.
The RNOFP seeks to lay out options for the City of New Orleans to bring climate resilience projects to life. With this insight in mind, the plan sets clear strategic priorities and actions, reviews the barriers to green finance mobilization, and outlines investment opportunities to aid and measure the city’s progress towards net-zero by 2050. We are confident that our collective efforts will achieve the city’s goal to create a sustainable future for our children and grandchildren. You can read the plan here.
These two plans will set the stage for Finance New Orleans to realize our overarching goal to invest $1 billion in impact investments within our community by the year 2030. We are excited to join together with our partners to find creative and innovative solutions to accomplish our shared goals for resiliency and sustainability. We embrace the need for bold new leadership and close collaboration between all stakeholders across our city. By confronting the challenge before us, committed to cementing a lasting legacy for generations to come. Together, we will accelerate our city’s transition into a rapidly changing world, ensuring that our city, our culture, and our communities can last for centuries more.
