1. RESTORATIVE ECONOMICS:
MKE’S H2O REVOLUTION
MATT HOWARD, SUSTAINABILITY DIRECTOR
CITY OF MILWAUKEE
April 30, 2012
2. “I want to create an alignment of economic and
environmental interests that improve Milwaukee’s
quality of life.”
Mayor Tom Barrett
3. Restorative Economics: Paul Hawken
• Current: extraction-based economy; economic value
price driven; and, externalities go unaccounted
• “We can either create assets for the future or take
the assets of the future.”
• Next Industrial Revolution: conservation of resources;
reuse of materials; change in values from quantity to
quality, and investing in natural capital, or restoring
and sustaining natural resources.
4. Restorative Economics: Paul Hawken
• Restoration Economy: shift from new development to
redevelopment + improving natural resources +
price reflects ALL costs (externalities) but conveys
true value of good or service
• Water(shed) restoration with infrastructure
restoration is now a proven path to metropolitan &
economic restoration
• Economic value more closely aligned to
environmental quality = H2O in MKE!
5. Economic Value of Water
Price: No unit price for H20 – future uncertainty
Supply: Closed loop/finite system
Demand: Population is exploding in areas with
quality/quantity issues
Great Lakes: 40m people; $7b fishing ind.
Water/Energy nexus
Water tech industry + water dependant industries
6. Economic Value of Water: MKE
Historical value of water: transportation, tanneries,
beer, research + technology
Industrialization degraded MKE’s most valuable
economic asset
New growth industry: water tech + efficiency
New growth industry: livability of cities
Attract
people, resources, jobs
Redevelopment + adaptive reuse
Is H2O MKE’s “next” industrial revolution?
7. Milwaukee H20 Assets
Policy
Mayor Barrett Vice Chair GLSL
City GI & Sustainability Planning
Sweet Water, MMSD, UW-M, etc
Action
MV: Major City remediation and redevelopment
Eco-industrial “park”: companies + stormwater + livability
City wants to replicate this at scale
Century City, Inner Harbor, Brewery Project
8. Conclusion
H2O is our next Industrial Revolution
Historical assets & knowledge base
Restorative action drives triple bottom-line: strong
connection b/t water quality and economic growth
Mayor wants more strategic action on connection
between environmental action and economic
development
Continue to partner to achieve common goals
9. Contact Info
Matt Howard
Environmental Sustainability Director
City of Milwaukee
(414) 286-3351
mhoward@milwaukee.gov
www.milwaukee.gov/sustainability
Thank You!