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Financing Resilience: How Environmental Impact Bonds Can Help Louisiana

Here’s how to design cities where people and nature can both flourish

Urban nature has a critical role to play in the future liveability of cities. An emerging body of research reveals that bringing nature back into our cities can deliver a truly impressive array of benefits, ranging from health and well-being to climate change adaptation and mitigation. Aside from benefits for people, cities are often hotspots for threatened species and are justifiable locations for serious investment in nature conservation for its own sake.

Australian cities are home to, on average, three times as many threatened species per unit area as rural environments. Yet this also means urbanisation remains one of the most destructive processes for biodiversity….

 

Financing Resilience: How Environmental Impact Bonds Can Help Louisiana

Last week, Environmental Defense Fund (EDF) and Quantified Ventures released a report defining how using an innovative financing tool—an Environmental Impact Bond—can help Louisiana and other coastal areas protect their coastal communities and economy.

Louisiana’s coast is disappearing at a rate of roughly one football field every 100 minutes. The state has put together a bold $50 billion Coastal Master Plan to address these losses through investments in coastal resilience and protection, including through nature-based solutions such as wetland restoration. While the state has some funding identified for this work, it’s not enough—and these projects get increasingly expensive over time due to inflation and as more land is lost to the sea….

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This entry was posted on 27/10/2018 by in Uncategorized and tagged , , , .

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