Combatting the effects of climate change in a cost-effective, fiscally responsible way requires innovative thinking and careful consideration of the challenge at hand.
Elected officials in Anne Arundel County and the City of Annapolis have proposed a solution that fits this framework — a local resilience authority, a tool designed to reduce burdens on taxpayers by bringing in outside investments to fund the region’s critical infrastructure and community assets at risk from climate change.
By establishing a resilience financing authority, county and city leaders will create a nationally unique, independent organization of experts that will transform infrastructure investments from a cost obligation to an investment opportunity…Read more.