EBC Rhode Island Program. Adaptation & Resiliency Programs for the State of Rhode Island

Transcription

1 EBC Rhode Island Program Adaptation & Resiliency Programs for the State of Rhode Island

2 Welcome Alan Shoer Vice Chair, EBC Rhode Island Chapter Partner, Adler Pollock & Sheehan, P.C. Environmental Business Council of New England Energy Environment Economy

3 Program Introduction & Overview Igor Runge Program Chair & Moderator Senior Project Manager, GZA Environmental Business Council of New England Energy Environment Economy

4 Update on Rhode Island s State Wide Resiliency Program Shaun O Rourke Director, Stormwater and Resiliency, Rhode Island Infrastructure Bank Chief Resilience Officer, State of Rhode Island Environmental Business Council of New England Energy Environment Economy

5 Statewide Climate Resiliency Action Strategy

6 STATEWIDE CLIMATE RESILIENCY ACTION STRATEGY Wealth of reports completed to date

7 EC4 Science and Technical Advisory Board (2017) HEAT WATER TEMP. CHANGES SEA LEVEL RISE PRECIPITATION

8 Temperatures in Rhode Island have increased by more than 3 F since the beginning of the 20 th century was the warmest year on record globally.

9 Over the past 50 years, the surface water temperature of Narragansett Bay has increased F. Winter water temperatures in the Bay have increased even more ( F).

10 Sea levels have risen 10 inches in RI since 1930 (Newport tide gauge). Updated NOAA predictions (Jan. 2017) put sea level rise in RI at close to 1 ft. by 2030 and upwards of 9 ft. by 2100.

11 Intense rainfall events in New England have increased 71% since RI s average annual precipitation has increased more than 10 inches since 1930.

12 Infrastructure (roads, bridges, wastewater treatment facilities, dams, etc.) What s at Stake? Built environment (homes, municipal buildings, etc.) 400 miles of coastline & permanent loss of land Ecological transformation of coastal wetlands/estuaries Water quality

13 How are we defining Climate Resilience? Climate Resilience is the capacity of individuals, institutions, businesses, and natural systems within Rhode Island to survive, adapt, and grow regardless of chronic stresses and acute shocks they experience.

14 Statewide Climate Resiliency Action Strategy Identify and prioritize resiliency actions and investments in response to the impacts caused by climate change that affect our communities, infrastructure, and economy Catalyze the planning and vulnerability studies already developed Position Rhode Island as a national leader in resiliency action and create a better prepared Ocean State

15 Climate Resiliency Action Strategy Timeline Oct Nov Dec Jan Feb Mar Apr May June July Roundtables I.D Priorities Executive Summary Strategy Release 7/1/18 WG Priority Development Focused Outreach Est. Working Groups Final Strategy Dev.

16 Statewide Resiliency Roundtable Series 10 Roundtables over 2.5 months 350 Attendees 35% Municipal Planners/Staff 25% Environmental Orgs 15% Community Orgs 10% Business Owners 10% State agency employees 5% Residents Representation from 35 of 39 Cities and Towns

17 What we learned Clear communication matters There is a tremendous amount of work already underway Municipalities are on the front lines of climate adaptation planning Statewide climate adaptation investments require collaboration and new ways of working

18 Resiliency Themes Prioritize to Optimize Critical Infrastructure and Utilities (Water, Power, Transportation, Food) Natural Systems (Coastal, Upland) Emergency Preparedness Community Resilience Financing Climate Resilience Projects

19 Action and Investment Time Horizons NOW 2-5 Years 10 Years Projects and processes that can be accelerated now with existing resources Actions and investments are identified but missing a critical resource, such as, funding, or permit Actions and investments are identified but multiple project components need to be developed

20 Select Identified Actions Short-term financing opportunity for local green infrastructure projects (RIIB/RIDOT) Expansion of STORMTOOLS to include upland areas (CRMC) Embed climate resiliency within statewide Heath Equity Zones (RIDOH) Evaluation of statewide evacuation shelters for energy / water resilience (RIEMA) Amend Hurricane, Storm, and Flood Standards to recognize state of upstream dams (RIDEM)

21 v Shaun O Rourke Director, Stormwater and Resiliency Chief Resiliency Officer, State of Rhode Island Rhode Island Infrastructure Bank

22 Update on Rhode Island s State Wide Resiliency Program Jeffrey Diehl Executive Director and CEO Rhode Island Infrastructure Bank Environmental Business Council of New England Energy Environment Economy

23 State of Rhode Island Infrastructure Financing February 2018

24 Rhode Island Infrastructure Bank Rhode Island Infrastructure Bank (RIIB) is the central hub for infrastructure financing in the State of Rhode Island. We are a quasi-public agency that mobilizes private sector funds using institutional capital to provide lower than market rate financing for local governments, businesses, and residents in RI. WATER & SEWER BROWNFIELD REMEDIATION ROAD & BRIDGE ENERGY EFFICIENCY & RENEWABLE ENERGY 24 February 27, 2018

25 Impacting the State Since 1989 OVER $2.0 BILLION in infrastructure investment 8.6 MW installed renewable energy capacity $50 MILLION in savings to local governments through clean energy projects and refinancing $750,000 + in net savings to four small / mid-sized businesses on energy costs Supported over 57,000 direct & indirect jobs Greenhouse gas emission reduction equivalent to 28 MILLION MILES driven annually by the average passenger car February 27, 2018

26 We Fund Safer Roads and Bridges - Providence Road Bond Financed $10 MM of $20 MM in road projects Saved the City $1.6 mm in financing costs through active engagement Reduced market borrowing costs by 33% for public entities through the Road and Bridge Program February 27,

27 We help save money for RI businesses and municipalities C-PACE Funded solar installation on a multi-tenant manufacturer Saved business $1.2 mm in energy costs EE, RE and New Construction Efficient Buildings Fund Saved 10 municipalities $29 mm in energy costs Financed streetlights, HVAC, solar, controls upgrades Reduced market financing costs by 20% February 27,

28 We Make RI More Resilient Financed sewer improvements to green stormwater management Bristol town beach stormwater project Paired resiliency improvements with traditional wastewater Warwick berm and phosphorous treatment Created a Green Infrastructure and Stormwater Accelerator Reduced market financing costs by 33% February 27,

29 We Keep Drinking Water Safe for RI Improved water system operators Provided support to small systems to large distributors Financed lead pipe replacement, land acquisition, water tower rehabilitation Reduced market financings costs by 25% February 27,

30 Contact Us Jeffrey R. Diehl Executive Director and CEO Rhode Island Infrastructure Bank 235 Promenade Street, Suite 119 Providence, RI February 27,

31 Moderator: Igor Runge, GZA Open Discussion Panelists: Shaun O Rourke, State of Rhode Island Jeffrey Diehl, RI Infrastructure Bank Environmental Business Council of New England Energy Environment Economy