Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1029/2020WR027328 |
Stochastic hydro‐financial watershed modeling for environmental impact bonds | |
Matthew W. Brand; Napoleon Gudiñ; o‐; Elizondo; Maura Allaire; Steven Wright; Waylon Matson; Phil Saksa; Brett F. Sanders | |
2020-08-03 | |
发表期刊 | Water Resources Research |
出版年 | 2020 |
英文摘要 | Soil erosion, poor water quality, and degraded ecosystems impose major cost burdens and challenges for stormwater managers. We present a stochastic hydro‐financial watershed modeling framework for designing an Environmental Impact Bond (EIB) ‐ a new form of financing for comprehensive, watershed scale interventions. EIB's provide capital for interventions that is repaid over time with interest by stakeholders who experience reduced costs (savings). The EIB is also structured so stakeholders and investors share the reward of cost savings. The framework estimates cost savings from interventions and accounts for aleatory and epistemic uncertainty in costs, which in turn impacts the financial terms of the EIB. In particular, we show a method to reward investors for taking on the risk that interventions fail. The framework is applied to a trans‐national pollution and sedimentation problem on the U.S.‐Mexico border, and has broad applicability for a wide range of environmental problems. |
领域 | 资源环境 |
URL | 查看原文 |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/287743 |
专题 | 资源环境科学 |
推荐引用方式 GB/T 7714 | Matthew W. Brand,Napoleon Gudiñ,o‐,等. Stochastic hydro‐financial watershed modeling for environmental impact bonds[J]. Water Resources Research,2020. |
APA | Matthew W. Brand.,Napoleon Gudiñ.,o‐.,Elizondo.,Maura Allaire.,...&Brett F. Sanders.(2020).Stochastic hydro‐financial watershed modeling for environmental impact bonds.Water Resources Research. |
MLA | Matthew W. Brand,et al."Stochastic hydro‐financial watershed modeling for environmental impact bonds".Water Resources Research (2020). |
条目包含的文件 | 条目无相关文件。 |
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