Atlanta Issues Environmental Impact Bond for Green Infrastructure

https://nextcity.org/daily/entry/atlanta-issues-public-environmental-impact-bond-for-green-infrastructure

For a long time, says Amanda Hallauer, a watershed manager in Atlanta’s Department of Watershed Management, Proctor Creek was an integral part of the neighborhoods that surround it. The creek, which runs from downtown Atlanta to the Chattahoochee River, “was healthy and an asset,” Hallauer says. But as the upstream neighborhoods were developed with impervious surfaces, over decades, the downstream neighborhoods suffered the impacts of living alongside an increasingly polluted creek: stream degradation, sewage overflows, brownfields, blight, and disinvestment.