Meeting the Financial Challenges of Improved Water Management in the West: Session One: Expanding the Toolbox of Water Financing Options, Sept. 15, 2020 — Getches-Wilkinson Center

Flaming Gorge Reservoir July 2020. Photo credit: Utah DWR

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From email from the Getches-Wilkinson Center:

Improving the performance of water systems in western basins such as the Colorado River can entail a variety of expensive changes to infrastructure, policy, and management. Throughout much of the 20th century water development era, federal appropriations were sufficient to cover major investments. Today however, other sources of governmental and non-governmental funds and funding mechanisms are essential to improving water management and system performance. Determining the “how” and “who” of water financing raises several thorny questions about what approaches are most efficient, practicable, and equitable. In this webinar series, we will explore issues such as the rise of creative funding mechanisms, the role of private investments and water markets, leveraging the resources of the business community, and the linkages between healthy landscapes, climate adaptation, and improved water management resiliency.

Gone are the days when funding western water needs was merely a task of gaining Congressional authorization and appropriations for new dams and reservoirs. Today, federal funds are limited, and much of what needs to happen does not involve new infrastructure. A vast toolbox of potential funding strategies are, at least theoretically, available, although many options are unproven. Many such strategies are under consideration in Colorado for implementing the State Water Plan.

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