Growing Returns

Selected tag(s): flooding

4 ways North Carolina’s Legislature can build lasting flood resilience

By / Bio / Published: April 1, 2021

As North Carolina continues to recover from a string of flooding and storm disasters, legislative leaders have recognized the opportunity for the state to not just recover from recent storms but to rebuild better before the next disaster.

This week, Environmental Defense Fund released a white paper [PDF] recommending four specific policy actions that would better protect residents and businesses from more severe flooding, create jobs and increase climate resilience.   

These four policies will also help the state better compete for federal funding, build capacity within communities and equitably align solutions for those who are disproportionately impacted by disasters.   Read More »

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Federal Reserve warns of financial risks from climate change. Agricultural banks must act fast.

By / Bio / Published: January 12, 2021

Climate change poses a multitude of financial risks and financial leaders are increasingly calling for the measurement, disclosure and mitigation of these risks.

The Federal Reserve recently highlighted climate change in its annual financial stability report, warning that climate-driven weather events could cause price instability and other significant financial system vulnerabilities. The Fed’s report adds momentum to a growing wave of attention being paid to climate-related financial risk. Read More »

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Financial leaders release climate risk report calling for agricultural resilience

By / Bio / Twitter profile / Published: September 9, 2020

A report released today by a subcommittee of the U.S. Commodity Futures Trading Commission, Managing Climate Risk in the U.S. Financial System, examines the threat that increasingly extreme and volatile weather poses to the stability of financial markets, including U.S. agricultural markets. Representatives from EDF served on the 35-member panel.

The report found climate risks pose a wide range of threats to U.S. agriculture — including heat stress on farmworkers, livestock and crops, soil and water quality degradation, more frequent supply chain disruptions and productivity declines. Read More »

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Congress is advancing bipartisan climate resilience policies in 3 key ways

By / Bio / Published: June 30, 2020

Congressional leaders across both parties are taking action to build climate resilience, and for good reason.

Natural disasters and extreme weather know no political affiliations or geographic boundaries, and are impacting all Americans with greater severity. Our country desperately needs investments in infrastructure that can withstand these disasters, while also increasing public safety, lowering the cost of disaster recovery, and spurring job and economic growth. Read More »

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North Carolina’s Legislature moves toward greater flood protection and climate resilience

By / Bio / Published: June 25, 2020

Update, July 1, 2020: North Carolina’s Senate and House unanimously passed HB 1087. We thank Rep. Bell, Rep. McGrady and Sen. Newton for their leadership in advancing this important piece of legislation. Gov. Cooper signed HB 1087 on July 1, 2020. EDF staff will be working with Division of Mitigation Services staff and stakeholders to develop the program. Read our statement in response here. 

Earlier this month, North Carolina released its first Climate Risk Assessment and Resilience Plan to prepare for more intense rain events and flooding. In particular, the plan emphasizes natural infrastructure as a means to reduce flooding and provide other benefits.

On the heels of the plan’s release, North Carolina’s General Assembly is expected to pass a bill that contains a measure to create a faster, more efficient path for investing in projects that reduce flooding, protecting downstream communities while also empowering the private sector to employ more North Carolinians.

Once passed, HB 1087 will go to Gov. Roy Cooper for his signature. If signed, the bill would not only help North Carolina implement natural infrastructure projects with greater urgency, but it would also create the nation’s first market for natural infrastructure projects to address flooding.

Read More »

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New York just took a huge step toward funding lasting climate resilience

By / Bio / Published: May 14, 2020

Earlier this year, New York Gov. Andrew Cuomo presented an ambitious challenge to the state Legislature: Pass a $3 billion bond to boost climate resilience and mitigate the impacts of sea level rise while preserving the state’s natural resources.

Last month, at the height of the coronavirus, the Legislature responded, passing a budget bill that included the Restore Mother Nature Bond Act.

The measure is expected to go to voters in the fall. If a majority approves the bond, it will put New York on a path to building lasting resilience, while also stimulating the economy, creating jobs and benefiting the state’s most vulnerable communities. Read More »

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How Congress can help farmers reduce loss and risk in uncertain times

By / Published: April 1, 2020

By Keith Alverson, a sixth-generation grain farmer in Chester, South Dakota and an adviser to Environmental Defense Fund.

It goes without saying that 2019 was an extremely difficult year for farmers like me. Unprecedented amounts of snow and rain led to 3.9 million acres in our state that couldn’t be planted.

Lake County, South Dakota, were I live, received 32% more rainfall than in a normal year. For most farmers in the area, this record-setting wet spring meant that they could only plant about 50% of planned corn acres and 80% of planned soybean acres. Read More »

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As if things weren’t already hard enough, farmers must brace for another wet spring

By / Bio / Published: March 20, 2020

Farmers have already been dealing with tough economic conditions exacerbated by a trade war, extreme weather and now the coronavirus. Unfortunately, the latest 2020 spring flood outlook shows that farmers in the Midwest could be facing yet another wet year.

Although projected to be less severe than 2019, the U.S. Spring Flood and Climate Outlook for 2020 predicts widespread flooding across 23 states with severe flooding in North Dakota, South Dakota and Minnesota. As a result of the 2019 floods, soils across the Midwest are full of moisture this spring, increasing the likelihood of flooding in 2020. Source: NOAA 

Making American farmland resilient to growing weather shocks like flooding requires greater adoption of conservation practices such as no-till and cover cropping practices that improve water infiltration and reduce erosion and field runoff. Despite the financial benefits of these practices, adoption remains low across the country. In 2017, only 3.9% of U.S. farmland adopted cover crops.

How can we scale conservation practice adoption to reduce risk and boost resilience of the agricultural sector? Read More »

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Coastal states need resilience plans. Here are six essential elements.

By / Bio / Twitter profile / Published: November 20, 2019

Coastal states are turning to resilience planning to confront extreme weather and climate change. New Jersey, North Carolina and Florida have all hired chief resilience officers to oversee their states’ resilience strategies. Louisiana has been a leader in coastal resilience for more than a decade.

In 2007, in the aftermath of Hurricanes Katrina and Rita, Louisiana embarked on its first of three Coastal Master Plans – science-based and publicly-informed coastal resilience plans. With each iteration, Louisiana improved the science, enriched public engagement and increased transparency in decision-making to build plans that were unanimously approved by the state legislature three times.

Based on this experience, here are six essential elements that states should include in their coastal resilience plans: Read More »

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Extreme wet weather in Louisiana and California highlights urgent need for newer, smarter strategies

By / Bio / Published: March 6, 2019

Coauthored by Ann Hayden and Steve Cochran

It’s not often that communities in California and Louisiana face similar water challenges. California is better known for having too little water and Louisiana too much – both challenges exacerbated by climate change.

But record-setting wet winter weather led both states last week to release significant amounts of water from reservoirs and rivers to prevent flooding, underscoring the need for new approaches to build climate-resilient communities across the country. Read More »

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