Promising efforts to address bottlenecks and support project development to mobilize private capital have already begun to emerge in the marketplace. One such effort is the Milken Institute’s Center for Financial Markets’ 10,000 Communities Initiative, a collaboration between private and public entities aiming to create climate-resilient communities and local economies, and its Community Infrastructure Center, a shared services platform for underserved communities to connect with capital and capacity for sustainable infrastructure projects. This effort seeks to meet those challenges by not only supporting effective project finance, but also connecting communities to the necessary investment in technical assistance and capacity building to ensure more equitable outcomes.
