Create financial incentives for More favorable federal cost-sharing to communities that are taking incentivize flood risk management. Federal additional flood-risk and floodplain grants programs should be structured to management measures through more reward those communities that go beyond the favorable cost-sharing for disaster minimum requirements to reduce risks and assistance and other federal grants. costs of disasters. This would also serve to Use FEMA Community Rating System incentivize communities to take greater or another similar community rating responsibility for flood hazard mitigation as it approach and establish sliding-scale affects their own development and resiliency. for grants to provide incentives. Use FEMA Community Rating System or [Congress, Administration, FEMA, another similar community rating approach HUD, USACE, DOT, EPA, others] (was and establish sliding-scale for grants to provide 16.(b), with modified 16.(a)).) incentives. Revise and implement federal agency Revise and implement Guidelines reflecting Guidelines to reflect the new new Principles and Requirements. In WRDA 2007 (Sec. 2031), Congress directed a Principles and Requirements for Federal Investments in Water substantial revision and modernization of the to include resilience and federal planning procedures for water Resources sustainability; account for all benefits; resources development projects. The revision provide greater emphasis on process has progressed, but needs to be nonstructural approaches; and to completed and implemented. Congress should balance economic, social and eliminate annual rider from Energy and Water environmental concerns. [Council on Development appropriations bills that restricts Environmental Quality, working with participation by USACE in finalizing and federal water resources agencies] implementing an updated P&R. (was P.9) Enable and support federal Support coordinating mechanisms to interagency and interdepartmental implement Principles and Requirements. For water policy coordinating mechanisms decades it has been increasingly apparent from to implement the Principles, a wide range of audits and studies and that Requirements and Guidelines for greater coordination among federal water Federal Investments in Water agencies and programs is necessary; this is Resources. [Congress, Administration, heightened by concerns about climate change FIFM-TF] (was P.8) and rising sea-levels. Such coordination is especially necessary in economic and environmental planning and evaluation for water resources development and for finalizing and implementing new Principles, required by Requirements, and Guidelines, WRDA 2007. The Administration has reestablished the FIFM-TF, which can assist,
Create financial incentives for communities that are taking additional flood-risk and floodplain management measures through more favorable cost-sharing for disaster assistance and other federal grants. Use FEMA Community Rating System or another similar community rating approach and establish sliding-scale for grants to provide incentives. [Congress, Administration, FEMA, HUD, USACE, DOT, EPA, others] (was 16.(b), with modified 16.(a)).) More favorable federal cost-sharing to incentivize flood risk management. Federal grants programs should be structured to reward those communities that go beyond the minimum requirements to reduce risks and costs of disasters. This would also serve to incentivize communities to take greater responsibility for flood hazard mitigation as it affects their own development and resiliency. Use FEMA Community Rating System or another similar community rating approach and establish sliding-scale for grants to provide incentives. Revise and implement federal agency Guidelines to reflect the new Principles and Requirements for Federal Investments in Water Resources to include resilience and sustainability; account for all benefits; provide greater emphasis on nonstructural approaches; and to balance economic, social and environmental concerns. [Council on Environmental Quality, working with federal water resources agencies] (was P.9) Revise and implement Guidelines reflecting new Principles and Requirements. In WRDA 2007 (Sec. 2031), Congress directed a substantial revision and modernization of the federal planning procedures for water resources development projects. The revision process has progressed, but needs to be completed and implemented. Congress should eliminate annual rider from Energy and Water Development appropriations bills that restricts participation by USACE in finalizing and implementing an updated P&R. Enable and support federal interagency and interdepartmental water policy coordinating mechanisms to implement the Principles, Requirements and Guidelines for Federal Investments in Water Resources. [Congress, Administration, FIFM-TF] (was P.8) Support coordinating mechanisms to implement Principles and Requirements. For decades it has been increasingly apparent from a wide range of audits and studies and that greater coordination among federal water agencies and programs is necessary; this is heightened by concerns about climate change and rising sea-levels. Such coordination is especially necessary in economic and environmental planning and evaluation for water resources development and for finalizing and implementing new Principles, Requirements, and Guidelines, required by WRDA 2007. The Administration has reestablished the FIFM-TF, which can assist,
NFPPR_SectP_EconomicMethodsandPolicies_11-21-14.docx