NFFA Webinar: Funding for Floodplain Restoration: Breaking Down Incentives to Develop Floodplains & Recent FEMA Policy Updates
Natural Floodplain Functions Alliance (NFFA)
September 1, 2016
2:00pm – 3:30PM Central Time
(Starting at 3pm ET, 1pm MT, and 12pm PT)
The Natural Floodplain Functions Alliance (NFFA) is an affiliation of nonprofit and private organizations, government agencies, and individuals dedicated to the protection and preservation of the natural functions of floodplains, including coastal areas. In cooperation with the Natural Floodplain Functions Alliance (NFFA), the Association of State Floodplain Managers (ASFPM) presents this quarter’s NFFA webinar. NFFA offers free webinars four times a year, focusing on tools, best practices, and strategies to support the natural functions of floodplains.
September’s webinar topic, “Funding for Floodplain Restoration: Breaking Down Incentives to Develop Floodplains and Recent FEMA Policy Updates” will be presented by Zachary Christin, Project Director at Earth Economics.
Last May, FEMA released a memorandum that outlined how the agency is broadening authorization of natural solutions for flood mitigation projects. Under the new policy, FEMA expanded eligibility of pre-mitigation project types for drought and wildfire disasters, which include groundwater recharge and reforestation. The agency is also allowing ecosystem service values to be applied to benefit-cost analysis of these pre-mitigation activities. The takeaway message: FEMA now funds restoration projects that mitigate the effects of disasters.
FEMA’s recent policy update marks their second major milestone as a leader in addressing a future under a changing climate. With programs in nearly $24 billion of debt, FEMA’s change was imminent, and further reform may be necessary. Other federal agencies must follow suit as we continue to experience the development of floodplains that exacerbate flood damages and inhibit ecological functions.
This presentation will begin with a discussion of U.S. regulatory policy related to floodplain management and the disincentives that allow development of floodplains to persist. The discussion will follow with a path moving forward: Highlighting success cases at the federal level and offering solutions to existing policy.
Presenter: Zachary Christin leads research focused on social and health valuation, urban systems, cultural services, and advancing applications of benefit-cost analysis (BCA) in federal policy. Zac led research to incorporate environmental benefits for FEMA’s BCA tool, resulting in FEMA Policy FP-108-024-01. Zac also participated in HUD’s National Disaster Resilience Competition as a Subject Matter Expert on BCA.
1 CEC for CFMs who participate individually in the entire live event
Free, but registration is required.