Tag: stormwater (Page 2 of 4)

Staying Up to Date with North Carolina Stormwater Utility Fees

In order to better understand the stormwater finance and governance landscape, the Environmental Finance Center at the University of North Carolina at Chapel Hill recently inventoried and analyzed the stormwater fees used by 74 municipalities and three counties charging stormwater utility fees across North Carolina . These fees are used to fund programs and activities that improve surface water quality, help meet regulatory requirements, and address a variety of critical stormwater and drainage management needs.  Before a deep dive into North Carolina stormwater fees, we’ve provided a review of some relevant terminology: Continue reading

Five Communication Tips for Stormwater Incentive Programs

Stormwater incentive programs are a creative tool used by some towns and cities to encourage community participation in stormwater management practices. Many of the incentive programs encourage citizens to install green stormwater infrastructure projects on their property. Stormwater ‘incentive’ programs can be found in municipalities across the United States and can take on a variety of formats; rebates, grants, cost sharing, and loans are some of the most popular methods. These programs usually offer incentives for both commercial and residential property owners, and they encourage projects like rain gardens, cisterns, rain barrels, green roofs, bioswales, permeable pavers, and native tree plantings.

Projects like this help improve the water quality of impacted water bodies by preventing pollutants from entering waterways and mitigating flooding problems in impacted areas. While the benefit of using these practices is substantial, offering financial incentives tends to boost interest from property owners to participate in such programs.  Continue reading

Environmental Impact Bonds: Realistic Expectations for a Promising Trend

Guest post by Reed Perry, a Master of Environmental Management candidate at the Duke University Nicholas School of the Environment.

A $25 million dollar Environmental Impact Bond (EIB) issued by DC Water last year has captured the attention of environmental groups, investment firms, and policymakers alike. The nation’s first of its kind, this bond was announced in September 2016 and was followed by a buzz of excitement and inquiry. But what exactly is an EIB, and how plausible is its application for your organization’s project? Continue reading

Financing Water Management in a Caribbean Setting – A Case Study of Trinidad and Tobago: Part 2

With their lush vegetation, high annual rainfall levels, and panoramic views of water, you might think that Caribbean islands have escaped many of the water management problems that other communities experience. But managing water in this setting has many challenges. Recurrent flooding problems are plaguing many islands. In Trinidad these problems are rooted in increased development and behavioral practices such as pollution. Managing this flooding, along with providing adequate and reliable public water supply, requires creative financing mechanisms.

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