Florida faces a $136 billion challenge: building the water infrastructure needed to manage flooding, restore wetlands, protect the water supply, and adapt to sea level rise.
Public-private partnerships (P3s) are emerging as vital tools in meeting these environmental goals, with restoration efforts in Polk County leading the way.
On 400 acres of historic ranchland at the headwaters of the iconic Peace River, Resource Environmental Solutions is restoring two miles of degraded stream and floodplain wetlands to increase flood resilience, enhance water quality, restore habitat, and protect the river, an ecological and economic lifeline for Southwest Florida that supplies drinking water to the coast and supports the Charlotte Harbor estuary.
This project exemplifies how public-private partnerships can be structured to bring compounded benefits such as cost certainty, long-term risk transfer, and private-sector innovation to ecosystem restoration.
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