The Federal Emergency Management Agency (FEMA) announced a new policy that encourages communities to use environmentally friendly features such as wetlands for flood protection in addition to more traditional hard infrastructure like sea walls and levees. This new policy recognizes the value of natural and nature-based solutions for enhancing a community's resilience to flooding.
The new FEMA flood policy, released in September, eliminates the legacy benefit-cost ratio threshold requirement and allows ecosystem service benefits to be considered in all types of mitigation projects, regardless of the benefit-cost analysis value.
Read more about these changes in an article published by E&E News here.
