DC Water has been honored with the “Green Bond of the Year – US Muni Bond” award by Environmental Finance, a leading industry publication. This achievement celebrates DC Water’s leadership in sustainability and its dedication to responsible municipal financing. The recognition comes during Earth Month, emphasizing DC Water’s contribution to transforming how cities fund vital green infrastructure projects. The award highlights DC Water’s ongoing commitment to investing in clean water initiatives that protect both the environment and public health.
DC Water’s green bonds exclusively finance and refinance the DC Clean Rivers Project, a comprehensive initiative aimed at reducing combined stormwater and sewer overflows, improving climate resilience, and enhancing water quality.
Investments in this program include the Potomac River Tunnel which will capture and divert combined overflows, reducing the volume entering the river by 93%, and the number of events from 74 times a year to just four. Once complete in 2030, along with the Piney Branch Tunnel and green infrastructure, the combined projects will improve water quality, protect public health and the environment, and reduce pollution in the Potomac River and Chesapeake Bay—the largest estuary in the United States.
dcwater.com
April 20, 2026