As part of its Clean Rivers Project, DC Water will invest $158 million in green stormwater investments with an overall goal of reducing combined sewer overflows to area surface waters such as Rock Creek. To help pay for these green infrastructure projects, DC Water issued the nation’s first Environmental Impact Bond in partnership with Quantified Ventures. The pay-for-success model helped shift risk away from DC Water to outside investors, minimizing the impact on ratepayers.
Click below to download Quantified Ventures’ full case study on DC Water’s EIB. You can also find WaterNow’s Innovation in Action: 21st Century Water Infrastructure Solutions white paper featuring DC Water together with 12 other localized infrastructure case studies in the All Resources library.
Program costs and funding sources
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