City outlines Climate Revolving Fund plan with $1.5M seed and phased project pipeline
Austin staff said the Climate Revolving Fund received $1 million in certificates of obligation and $500,000 in one‑time AFM cash as seed funding; staff presented an SOP, project prioritization criteria and a phased roadmap to select short‑payback projects and grow the fund.
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Zach Bauer, director of Austin Climate Action and Resilience, and staff briefed the Climate, Water, Environment, and Parks Committee on Sept. 23 about plans to launch a Climate Revolving Fund that will seed projects that reduce greenhouse gas emissions and return savings to finance additional projects.
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