Support forest-positive innovation for local businesses and entrepreneurs.
With the threat of climate change, cities need much more than to work towards organizational sustainability alone – addressing climate change is everyone’s responsibility. This is where initiatives and commitments of a wider scope emerge as key tools in supporting the health and prosperity of the world’s forests. Here cities may work with private sector stakeholders to support city-wide policy.
Pilot and implement policy(ies) encouraging local production or sale of sustainable forest-risk food products in local areas through zoning and tax incentives. For example:
The city of Philadelphia has offered a sustainable business tax credit since 2009, which offers a credit of up to $4,000 for companies that support environmental and human well-being. Eligibility is currently determined by B Corporation certification, or by an independent assessment of comparable criteria performed by the city’s Office of Sustainability.
Support local supply chain innovation through grants, tax breaks, or in-kind support such as incubator hubs. For example:
The City of Toronto established the Toronto Atmospheric Fund in 1991 through an endowment, which continues to invest in urban solutions reducing GHG emissions and airborne pollution in the metropolitan area through providing grants and advancing local policy.