On May 22, the RE.invest Initiative announced eight partner cities that will lead the 2-year project in collaboration with engineering, law, and finance firms. The initiative seeks to increase public–private partnerships and increase infrastructure resiliency, and is funded by the Rockefeller Foundation.
In the wake of Hurricane Sandy, the initiative focuses in part on designing, planning, implementing, and financing more-resilient and sustainable urban stormwater systems. These systems include green infrastructure approaches that decrease runoff. Partners of the RE.invest Initiative will seek ways to increase private investment and smart improvements. For example, if a broadband company is planning construction to install underground lines, RE.invest will help connect cities and private-sector partners to see if the construction can achieve multiple benefits, such as installing permeable pavement and burying power lines. Read the press release.