Banking on Green: A Look at How Green Infrastructure Can Save Municipalities Money and Provide Economic Benefits Community-wide
Type
Policy Brief or Report
Year
2012
Level
City or Town
State(s)
All States
Policy Areas
Community Development, Energy, Environment & Natural Resources, Finance & Procurement, Public Spaces
Green infrastructure practices provide a variety of benefits across the range of flood magnitudes. Common green infrastructure practices used to target flood management include green roofs, bioretention, water quality swales, and infiltration basins and trenches. While most effective at managing localized flooding, runoff volume capture can also significantly reduce the impact of larger scale riverine flooding events. Recent research on the impacts of green infrastructure employed on watershed-scale flooding suggests that green infrastructure can be effective at reducing peak flows for large infrequent storm events as well as provide noticeable volume reduction for more frequent storms. The ability for green infrastructure to address flooding at a variety of scales can lead to significant reductions in flood loss damages on an average annual basis.