green-infrastructure

City Awarded Environment Impact Bond

The city of Atlanta recently became the first municipality in the country to be awarded a publicly-offered Environmental Impact Bond (EIB) for green infrastructure projects. The bond will help support eight infrastructure projects within the area. These eight projects were developed to help improve the waste and stormwater management and reduce the strain on the current infrastructure and sewer system. An EIB is an innovative financing tool that uses a Pay for Success (PFS) approach to provide up-front capital for environmental programs, either to pilot a new approach whose performance is viewed as uncertain or to scale up a solution that has been tested on a small scale. In its most basic form, private investors participating in a PFS model

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