Green infrastructure has become a growing component of many local governments' environmental stewardship strategies. While many smaller scale demonstration projects across the country have attracted external grant funding, full-scale implementation will require a robust financing approach.
Under a cooperative agreement with EPA, the EFC at UNC is working to promote innovative financing approaches for stormwater and green infrastructure projects. The project was also aimed at capturing the lessons learned on areas such as budget considerations and incentive mechanisms for green infrastructure projects.
Products under this project include a guide to capital improvement of green infrastructure, a report on green infrastructure finance strategy, a series of blog posts on green infrastructure finance topics, and several other resources, all located under the Resources tab.
While reference was made to many examples of green infrastructure finance mechanisms from around the country, the EFC at UNC focused assistance efforts on the following three communities under this project. The following are case studies on the approaches to green infrastructure in these three very different project communities:
- Durham, North Carolina
- Ramsey Washington Metro Watershed District, Minnesota
- Rincon, Georgia