Stormwater is the only major source of nitrogen pollution still increasing in the Chesapeake Bay watershed. CBF is introducing Bay local jurisdictions to a new way of financing stormwater solutions—and realizing additional benefits such as local sustainable jobs and more healthy, vibrant communities.
Join us to learn how Environmental Impact Bonds can be used to finance green infrastructure projects for improved stormwater management in Virginia. This innovative “Pay for Success” financing model can bring in new investors to help municipalities pilot or scale up their green infrastructure programs.
Working with impact investment advisory firm Quantified Ventures, CBF is providing pro bono support to Virginia municipalities and water utilities seeking funding for stormwater management and related resilience projects.
Additional information can be found at cbf.org/eib