Public-Private Partnerships Beneficial for Implementing Green Infrastructure
This article from Bloomberg BNA explores new ways to accelerate the rate and reduce the cost of green infrastructure investment. Large-scale investments are needed to address the impacts of excessive stormwater runoff and associated pollutants. However, traditional methods of investment in green infrastructure are often done in a piecemeal and inefficient manner. A new approach, referred to as Community-Based Public-Private Partnerships (CBP3s), can disrupt the status quo by increasing cost efficiencies and focusing on local economic development and social benefits associated with large-scale green stormwater infrastructure investments.