In Summer 2024, Throwe Environmental (TE) kicked off the ResilientMass Financing Strategy, a statewide project in the Commonwealth of Massachusetts. The project will be led by prime contractor and TE partner AECOM and conducted on behalf of the Governor’s Office of Climate Innovation and Resilience, Executive Office of Energy and Environmental Affairs (EEA), Executive Office of Administration and Finance (A&F), and Department of Transportation (MDOT). 

Through the ResilientMass Financing Strategy, TE aims to identify options to sustainably fund and finance climate resilience projects at the state and local levels across the Commonwealth, as well as assess investment needs and develop funding strategies for priority resilience measures. TE will lead development of the financing strategy and all aspects of resilience financing on this project.

Ultimately, TE aims to provide Massachusetts with a process for identifying:

• An actionable and comprehensive project portfolio
• Sustainable revenue streams to achieve the goals represented by the project portfolio
• Innovative financing mechanisms that reduce the cost of capital, mitigate risk, and accelerate climate action and community resilience
• Institutional structures to streamline and scale the resilience investment process