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The demand for and cost of electricity is growing and is expected to do so for the foreseeable future.
There is general interest in building renewable energy infrastructure projects to help meet that
demand. Climate Action Projects depend on increased use of renewable energy to lower
environmental impact and also include provisions for infrastructure to support electric vehicles.
Municipalities are experiencing severe financial hardship and in many cases, are overwhelmed by
debt while under pressure to execute their climate action goals. These fiscal challenges are
preventing municipalities from using new bond issuances to financing infrastructure projects.
An alternative method to support the development of new infrastructure projects is proposed and
relies on public private partnerships financed with equity rather than debt. Such alternatives can
allow projects to move forward in the current economic situation.