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RESTORATIVE ECONOMICS:
 MKE’S H2O REVOLUTION




MATT HOWARD, SUSTAINABILITY DIRECTOR
        CITY OF MILWAUKEE


   April 30, 2012
“I want to create an alignment of economic and
environmental interests that improve Milwaukee’s
                 quality of life.”
                                Mayor Tom Barrett
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.
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!
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
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?
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
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
Contact Info

Matt Howard
Environmental Sustainability Director
City of Milwaukee
(414) 286-3351
mhoward@milwaukee.gov
www.milwaukee.gov/sustainability

Thank You!

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MKE's H2O Revolution

  • 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!