Growing Returns

Selected tag(s): coastal communities

How can we reduce losses from coastal storms? Monitor the health of our coasts.

With a rapidly changing climate and more frequent extreme events like floods and droughts, comprehensive environmental monitoring will be increasingly important for coastal planners, farmers and others invested in natural resource management.

Monitoring efforts can cover the whole spectrum of environmental and socioeconomic concerns to provide a holistic picture of ecosystem health over the short- and long-term. This can help to inform future decisions and planning based on the most recent conditions and trends.

However, it can be difficult to coordinate monitoring efforts across political boundaries and agencies, and monitoring is expensive to maintain over time.

Luckily, Louisiana is already a world leader in utilizing collaborative monitoring data to inform coastal restoration and planning efforts. Read More »

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Environmental impact bonds can help make coastal communities safer, sooner. Here’s how.

Last year’s hurricane season was the most destructive disaster season in U.S. history, causing $265 billion in damage and forcing more than one million Americans from their homes.

As climate change causes weather to get more extreme, coastal communities across the country are struggling to find cost-effective solutions to enhance their resiliency to storms and develop new ways to finance that work.

Photo Credit: Karen A. Westphal, Audubon Louisiana

How can we help make coastal communities more resilient more quickly? How can we engage the private sector in coastal resiliency efforts and generate a financial return for investors?

Together with my EDF colleagues and partners, I set out to explore how one innovative financing mechanism – environmental impact bonds – might help. Read More »

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