d Martha Narvaez - University of Delaware - Water Resources Center 2017 Delaware Estuary Science & Environmental Summit www.nature.org/delaware Brandywine-Christina l www.williampennfoundation.org Healthy lwater www.wrc.udel.edu Fund
Project Goal Fishable, swimmable, potable
Water Fund A written agreement between stakeholders that guides implementation of conservation and includes:
The Brandywine-Christina Watershed
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.)
Why is it Important? Water Supply Biological Diversity Ecologically Significant Recreation Social Cultural Economic
Impairments in the Brandywine-Christina
The Opportunity: The Water Fund Model
d Year 1: Feasibility Study Watershed characterization Advisory panel process Case studies and models Economic analysis Key stakeholders Communications Recommendations
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.
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
Technical Analysis Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan
Technical Analysis Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan
Technical Analysis Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan
Technical Analysis Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan
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 66100 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
Regulatory Policy Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan
Regulatory Policy Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan
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
Communications Research Research focus areas: 1. Technical Analysis 2. Regulatory Policy 3. Governance and Collaboration 4. Communications Research 5. Business Plan
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
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: www.wrc.udel.edu/research/brandywine-christina-healthy-water-fund-2/
Martha Narvaez Water Resources Center University of Delaware mcorrozi@udel.edu www.wrc.udel.edu