
NEW YORK RESILIENCE REWARDS
Supporting New York’s climate-resilient future, while helping to reduce the tax burden on local residents and businesses.
Dine out and shop in New York and get instant cash back while supporting local projects
How do New York Resilience Rewards work?
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Community Support
Resilience Rewards is supported by…
@AJHernandez (8200+ followers)
‘No brainer, I save money and support a great cause.’
Ken Smith, Shovel Ready Capital
‘We’re going to show the world what Boston Strong is all about, again!’
Ted Butler, Capital Energy
‘If you’re going out for dinner, why wouldn’t you use Resilient Rewards every time?’
Jonathan Okafor, former D.O.E
‘An amazing innovation in climate resilience finance.’
The cost of severe weather on New York is impacting the local economy, tourism and transportation.
Where does your donation go?
Based in part on the work done by our Founder and Chairman as a member of the United Nations Disaster Risk Reduction Steering Committee on Innovations in Climate Resilience Finance, Resilience Rewards (a Shovel Ready Capital ‘SRC’ project) represents an innovation in climate resilience fundraising. Resilience Rewards seek to proactively raise funds from the private sector and then engage with local communities to identify climate resilience projects that meet our four primary requirements:
Community engagement;
Immediate impact;
Measurable results;
Lasting benefits.
Communities do not contract with SRC to raise funds, rather as funds become available, we reach out proactively to communities where capital for climate resilience is urgently needed. The New York City is such an example. Rising seas threaten not just the coastline but also the city’s financial stability.
Federal agencies have cut more than $300M from climate resilience projects in New York.
Projections show that by 2050, sea levels in the harbor could rise by up to 1.5 feet, inundating vulnerable areas like Coney Island, the Rockaways, Jamaica Bay, Red Hook, and the East Shore of Staten Island, essential areas to New York’s economy and tourism;
The Metropolitan Transportation Authority (MTA) estimates that it needs $6 billion over the next decade to make the system more resilient to climate change, including extreme weather events.
AdaptNYC identifies the Climate Change Hazards that pose the greatest threats; the populations and neighborhoods that are most at risk; and the resiliency and adaptation measures the city is taking to protect residents, property, and infrastructure.
Climate Strong Communities (CSC) will launch the next generation of equitable, multi-hazard, pro-active resiliency and sustainability projects by maximizing unprecedented infrastructure and climate funding opportunities focused on the most at-risk and environmental justice neighborhoods in New York City.
How much of your donations actually go to projects?
How does SRC compare to other nonprofits? According to EasyDonation, most non-profits allocate only 40-60% of donations to their cause, preserving a large portion of funds to pay staff salaries and further fundraising. Shovel Ready Capital’s technology-enabled, streamlined operations enable it to donate 80% of funds raised to shovel-ready climate resilience projects in partner cities.