The Sustainable Business Network (SBN) officially released the Local Economic Impact Report of the First Five Years of Green City, Clean Waters.
Green City, Clean Waters is in year 5 of 25, with Philadelphia Water projected investments of $1.2 billion in stormwater infrastructure projects. However, the investment is estimated to produce a $3.1 billion impact in the local economy, supporting 1000 jobs and generating $2 million per year for local tax revenues (for 25 years.) Sustainable initiatives FTW!
The Philadelphia Water Department began Green City, Clean Waters as a sustainable solution to stormwater infrastructure. According to SBN,
The highly anticipated report, executed by Econsult, assesses the local economic impact of Green City, Clean Waters in its first 5 years. Using SBN’s GSI Partners as a proxy for the larger industry, the report also makes projections of what can be expected with continued investment in GSI.
SBN will brief City Council on February 24, 2016 on the results of the report and will use it for upcoming advocacy efforts.
Read the full report here.
Millions have been pledged to fight flooding in this local favorite shore town. Is it…
Read about how our latest Civic Catalyst advocates for and supports greening efforts in Queen…
Check out the latest sustainability news: Office of Sustainability releases 2025 Climate Action Update. OSS…
From Malvern to Massachusetts, the first blind birding event showed accessibility in action. Chester County…
More than 500 residents advocated for change, leading to 40% longer crosswalk times on Girard…
Check out the latest sustainability news: City Council votes to protect one of the city’s…