Tuesdays at APA: Prioritizing Green Infrastructure Investment

Prioritizing Green Infrastructure Investments
November 29, 2011


FCommunity decision makers are increasingly looking at installing
green infrastructure to address stormwater issues. To be able to
retrofit private property with such natural stormwater solutions,
there needs to be a mechanism that can gain private sector
involvement and investment.


One approach is to use an auction system, where landowners learn
about the economic value of stormwater best management practices
(BMPs) and then participate in an auction to bid on what BMPs
they are willing to pay for.


Megan Lewis, AICP, of Cardno JFNew, and Sabina Shaikh of RCF
Economic and Financial Consulting, described a project conducted
for the City of Valparaiso, Indiana, to help that community
prioritize stormwater BMP installation in a specific
neighborhood.