Post Tagged with: "Environmental Impact Bonds"

City of Buffalo to launch nation’s largest Environmental Impact Bond

City of Buffalo to launch nation’s largest Environmental Impact Bond

March 2, 2020 at 12:03 pm 0 comments

Mayor Byron W. Brown of Buffalo, N.Y. announced during his 14th State of the City address that Buffalo will launch the largest Environmental Impact Bond (EIB) in the country at $30 million. The funds from this investment will allow the City of Buffalo and BuffaloRead More

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.

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

August 19, 2019 at 8:41 am 1 comment

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). In 2008, the World Bank issued what it called a “green bond.”Read More

P3GreatLakes seeks green infrastructure funding via Environmental Impact Bonds

P3GreatLakes seeks green infrastructure funding via Environmental Impact Bonds

May 20, 2019 at 9:15 am 0 comments

The P3Great Lakes Initiative is seeking municipalities from the Great Lakes basin states — Minnesota, Wisconsin, Illinois, Indiana, Michigan, Ohio Pennsylvania and New York — to finance green stormwater infrastructure via an Environmental Impact Bond (EIB). According to P3Great Lakes, the EIB is a financing tool that uses a “PayRead More

A Closer Look at  Environmental Impact Bonds

A Closer Look at Environmental Impact Bonds

March 25, 2019 at 8:09 am 0 comments

How Are They Affecting Green Infrastructure? Across the nation, countless cities with antiquated sewer and stormwater systems are under orders from the U.S. Environmental Protection Agency (EPA) to reduce stormwater runoff to decrease the amount of pollution entering local waterways. When Washington, D.C., faced thisRead More

Atlanta DWM completes first publicly-issued Environmental Impact Bond 

Atlanta DWM completes first publicly-issued Environmental Impact Bond 

March 4, 2019 at 10:11 am 0 comments

Quantified Ventures, an impact investment firm, and Neighborly, a mission-oriented broker dealer, recently announced the issuance of the first impact bond to be offered on the public markets. The $14 million Environmental Impact Bond (EIB) gives the City of Atlanta Department of Watershed Management (DWM),Read More

Sharing the Risks and Rewards

Sharing the Risks and Rewards

June 18, 2018 at 11:45 am 0 comments

Could the ‘Pay for Success’ Model of Environmental Impact Bonds Be the Future of Water Infrastructure Financing? By Eric Letsinger My wife and I have typically shied away from hobbies that could put me in a position of having to fix things that might break —Read More