Read the following passage carefully:
To cushion rapidly expanding peri-urban municipalities against catastrophic flash flooding and escalating surface water scarcity, environmental planners have advocated financing the ecological restoration of degraded urban wetlands through municipal green revenue bonds. Unlike traditional infrastructure projects funded by central budgetary outlays, green revenue bonds tie debt servicing directly to dedicated ecological user tariffs levied on commercial property developers operating within designated catchments. Proponents assert that this ring-fenced municipal financing framework will establish self-sustaining wetland conservation while relieving state treasuries of recurring maintenance burdens. Critics contend that debt financing creates fiscal vulnerabilities for smaller municipalities. Nevertheless, urban local bodies are accelerating bond issuance under the premise that ecological restoration will yield predictable, quantifiable flood-risk reduction metrics within five fiscal years, thereby satisfying bondholders' risk assessment protocols and ensuring sustained secondary market trading of municipal green paper.
Statement: For the proposed municipal green revenue bond framework to function as a self-sustaining financing mechanism without relying on state budgetary outlays, commercial property developers in the catchment zones must possess the financial capacity and compliance willingness to pay the dedicated ecological user tariffs.
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