{"id":28044,"date":"2023-04-21T13:08:49","date_gmt":"2023-04-21T17:08:49","guid":{"rendered":"https:\/\/airportscouncil.org\/?p=28044"},"modified":"2023-04-21T13:08:49","modified_gmt":"2023-04-21T17:08:49","slug":"meeting-sustainability-goals-with-innovative-financing-models","status":"publish","type":"post","link":"https:\/\/airportscouncil.org\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/","title":{"rendered":"Meeting Sustainability Goals with Innovative Financing Models"},"content":{"rendered":"<p><em>By Ramsey Nuwar, Johnson Controls<\/em><\/p>\n<p>Airports across North America and on a global scale have committed to achieving net zero carbon emissions by 2050, but securing the funding to achieve that goal can feel daunting to airport leaders and stakeholders with competing priorities capturing their attention and resources. Through conversations with leaders at airports of varying sizes, I\u2019ve come to realize that the funding options available for sustainable infrastructure upgrades are not common knowledge.<\/p>\n<p>As airports work to get their budgets back up to speed following a major drop in air travel in 2020 and as they brace for a potential economic recession, many facilities don\u2019t have the financial capabilities to fund large-scale projects completely out of pocket. Ironically, it\u2019s these projects that improve airport efficiency, comfortability, safety and sustainability that will attract more travelers in the long run.<\/p>\n<p>Working with a trusted partner for guidance and expertise can help decisionmakers understand their options and their eligibility for non-traditional funding mechanisms, how best to leverage available funding options and how to attain the best possible return on investment.<\/p>\n<p>Project funding can come in many shapes and forms and can be catered to each airport\u2019s unique needs. Some options include:<\/p>\n<ul>\n<li><strong>Performance contracting:<\/strong> Under a performance contract, guaranteed energy savings are used to fund infrastructure improvement projects over a set period of time.<\/li>\n<li><strong>A transfer of project ownership:<\/strong> This would allow an airport to transfer ownership and the associated risks of their energy management program to a partner\u2019s team of experts.<\/li>\n<li><strong>Private-public partnership\u202f(P3):<\/strong> P3 agreements allow publicly funded organizations to collaborate with a partner to maintain a fixed cost of occupancy throughout the contract.<\/li>\n<li><strong>Contingent payment program:<\/strong> Under a contingent payment program, the partner would take on the risk of financing infrastructure projects. Upon completion, airports can make scheduled quarterly payments over a set term to maintain a flatlined budget.<\/li>\n<\/ul>\n<p>With aging infrastructure, comes higher greenhouse gas emissions and greater environmental impacts. Through retrofitting projects with a trusted partner on board, airports are able to assess where their immediate needs are through an intake on the state of their heating, cooling, lighting systems and beyond and address the most urgent updates first for the greatest impact and return on investment.<\/p>\n<p>The <a href=\"https:\/\/www.johnsoncontrols.com\/insights\/2022\/case-study\/aeroporti-di-roma\">Leonardo da Vinci Fiumicino Airport<\/a> in Rome for example, is on track to meet their 2030 decarbonization goals with the help of Johnson Controls guidance and solutions. Through this partnership, the airport has achieved a 52% reduction in energy consumption. Leonardo da Vinci Fiumicino Airport was also the first airport in Europe to receive its ISO 50001:2018 energy management certification and reach the highest level of Airport Carbon Accreditation, Level 4+ \u2018Transition\u2019.<\/p>\n<p>As we all know, inflation isn\u2019t slowing down and the price of materials will continue to rise. Don\u2019t cut your project short or wait until you\u2019ve generated enough capital to fully fund projects outright, consider all of the funding opportunities available to meet set sustainability goals and create a healthier space for your travelers, employees and community to enjoy for years to come.<\/p>\n<p>To learn more about Johnson Controls transportation offerings, contact Ramsey Nuwar at <a href=\"mailto:ramsey.nuwar@jci.com\">ramsey.nuwar@jci.com<\/a>, or visit <a href=\"https:\/\/www.johnsoncontrols.com\/industries\/transportation\">https:\/\/www.johnsoncontrols.com\/industries\/transportation<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p>Director of Johnson Controls Transportation Market, Ramsey Nuwar has spent the last 15 years focused on North American airports, providing leading edge building technology, passenger solutions and support systems.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>DISCLAIMER<\/strong><\/p>\n<p><strong>This article was provided by a third party and, as such, the views expressed therein and\/or presented are their own and may not represent or reflect the views of Airports Council International-North America (ACI-NA), its management, Board, or members. Readers should not act on the basis of any information contained in the blog without referring to applicable laws and regulations and\/or without appropriate professional advice.