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Finance Committee Meeting 2007
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Finance Committee Meeting 2007
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8/19/2014 10:37:37 AM
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Board Meetings
Board Meeting Date
9/18/2007
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Finance Sub-Committee Meeting September 18, 2007
Board Meetings - Doc Type
Meeting
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-2 - <br /> 1 40 • Recreation and environmental impacts <br /> The Report went on to recommend that while recognizing the uncertainties inherent in climate prediction,efforts <br /> should be made to focus on vulnerabilities and building increased resiliency to climactic extremes. Efforts should <br /> include improved data collection,improved prediction,modeling,and impact assessment. States should assume a <br /> greater role in assessing historical,current,and projected climate trends and relate these to potential changes in <br /> water supply,in order to prepare for and mitigate the impact from climate change and variability. States should <br /> include the analysis of climate change scenarios and coordinate more proactively and broadly with local <br /> governments and water users in their climate change planning efforts. <br /> Project Description <br /> The American Water Works Association Research Foundation's and the National Center for Atmospheric <br /> Research's 2006 publication entitled,"Climate Change and Water Resources: A Primer for Municipal Water <br /> Providers"states that in order to plan efficiently,it is important to understand how and why climate may change in <br /> the future and how that may affect the resources upon which the water utility industry depends. The Climate <br /> Change Effects on Colorado Water Resources Study Project will include the following activities to achieve a two- <br /> pronged approach in collaboration and partnership with other federal,state,and local entities engaged in assessing <br /> water adaptation strategies to address climate change: <br /> • Explore,compare,and contrast future climate scenarios to be used at the regional level <br /> • Assist in ongoing efforts to superimpose those potential changes on water resource systems to assess <br /> system reliability <br /> • Participate in ongoing efforts currently underway by federal agencies,and large water providers in the <br /> State,such as Denver Water,Colorado Springs Utilities,and Boulder,to develop appropriate hydrologic <br /> models <br /> • Identify the mechanisms necessary for such hydrologic modeling to be fully integratable in the State's <br /> • Decision Support Systems <br /> • Analyze how potentially altered streamfiow patterns affect water supplies based on new and different call <br /> patterns <br /> • Assist water users in their efforts to identify their most critical vulnerabilities,articulate the causes for those <br /> vulnerabilities and provide technical assistance <br /> • Assist water users to analyze how climate change and vulnerability,and climate extremes might exacerbate <br /> those vulnerabilities <br /> • Collaborate with federal,state,and local water provider efforts to design an analytic process to better <br /> address and solve the vulnerability in the face of climate uncertainty including but not limited to selection <br /> and application of baseline and scenario data including the development of alternative time series datasets <br /> of important variables such as daily or monthly precipitation,temperature,wind speed,and socio-economic <br /> scenarios of population change <br /> • Provide assistance to water provider in developing a method of decision analysis to narrow in on optimal <br /> options for adapting to climate change and variability <br /> While several of Colorado's larger water providers are currently engaged in proactive climate change/adaptive <br /> management studies,many mid-size and the majority of the smaller providers lack the tools and resources to begin <br /> these analysis. Every effort will be made to leverage to the maximum extent possible appropriated funds for this <br /> project to optimize the benefits to as many water users around the State that are working on or contemplating <br /> integrating climate change impacts on their system reliability. <br /> Recommendation <br /> Staff recommends that the Board request the General Assembly to authorize$100,000 from the Construction Fund <br /> to be appropriated to the Department of Natural Resources for allocation to the CWCB for use in its Office of Water <br /> Conservation&Drought Planning. <br /> • <br /> Flood Protection•Water Project Planning and Finance•Stream and Lake Protection <br /> Water Supply Protection•Conservation Planning <br />
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