Brandywine-Christina Healthy Water Fund

Transcription

1 d Martha Narvaez - University of Delaware - Water Resources Center 2017 Delaware Estuary Science & Environmental Summit Brandywine-Christina l Healthy lwater Fund

2 Project Goal Fishable, swimmable, potable

3 Water Fund A written agreement between stakeholders that guides implementation of conservation and includes:

4 The Brandywine-Christina Watershed

5 State Brandywine-Christina Watershed an interstate watershed Area (sq. mi.) DE 157 (28%) PA 400 (71%) MD 8 (1%) TOTAL 565 (100%) Watershed Brandywine Creek 325 Red Clay Creek 55 White Clay Creek 107 Christina River 78 TOTAL 565 Area (sq. mi.)

6 Why is it Important? Water Supply Biological Diversity Ecologically Significant Recreation Social Cultural Economic

7 Impairments in the Brandywine-Christina

8 The Opportunity: The Water Fund Model

9 d Year 1: Feasibility Study Watershed characterization Advisory panel process Case studies and models Economic analysis Key stakeholders Communications Recommendations

10 To be successful, the Water Fund must: Add value to conservation in the watershed and not duplicate or diminish the overall impact of preexisting initiatives; Measure water quality improvements in the watershed against the goals of swimmable, fishable and potable waters, which will require removing impairments from the watershed s streams; and Must be able to demonstrate a favorable economic return on investment.

11 d Year 2 & 3: Business Plan Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan

12 Technical Analysis Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan

13 Technical Analysis Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan

14 Technical Analysis Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan

15 Technical Analysis Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan

16 Technical Analysis Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan Red Clay Creek Constituent Target reduction Unit Cost to target Nitrogen $ 88,657 kg $ 1,995,017 Phosphorus $ 5,223 kg $ 254,247 Sediment $ 1,658 tonne $ 169,388 $ 2,418,652 White Clay Creek Constituent Target reduction Unit Cost to target Nitrogen $ 143,953 kg $ 1,751,112 Phosphorus $ 5,563 kg $ 293,896 Sediment $ 1,807 tonne $ 284,552 $ 2,329,560 Brandywine, West Branch Constituent Target reduction Unit Cost to target Nitrogen kg $ 602,699 Phosphorus 1864 kg $ 134,377 Sediment 88 tonne $ 12,912 $ 749,988 Brandywine, East Branch Constituent Target reduction Unit Cost to target Nitrogen 19,165 kg $ 217,325 Phosphorus 0 kg $ Sediment 567 tonne $ 62,098 $ 279,423 Brandywine, Main Stem Constituent Target reduction Unit Cost to target Nitrogen 0 kg $ Phosphorus 0 kg $ Sediment 619 tonne $ 106,447 $ 106,447

17 Regulatory Policy Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan

18 Regulatory Policy Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan

19 Governance and Collaboration Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan Water Purveyors Stormwater Managers Public & Private Investors

20 Communications Research Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan

21 Business Plan Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan Round I: Start-Up Capital Round II: Healthy Drinking Water Fund Round III: Municipal Stormwater Finance Philanthropic Investment by William Penn to Develop Fund Capital Investment to Secure Asset Philanthropic Match Nature-Based Stormwater Solutions Conservation Finance Structure

22 Next Steps February 2017: Draft Business Plan February May 2017: Review, Comment and Revision June 2017: Final Business Plan Submission Project information and reports available:

23 Martha Narvaez Water Resources Center University of Delaware