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Ramsey Nuwar, Johnson Controls Airports across North America and on a global scale have committed to achieving net zero carbon emissions by 2050, but securing the funding to achieve [&hellip;]<\/p>\n","protected":false},"author":5364,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,32],"tags":[242],"class_list":["post-28044","post","type-post","status-publish","format-standard","hentry","category-environment","category-operations","tag-johnson-controls"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Meeting Sustainability Goals with Innovative Financing Models - Airports Council International - North America<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Meeting Sustainability Goals with Innovative Financing Models - Airports Council International - North America\" \/>\n<meta property=\"og:description\" content=\"By Ramsey Nuwar, Johnson Controls Airports across North America and on a global scale have committed to achieving net zero carbon emissions by 2050, but securing the funding to achieve [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/\" \/>\n<meta property=\"og:site_name\" content=\"Airports Council International - North America\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/airportscouncil\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-21T17:08:49+00:00\" \/>\n<meta name=\"author\" content=\"RaechelRucker\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@airportscouncil\" \/>\n<meta name=\"twitter:site\" content=\"@airportscouncil\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"RaechelRucker\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/#article\",\"isPartOf\":{\"@id\":\"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/\"},\"author\":{\"name\":\"RaechelRucker\",\"@id\":\"https:\/\/airportscouncil.org\/#\/schema\/person\/26be029a86cac3bb370e0b1afa55177f\"},\"headline\":\"Meeting Sustainability Goals with Innovative Financing Models\",\"datePublished\":\"2023-04-21T17:08:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/\"},\"wordCount\":638,\"publisher\":{\"@id\":\"https:\/\/airportscouncil.org\/#organization\"},\"keywords\":[\"Johnson Controls\"],\"articleSection\":[\"Environment\",\"Operations\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/\",\"url\":\"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/\",\"name\":\"Meeting Sustainability Goals with Innovative Financing Models - Airports Council International - North America\",\"isPartOf\":{\"@id\":\"https:\/\/airportscouncil.org\/#website\"},\"datePublished\":\"2023-04-21T17:08:49+00:00\",\"breadcrumb\":{\"@id\":\"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/airportscouncil.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Meeting Sustainability Goals with Innovative Financing Models\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/airportscouncil.org\/#website\",\"url\":\"https:\/\/airportscouncil.org\/\",\"name\":\"Airports Council International - North America\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/airportscouncil.org\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/airportscouncil.org\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/airportscouncil.org\/#organization\",\"name\":\"Airports Council International\",\"url\":\"https:\/\/airportscouncil.org\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/airportscouncil.org\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i1.wp.com\/airportscouncil.org\/wp-content\/uploads\/job-manager-uploads\/company_logo\/2018\/10\/ACI-NA-High-Res.jpg?fit=498%2C620&ssl=1\",\"contentUrl\":\"https:\/\/i1.wp.com\/airportscouncil.org\/wp-content\/uploads\/job-manager-uploads\/company_logo\/2018\/10\/ACI-NA-High-Res.jpg?fit=498%2C620&ssl=1\",\"width\":498,\"height\":620,\"caption\":\"Airports Council International\"},\"image\":{\"@id\":\"https:\/\/airportscouncil.org\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/airportscouncil\",\"https:\/\/x.com\/airportscouncil\",\"https:\/\/www.linkedin.com\/company\/airports-council-international---north-america\/\",\"https:\/\/www.youtube.com\/user\/ACINorthAmerica\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/airportscouncil.org\/#\/schema\/person\/26be029a86cac3bb370e0b1afa55177f\",\"name\":\"RaechelRucker\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/airportscouncil.org\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/cf26072d4bf0a0c2654b5c7959910dcbde1c7f8ccc16f4620d0d512d1dd6437b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/cf26072d4bf0a0c2654b5c7959910dcbde1c7f8ccc16f4620d0d512d1dd6437b?s=96&d=mm&r=g\",\"caption\":\"RaechelRucker\"},\"description\":\"Created by Philstacks iMIS SSO. Member Type = Member. Last updated on 2025-10-20 12:09:14\",\"url\":\"https:\/\/airportscouncil.org\/author\/raechelrucker\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Meeting Sustainability Goals with Innovative Financing Models - Airports Council International - North America","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/","og_locale":"en_US","og_type":"article","og_title":"Meeting