Despite the strong economic case for investing in climate adaptation, public funds are significantly limited. This challenge is particularly acute for Canadian municipalities which own and operate 60% of the country's public infrastructure, have limited capacity and revenue sources to address climate impacts, and are facing a large price tag for infrastructure adaptation.
Through a financing model where private investors work alongside all orders of government, municipalities can achieve the scale and speed of the resilient infrastructure construction required to withstand and recover from climate impacts.
This toolkit is designed to help municipal practitioners prepare resilient infrastructure projects for financing. It contains examples of resilient infrastructure projects that could be implemented with the help of innovative financing, along with the tools needed to identify and prepare similar projects for financing based on the unique needs and circumstances of different communities.