Financing Resilience: How Environmental Impact Bonds Can Help Louisiana
Through EDF’s long history of working in Louisiana to protect and restore land and habitat, we saw that financing coastal resilience projects would be a key challenge for Louisiana. With climate change, other states and communities are also struggling to find funding that would allow them to adapt to rapidly changing coastal conditions. With this realization, EDF’s team partnered with Quantified Ventures, an impact investing consulting firm, to explore a key question: can innovative financing through an Environmental Impact Bond help bring much-needed capital to restoration or other coastal resilience projects, and quickly?