The Connecticut borough of Stonington may need to form a public-private partnership to protect the city against rising sea-level tides.
The Coastal Resilience Plan met to weigh options to combat the impending threat to infrastructure and communities and to weigh the cost of implementing a risk-management plan. Current property risks at today’s cost/benefit average could total $610 million in 2050.
“What would it take to do something to fix it?” said Lisa Dickson, an associate principal in Arup’s Boston office with expertise in climate risk and resiliency. “It could be approximately $100 million, it could be much more than that.”
A P3 is one of the options that was presented to implement a coastal resilience plan that would better protect the community.
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