August 19, 2019 by Contributing Author

Environmental Impact Bonds: The Very Welcome New Kid on the Municipal Finance Block

In 2016, DC Water issued a unique $25 million Environmental Impact Bond, the proceeds of which went to green infrastructure projects to reduce the flow of stormwater into the Potomac River.

---

By Michael Curley

The public finance industry is not well known for breathtaking innovations nor spontaneous breakthroughs. But in the past three years a truly innovative development has occurred: Environmental Impact Bonds (EIBs).

Continue Reading

This archived story is available after you provide your email address and accept our Privacy Policy.

URL

This field is for validation purposes and should be left unchanged.

Email Address*

Benjamin Media uses the information you provide to us to contact you about our relevant content, products, and services. Benjamin Media will share the information you provide to us with sponsor(s) of requested content. You can unsubscribe from communications from Benjamin Media at any time. For more information, check out Benjamin Media's Privacy Policy.*

I agree with the Benjamin Media privacy policy.

Benjamin Media uses the information you provide to us to contact you about our relevant content, products, and services. Benjamin Media will share the information you provide to us with sponsor(s) of requested content. You can unsubscribe from communications from Benjamin Media at any time. For more information, check out Benjamin Media's Privacy Policy.

Δ

Tags: August 2019 Print Issue, Environmental Impact Bonds, Michael Curley, water finance

Share this post

Tweet

1 Comments

1. Gabriela Andrade says:

   September 10, 2020 at 1:40 am

   Wonderful explanation of the EIB structure and motivations. It is actually great that the investor’s willingness to create a positive environmental impact is not only shown by lending the money, but also by assuming a portion of the risk when doing so. It is a matter of time, specially with the COVID crisis, that this kind of investment spreads further.

   Reply