While municipal bonds have helped animate the growth of the United States for the past 200 years, critical urban infrastructure across the United States has fallen into disrepair, and traditional finance approaches for improvements have struggled to keep up. On top of this backlog, we also need to enhance the resilience of our infrastructure to prepare cities for growing physical, environmental, and economic challenges. This panel will introduce a new financing tool called the Environmental Impact Bond, launched first by DC Water and Quantified Ventures in 2016 and now being replicated in U.S. cities in 2018. Hear from city and utility executives exploring this type of financing for managing stormwater, building green infrastructure, and investing in resilience. We’ll also introduce investors and philanthropists playing a role in this new movement.
Topics covered include: stormwater management, green infrastructure, new jobs and green spaces for communities, impact investing, financing tools, philanthropy
Ben Cohen, Senior Associate, Quantified Ventures – moderator
Lee Epstein, Lands Program Director and Special Counsel, Chesapeake Bay Foundation
Bethany Bezak, Green Infrastructure Manager, DC Water
Kevin Bush, Chief Resilience Officer of Washington, D.C.
Mark Cameron, Section Chief, Watershed Planning + Partnerships at office of Compliance and Laboratories / Department of Public Works, Baltimore (invited)