Bond Financing for Remediation and Redevelopment in Industrial Contaminated Site

Abstract

According to the research on land securitization of China and other countries, land securitization of contaminated site in U.S., and a financial bond called Brownfields Value Contract in U.S, the relationships between stakeholders of contaminated site and participants of bonds were analyzed. And the contaminated site bond’s investors and their market demands were discussed as well. Furthermore, the initial concept on issuing the contaminated site quasi-municipal bonds was proposed in order to provide the theoretical framework and a basis for financing on sites remediation and redevelopment.