Climate Protection and Sustainability Fund

When a developer chooses to not design their project to meet these Article 13 standards, any fees-in-lieu of compliance from the EDM and GHG standards and forfeited performance deposits from the C&D standards will be directed to a Climate Protection & Sustainability Fund. As aligned with legal requirements for fee-in-lieu expenditures, these revenues will fund a Climate Protection & Sustainability Program for advancing sustainability of the built environment, climate mitigation and adaptation, and waste reduction projects. Some examples may include energy and water efficiency retrofits, renewable energy and electrification assistance, and tree planting and preservation to support clean air and reduce urban heat impacts. The allocations for specific projects will be approved by Council through the usual annual budget process, where staff will report on the previous year's impact and request allocations for the coming year. Proposed projects will be evaluated for their contribution to emissions reduction, community resilience, environmental justice, and equity.

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