Watershed Financing Incubator Project

Project Summary

Supported by the US EPA Chesapeake Bay Program Office, the Watershed Financing Incubator Project is an expansion of the EFC’s Trust Fund work. The goal of the project is to facilitate the use of existing public financing mechanisms as effective incentives for private investment in water quality practices.  Specifically, our work is centered on: 

  • Refocusing existing state-based financing tools towards more performance-based investment and financing goals. 
  • Establishing public financing mechanisms that have the flexibility and authority to make efficient and effective investments in water quality.
  • Incentivizing investments from the private sector, through direct engagement with private firms, both in terms of financing and project implementation.

 

The project team is facilitating the communication and engagement of public and private financing experts.  In addition, we are working to establish relationships with organizations addressing water quality issues in ecosystems other than the Chesapeake Bay, including the Puget Sound in Washington and the Narragansett Bay in Rhode Island.  The idea is to create an incubator within the Chesapeake Bay watershed that can be informed by the experiences and successes of other communities across the country.

 Sponsor

US EPA Chesapeake Bay Program Office 

For more information, please contact Dan Nees at dnees@umd.edu or 301.405.5421.