Carbon and Equity Credits for Innovative Public Transit Financing (USDOT Federal Transit Administration), 2023-2025
The team receives funding to develop a software application for transit agencies to generate tradable credits from emission reductions and social equity improvements. These emission and equity credits will be integrated into a mobile app that uses real-time data to determine their credit and value. The project will incentivize individuals to use mass transit and ultimately provide transit agencies additional revenue through partnerships and innovative financing practices.