Projects

Climate Resilience Offsets support projects with immediate impact, measurable results, and lasting benefit.

Community Grants

See a list of projects, funding required, and impact below.

CRO has launched three community-specific campaigns.  Each area has been dramatically impacted by climate change and are in urgent need of financial support.  Your donations to these campaigns will go to projects with immediate impact.  If you are a community leader and would like CRO to set up a Climate Resilience Offset campaign for you please click on the Request Funding button below.  

If you have visited one or all of these locations, please consider a Climate Resilience Offset donation today:

Disbursement Partners

CRO is in discussions with multiple accredited lenders and FDIC-secured banks to offer Climate Resilience Loans to small businesses and homeowners affected by climate change. Partners will leverage their operational expertise to handle all credit checks, approvals, disbursements, and audits. The CRO will make one bulk grant to each institution with individual matching CRF offsets of between $2,000 - $5,000 directed by the partner. Applications must be for one of two immediate climate change-related costs: first, property repairs from severe weather where the costs exceed funds property owners can secure from FEMA and/or insurance carriers have been made; and second for proactive approved climate resilience upgrades such as a new fire-resistant roof, storm shutters that can withstand hurricane force winds, or expanded rainwater runoff. The CRF will make random audits of each recipient to ensure adherence to our goals.

CRO is currently in discussions with three major financial institutions in the United States to provide block grants to mortgage lenders for disbursement to qualified property owners for resilience improvements.

Coastal Protection Solutions - sourced through our partner RI Hub - specializes in easily deployable systems that mitigate coastal flooding and protect communities against the threat of sea-level rise and climate change.

Their first product, the Wavebreaker, uses patent-pending technology to reduce the height and velocity of waves to mitigate damage to life and property on shore. The Wavebreaker is a composite steel structure that is tethered to the bottom of the ocean floor with custom proprietary anchors. The force from the wave hits the Wavebreaker, the structure bears the brunt of the force of the wave and the wave dissipates as it rolls over the grooves.

CRO is working with Coastal Protection Solutions to identify a first field trial for this innovation. The estimated cost of implementation is $4.2M.

Innovation Installation

Current Projects

Project

Newport Resilience

  1. Easton’s Beach renourishment

  2. Cliff Walk repair

  3. Perrotti Park reconstruction

  4. North end tree planting for heat mitigation

Funding Required

$9,700,000

Impact

4 million tourists generate about $5.1M each year for the city of Newport. Easton’s Beach is the primary location for tourists to swim, surf, and sunbathe. The Cliff Walk, Newport’s iconic coastal walkway, which sees more than one million visitors annually has sections closed due to severe weather. Perrotti Park is the main location for arriving by water to enter the city. And the North End of the city where many local workers live needs hundreds of new trees planted to cool the pavement and roadway.

Vermont Resilience

  1. Montpelier rain water run off

  2. Water treatment plant repair

  3. Small business recovery

$55,000,000

Vermont’s capital city continues to work on repairs from the 2023 flooding. It’s estimated that more than 140 small businesses suffered more than $20M in damage in a 24 hour period. Downtown streets and nearby roads and bridges require immediate repair and resilience updates. And multiple water treatment facilities remain off-line and require significant repair and upgrades.

US Virgin Island Resilience

  1. Charlotte Amalie waterfront dock and boat launch repair

  2. St. John marketplace roadway repair and resilience

  3. Water runoff improvements

$32,000,000

The US VI’s capital city continues to work on repairs from multiple recent hurricanes. Tourism represents more than 60% of the US VIs annual GDP. The main waterfront which receives many of the 850K+ international tourists each year is damaged with each hurricane and needs significant resilience upgrades. Across the bay in St John the main marketplace and surrounding streets need repair from water runoff and resilience to future storms.