Sustainability Goals with Innovative Financing Models - Airports Council International - North America","og_description":"By Ramsey Nuwar, Johnson Controls Airports across North America and on a global scale have committed to achieving net zero carbon emissions by 2050, but securing the funding to achieve [&hellip;]","og_url":"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/","og_site_name":"Airports Council International - North America","article_publisher":"https:\/\/www.facebook.com\/airportscouncil","article_published_time":"2023-04-21T17:08:49+00:00","author":"RaechelRucker","twitter_card":"summary_large_image","twitter_creator":"@airportscouncil","twitter_site":"@airportscouncil","twitter_misc":{"Written by":"RaechelRucker","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/#article","isPartOf":{"@id":"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/"},"author":{"name":"RaechelRucker","@id":"https:\/\/airportscouncil.org\/#\/schema\/person\/26be029a86cac3bb370e0b1afa55177f"},"headline":"Meeting Sustainability Goals with Innovative Financing Models","datePublished":"2023-04-21T17:08:49+00:00","mainEntityOfPage":{"@id":"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/"},"wordCount":638,"publisher":{"@id":"https:\/\/airportscouncil.org\/#organization"},"keywords":["Johnson Controls"],"articleSection":["Environment","Operations"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/","url":"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/","name":"Meeting Sustainability Goals with Innovative Financing Models - Airports Council International - North America","isPartOf":{"@id":"https:\/\/airportscouncil.org\/#website"},"datePublished":"2023-04-21T17:08:49+00:00","breadcrumb":{"@id":"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/"]}]},{"@type":"BreadcrumbList","@id":"http:\/\/live-aci-na.pantheonsite.io\/2023\/04\/21\/meeting-sustainability-goals-with-innovative-financing-models\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/airportscouncil.org\/"},{"@type":"ListItem","position":2,"name":"Meeting Sustainability Goals with Innovative Financing Models"}]},{"@type":"WebSite","@id":"https:\/\/airportscouncil.org\/#website","url":"https:\/\/airportscouncil.org\/","name":"Airports Council International - North America","description":"","publisher":{"@id":"https:\/\/airportscouncil.org\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/airportscouncil.org\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/airportscouncil.org\/#organization","name":"Airports Council International","url":"https:\/\/airportscouncil.org\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/airportscouncil.org\/#\/schema\/logo\/image\/","url":"https:\/\/i1.wp.com\/airportscouncil.org\/wp-content\/uploads\/job-manager-uploads\/company_logo\/2018\/10\/ACI-NA-High-Res.jpg?fit=498%2C620&ssl=1","contentUrl":"https:\/\/i1.wp.com\/airportscouncil.org\/wp-content\/uploads\/job-manager-uploads\/company_logo\/2018\/10\/ACI-NA-High-Res.jpg?fit=498%2C620&ssl=1","width":498,"height":620,"caption":"Airports Council International"},"image":{"@id":"https:\/\/airportscouncil.org\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/airportscouncil","https:\/\/x.com\/airportscouncil","https:\/\/www.linkedin.com\/company\/airports-council-international---north-america\/","https:\/\/www.youtube.com\/user\/ACINorthAmerica"]},{"@type":"Person","@id":"https:\/\/airportscouncil.org\/#\/schema\/person\/26be029a86cac3bb370e0b1afa55177f","name":"RaechelRucker","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/airportscouncil.org\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/cf26072d4bf0a0c2654b5c7959910dcbde1c7f8ccc16f4620d0d512d1dd6437b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cf26072d4bf0a0c2654b5c7959910dcbde1c7f8ccc16f4620d0d512d1dd6437b?s=96&d=mm&r=g","caption":"RaechelRucker"},"description":"Created by Philstacks iMIS SSO. Member Type = Member. Last updated on 2025-10-20 12:09:14","url":"https:\/\/airportscouncil.org\/author\/raechelrucker\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pa7wRE-7ik","_links":{"self":[{"href":"https:\/\/airportscouncil.org\/wp-json\/wp\/v2\/posts\/28044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/airportscouncil.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/airportscouncil.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/airportscouncil.org\/wp-json\/wp\/v2\/users\/5364"}],"replies":[{"embeddable":true,"href":"https:\/\/airportscouncil.org\/wp-json\/wp\/v2\/comments?post=28044"}],"version-history":[{"count":1,"href":"https:\/\/airportscouncil.org\/wp-json\/wp\/v2\/posts\/28044\/revisions"}],"predecessor-version":[{"id":28045,"href":"https:\/\/airportscouncil.org\/wp-json\/wp\/v2\/posts\/28044\/revisions\/28045"}],"wp:attachment":[{"href":"https:\/\/airportscouncil.org\/wp-json\/wp\/v2\/media?parent=28044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/airportscouncil.org\/wp-json\/wp\/v2\/categories?post=28044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/airportscouncil.org\/wp-json\/wp\/v2\/tags?post=28044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}