Atlanta and Baltimore prep pay-for-results green bonds
![Atlanta skyline skyscrapers in fog clouds from Adobe 230x150.jpg](https://assets.euromoneydigital.com/dims4/default/575ef72/2147483647/strip/true/crop/230x153+0+0/resize/840x559!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fbc%2F6b%2Fc0f4dc92af5518f2ded1885551a4%2Fatlanta-skyline-skyscrapers-in-fog-clouds-from-adobe-230x150.jpg)
The US cities of Atlanta and Baltimore are preparing to issue innovative impact bonds to finance construction of new green infrastructure, such as parks, to soak up floodwater. The deals will pay investors extra if the infrastructure performs better than expected.
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