Environmental Impact Bond: an innovative financing mechanism for enhancing resilience in the city of Atlanta through green infrastructure

Abstract

mayor keisha lance bottoms city of atlanta’s environmental impact bond for green infrastructure amanda medori hallauer, department of watershed management kishia l. powell, commissioner department of watershed management 4/25/2019 city of atlanta department of watershed management 1.2m customers served $617m fy 2019 operating budget $1.26b 5-yr capital improvement program water system wastewater system watershed protection delivers 98 mg of safe drinking water per day collects and treats 150 mg of wastewater per day manages stormwater innovation, sustainability, and resilience are core to the mission of dwm. stormwater challenges resilience urbanization and climate change compound the impacts of stormwater runoff stormwater runoff degrades waterways, affects public health, and causes private property damage, threatening the city’s resilience. 8/30/20172stormwater management is one of the challenges to our city’s resiliencedwm receives about 1,300 complaints about stormwater issues every year.water quality issuesdamaged infrastructurestreet floodingissues are city-wide. resilience & green infrastructure • resilient atlanta plan establishes the need for comprehensive stormwater management • green infrastructure (gi) is a stormwater management approach that reduces runoff by replicating or restoring natural systems, with the added advantage of multiple co-benefits l a t n e m n o r i v n e •water quality •air quality •wildlife habitat •floodplain restoration •climate mitigation …

Source: pdf_first_chars