It's about restoring wetlands along the northern Mississippi River in Wisconsin. They're finding that wetlands protect developments that banks are invested in. In fact, banks love these wetlands, and some even offer better interest rates to developers who restore them.
Is there something here we might apply to our Celery Fields, and to the proposed DR Horton heap of homes across Raymond Road from them?
I've put some notes below, but the story is available at this link - it's only a couple of minutes long:
NOTES
- Climate change - Riverfront developments
- The river is a tourist draw - parks, kayaking, fishing, birding
- Developments - multi-million$ want to tap into natural river activities.
- Wetlands restoration to manage water - Raskie slough - 60 acres of tall grasses, shallow ponds - birds abound - this slough can hold excess water, but eventually it flows back into the Mississippi -
- This Mimics a natural system - $250,000 to restore wetland
- Stem flooding from snow melts - Lacrosse Wisconsin - pumps move from lower areas to wetlands, stores it there - marsh in the city
Having nature "work for them" reduces risk, plus, banks offering loans - give better interest rates on developments that preserve wetlands because the “wetland creates a natural buffer to protect what we’re buying/paying for.”
Your thoughts are most welcome.
No comments:
Post a Comment