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A primer for water leaders on how to debt-finance distributed infrastructure projects and consumer rebates.
In 2017, we continued to change how national agencies account for natural capital. We strengthened our partnership and influence with the General Accounting Standards Board (GASB), which sets accounting rules for state and local governments throughout the country. By helping GASB clarify the use of one of its standards – a clarification that was recently published in GASB’s 2018 Implementation Guide – we opened a way for state and local agencies to count natural capital as assets. This change will allow agencies to unlock the financing needed to scale up installations of green infrastructure as well as conservation and restoration projects that can save utilities money while also improving community health and resilience.
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