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Report delves into private funding options for green infrastructure

By Seth Brown The playing field for innovation in funding/financing as well as project delivery in the water sector is very full right now. From “green” bonds to pay-for-success as well as performance-based contracting, many new models are on the scene. A report released Jan. 20, titled, Assessing the Market Size for Large-Scale Adoption of […]

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Ontario Environmental Commissioner releases 4-step stormwater funding reform plan

According to the latest installment of Canada’s annual Canadian Infrastructure Report Card, more than 650 stormwater-related urban floods throughout the country levied damages to more than 66,000 private properties between 2009 and 2016. To help prevent these damages, fix existing stormwater infrastructure, and accommodate future growth, the office of Dianne Saxe, Environmental Commissioner of Ontario […]

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U.S. EPA releases draft of long-term guide for stormwater planning

To help address the growing problem of runoff pollution in American cities, the U.S. Environmental Protection Agency (EPA) launched a step-by-step guide on Oct. 27 that will advise communities through the implementation or improvement of their own long-term stormwater management plans. The guide aims to prevent flooding as well as help communities reach broader economic […]

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DC Water issues first of its kind bond to fund DC Clean Rivers Project

In September, DC Water (Washington, D.C.) issued the first Environmental Impact Bond (EIB) in the U.S. DC Water will use the proceeds to fund the initial green infrastructure project in its DC Clean Rivers Project, which a $2.6 billion program to control stormwater runoff and improve the district’s water quality. The EIB offers a new […]

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EPA awards green infrastructure grants to Great Lakes cities

As part of the U.S. Environmental Protection Agency’s (EPA) ongoing Great Lakes Restoration Initiative, more than $2 million will be distributed among 13 cities in Ohio, Wisconsin, Indiana, Minnesota, and New York this year to fund green infrastructure projects. The grants, which were awarded on Aug. 10, are expected to fund projects that will prevent […]

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Grants recipient list released for stormwater projects

In its latest effort to preserve and improve the health of vital waterways, the Chesapeake Bay Trust and the Environmental Protection Agency will bestow grants totaling over $800,000 to 17 organizations from Pennsylvania to Southern Virginia through the partnership’s annual “Green Streets, Green Jobs, Green Towns” (G3) program. The grant, which funds implementation of projects […]

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Analysis reveals SRFs return billions on federal investment

Federal spending for the Drinking Water and Clean Water State Revolving Funds (SRFs) returns economic gains and jobs, according to a new economic benefits analysis released by the Water Environment Federation (WEF; Alexandria, Va.) and WateReuse Association (Alexandria, Va.). The analysis, WEF/WateReuse Analysis of National Economic, Job Creation, and Tax Revenue Benefits from Increased Funding […]

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New green infrastructure investment model receives $1.7 million in funding

Prudential Financial is investing $1.7 million in a pilot collaboration between The Nature Conservancy (Arlington, Va.) and asset management firm Encourage Capital (New York) to prevent millions of gallons of stormwater runoff originating in Washington D.C. from the entering the Anacostia and Potomac rivers. The venture, called District Stormwater LLC, is based on a new […]

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Pilot program selects two winners to advance water technology prototypes

The Water Council’s Pilot Deployment Program recently selected two winners to move their water technology working prototypes to real world demonstration sites for practical application. The pilot program, a partnership between the Water Council (Milwaukee), Milwaukee Metropolitan Sewerage District, and the Fund for Lake Michigan, provides support and funding to businesses of all sizes to help […]

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New Bond Opportunities Focus on Climate Resiliency

RE.bound program develops new resilience bond A team of private sector partners has released the framework for a new insurance-based product intended to generate capital for risk-reduction projects. The RE.bound Program, released Dec. 9, 2015, offers a new financial product called a “resilience bond.” These bonds are designed to help manage the financial risk from […]

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