Tag Archives: financing

New Report Underscores Funding Needs For U.S. Stormwater Sector

As heavy storm events become more frequent and impervious coverage spreads, the gap between current U.S. investment in stormwater management and the level necessary to satisfy Clean Water Act requirements continues to widen. According to the latest estimates from the U.S. Environmental Protection Agency (EPA), bolstering stormwater infrastructure to effective levels will require nearly $70 […]

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Greek government to receive €70 million for flood-control projects

In July, flooding caused by an intense rainstorm in the Halkidiki region of northern Greece led to 7 deaths and more than 100 injuries. The flooding, which occurred in the middle of one of Greece’s traditionally driest months, knocked out water and power in much of the affected area for several weeks. The flood effects […]

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Penn State plots new course for on-campus green infrastructure

It’s easy to make small, incremental changes. In the world of stormwater, that might mean installing a rain garden or green roof. And while the little changes can help, it’s the big plans that make the most significant differences. That’s what Hong Wu, assistant professor of landscape architecture at Pennsylvania State University (PSU; State College) […]

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City of Hampton, Va., considers ‘pay-for-success’ funding strategy to enhance resilience

In coastal Hampton, Va., city planners are considering an innovative financing strategy to support new green stormwater infrastructure (GSI) projects. This aims to turn the tide against the severe weather and rising sea levels that have led to increased flooding. The city hopes that by issuing “environmental impact bonds” (EIBs) to investors who seek financial, […]

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