WETLAND-FLOODPLAIN RESTORATION COST-EFFECTIVENESS_205_LAMB
To clean up the Chesapeake Bay, the regional Chesapeake Bay Program (CBP) partnership
targets nitrogen, phosphorus, and sediment as the key pollutants to be reduced in the
upstream watershed. The CBP and various other local, state, and federal sources provide
funding to implement best management practices (BMPs) that will reduce the levels of these
three key pollutants. Cost-effectiveness is a method of economic analysis that identifies the
least-cost method of achieving a goal- here, to clean the Chesapeake Bay. High price tags for
wetland-floodplain restoration projects can make grantors and other key players hesitant to
support and fund these projects. In this study, we perform a cost-effectiveness analysis that
compares the cost per pound of pollution reduced by wetland-floodplain restorations with
forest riparian buffers, grass buffers, and cover crops (the agricultural BMPs typically
considered to be least cost). For wetland-floodplain restoration projects, we obtained cost and
abatement data from practice implementation in southcentral Pennsylvania. For the
agricultural BMPs, we obtained abatement data from the Chesapeake Assessment Scenario
Tool (CAST) and costs from NRCS payment schedules in PA. Preliminary results of our
research suggest that wetland-floodplain restoration is the most cost-effective of these BMPs
for phosphorus and sediment abatement in the Bay by an order of magnitude, while being cost
competitive for nitrogen. Overall, our research indicates that wetland-floodplain restoration is
a highly cost-effective BMP for cleaning the Chesapeake Bay. As this is research in progress,
precise numbers and further results will be shared during the presentation.