In a shifting landscape for public funding for the environment, there is a pressing need for private capital and innovative financing mechanisms to support environmental solutions. The capital is available, from impact investors to mainstream institutional banks and pension funds, and there is no shortage of high-priority environmental projects aimed at protecting our land, water, and population.
However, what's needed now are innovative, viable deals that connect this critical capital to the environmental projects and initiatives that need it most. Quantified Ventures is working with partners who are seeking to bridge that gap. Having closed the first environmental Pay for Success transaction in the nation with DC Water, we’re now working with partners in applying this model to make cities more resilient, engage farmers around agricultural best practices, and optimize processing of urban wood waste - and that’s just the start.
Our first Environmental Impact Bond (EIB) financed green infrastructure in Washington, DC to manage the city's stormwater and combined sewer overflow (CSO) issues. But these problems aren't limited to the nation's capital – combined sewer systems serve approximately 860 communities and 40 million people across the US. Sustainable infrastructure can be more cost-effective than grey infrastructure in addressing stormwater, flooding, and CSO challenges, while providing local environmental, economic, and social benefits to surrounding communities.
With support from the Rockefeller Foundation, we are now offering our EIB structuring and issuance services pro bono to two new US cities.
Nutrient and pollution discharges from agriculture can negatively impact water quality in downstream communities and lead to eutrophication and agal blooms, killing off animals and plants in surrounding rivers and watersheds. We are working with public and private sector actors to finance and implement agricultural best management practices that will reduce these effects, while helping farmers achieve added value for their crops from using sustainable and organic practices.
US forest and timber resources are intricately linked with a range of other environmental and economic issue areas. Quantified Ventures is working with partners to explore Pay for Success solutions that link sustainable forestry and timber activities to environmental and financial outcomes, whether it's supporting recreation and tourism economies, or repurposing urban wood waste to conserve timber resources while promoting a circular economy.
Over half of Americans live along the country's 94,000 miles of coastline, and these areas are responsible for 58% of US GDP. Many of these coastal communities in the US and around the world are grappling with the effects of climate change and natural hazards, such as more frequent and damaging storms, erosion, and sea level rise. We are working to spur investment in solutions that protect and build resilience for people and property along our vulnerable shorelines.