Guest post by Reed Perry, a Master of Environmental Management candidate at the Duke University Nicholas School of the Environment.
A $25 million dollar Environmental Impact Bond (EIB) issued by DC Water last year has captured the attention of environmental groups, investment firms, and policymakers alike. The nation’s first of its kind, this bond was announced in September 2016 and was followed by a buzz of excitement and inquiry. But what exactly is an EIB, and how plausible is its application for your organization’s project? Continue reading