BLOG: San Francisco Makes History With New Water Bond

Finding funding for water infrastructure projects can sometimes be tough, especially for smaller, decentralized projects that don’t fall under the criteria of traditional funding sources. But another avenue for accessing resources is coming to light after the San Francisco Public Utilities Commission last week became the first entity to issue a green bond certified under the Water Climate Bonds Standard.

Green bonds were established as a way to direct private financing to environmental projects, and in less than 10 years, it has it has generated $41.8 billion.