Demystifying environmental impact bonds


Demystifying environmental impact bonds

Environmental impact bonds are financial instruments gaining popularity to solve complex sustainability issues. But which issues can be solved? And is it effective in doing so? Wageningen Environmental Research is looking for a student who is excited to demystify this innovative instrument.

Practical information

  • Looking for: student of Management, Economics and/ or Consumer Studies
  • Type: internship or thesis (this can be adjusted in accordance)
  • Duration: 6 months
  • Location: Wageningen
  • Deadline for applications: 1 November 2018

About the assignment

The student will, in collaboration with Wageningen Environmental Research and NIVA (Norwegian Institute for Water Research) in Norway, research the mechanism, variety, and applications for environmental impact bonds. We are looking for a very concrete approach of the assignment. A more global picture is available.

The assignment takes place within the realm of the project New Water Ways. Sustainable cities of the future are challenged to reduce their consumption of precious freshwater and the amount of wastewater they produce by reusing water and converting today´s unused water sources into resources. The project New Water Ways aims to move beyond today’s conventional urban water management, particularly stormwater management by making use of rainwater runoff instead of conveying it to the wastewater treatment plant. New Water Ways relates to the transition to sustainable urban water management, moving from drained cities to green, liveable, climate-adapted and water-sensitive cities.

Activities include:

  • Desk research
  • Conducting interviews
  • Analysis
  • Reporting

Example research questions

How can a financing mechanism, such as environmental impact bonds, stimulate investments in green urban climate solutions in cities in the Nordics and the Netherlands?

How does an environmental impact bond work? What is needed, what are key ingredients, do’s and don’ts?

Example: US, Washington D.C.