SGC Catalyst Model Multi-benefit projects Model: Leverage Multi-Sectoral Funding to Sustain Delivery of Benefits and Long-Term Capacity

Leveraging other state, federal, philanthropic, and private-sector dollars creates a more significant and longer-lasting impact from our climate investments. When coupled with sustained capacity building, directing leveraged funds to areas most in need can support greater access to future projects and funding opportunities and thus ensure projects address rather than exacerbate existing inequities.

Outcomes

• Expands the range of potential project benefits initially under consideration
• Extends the reach of available public funds

How to Do This

The TCC Round 5 program guidelines (p. 55) encourage a significant leverage match to incentivize additional investment while understanding that leveraging requirements may be a barrier to participation.

• “Applicants must leverage additional funding sources that equal a minimum of 50 percent (50%) of the total requested grant funds.
• Applicants must leverage additional funding to support the implementation of the TCC Proposal. Leverage funds may come from a variety of sources, such as federal, state, local public, private, and/or philanthropic. For additional information about eligible funding sources, refer to Appendix C.”