Equitable Mobility

Finance | Infrastructure | Data

Thanks to funding from The Wells Fargo Foundation, ProspectSV will support an integrated effort to develop financing solutions for EV charging infrastructure in lower-income communities. This funding will provide the basis for a two-phased approach to developing electric vehicle and clean mobility infrastructure in underserved communities.

Decarbonizing transportation requires a monumental, transformative effort with the promise of lower carbon emissions, higher performance, social benefit, and improved quality of life. Yet, for those in underserved and disadvantaged communities, the promise of zero-carbon mobility remains elusive. Transforming transportation options from fossil fuel to electric, particularly in underserved communities, requires a new set of approaches to operations and infrastructure, a redefinition and expansion of roles, and additional financing. 

ProspectSV is partnering with Project Climate at UC Berkeley's Center for Law, Energy & the Environment (CLEE) to form a multi-stakeholder effort for local coalitions to address the barriers and needs of underserved communities with respect to the expansion of clean mobility infrastructure, plans for public charging and vehicle access in community-appropriate locations, and pilot projects to see those plans through. 

Project Climate and ProspectSV will work with an advisory body of local representatives, small business owners, lower-income multifamily property owners, and EV infrastructure and private finance experts to craft financing strategies to accompany and propel the infrastructure deployment plans developed in the project. This effort serves as a focal point for long-range planning, and is co-supported by corporate and public partnerships focused on data, energy, and mobility

Equitable Mobility Initiative White Paper

Funding, Financing, & Investment Strategies to Advance Clean Mobility Infrastructure in Priority Communities

CLEE and Prospect Silicon Valley convened an advisory group of experts in climate and public finance, clean mobility, and city infrastructure investment to develop innovative proposals for clean mobility enhancement. This report outlines the top financing and revenue strategies identified by the group to bring city-scale and mobility infrastructure solutions to fruition.

City Partner Spotlights

Resources

Post-Meeting Resources

Advisor Resources

Funding Opportunities & Resources

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