A First of Its Kind Project

curbside rain garden DC-DOEE 695x352

A curbside rain garden gathers runoff along a busy street. Green infrastructure projects like these help reduce local flooding while enhancing the overall aesthetics of a community.

D.C. Department of Energy & Environment

Exciting news! Last week, in a first of its kind project in Maryland, the City of Baltimore and CBF announced a new strategy for improving neighborhoods while reducing water pollution at the same time. 

Specifically, CBF, with the impact advisory firm Quantified Ventures, is helping Baltimore create Environmental Impact Bonds to help pay for more than 90 polluted runoff management projects throughout the city. These projects include specially designed landscaping that helps absorb polluted runoff before the pollution reaches our rivers and creeks. 

What's more, the city's repayment of the bonds would be based on the effectiveness of the projects. Just watch this video to learn more about this innovative way of improving communities and reducing pollution through "green infrastructure.” 

CBF continues to look for innovative municipalities and water utilities in Pennsylvania, Maryland, and Virginia to partner with on a pro-bono basis in adopting the Environmental Impact Bond model to finance green infrastructure projects.  Learn more about how to apply. 

Here's to healthier communities and cleaner waters in Baltimore and across the watershed! 

P.S. Check out this CBS Baltimore story for more on this exciting new project!

Lee Epstein, CBF's Lands Program Director and Special Counsel

Issues in this Post

Environmental Impact Bonds   Environmental Impact Bonds   Innovate   Runoff Pollution   Water Quality   CBF in Maryland  




Disclaimer

The views and opinions expressed in the media or articles on this site are those of the speakers or authors and do not necessarily reflect the views and opinions held by CBF and the inclusion of such information does not imply endorsement by CBF. CBF is not responsible for the contents of any linked Website, or any link contained in a linked Website, or any changes or updates to such Websites. The inclusion of any link is provided only for information purposes.


Share Your Clean Water Story

What does the Bay, its rivers and streams mean to you? What impact have the Bay and its local waters had on your life? We'd like to know.

Share Your Story

Volunteer

Do you enjoy working with others to help clean the Chesapeake Bay? Do you have a few hours to spare? Whether growing oysters, planting trees, or helping in our offices, there are plenty of ways you can contribute.

Volunteer
x
This website uses cookies to tailor and enhance your online experience. By continuing, you are agreeing to our use of cookies. For more information, including details on how to disable cookies, please visit our Privacy Policy. Close