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

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

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