Denver water and US Forest Service spent over $60 million to protect Denver’s water supply. Did it work?
This webinar presents research which provides insight on how the economic returns from proactive wildfire mitigation could be improved. The research team produced an economic assessment of Denver’s Forests to Faucets partnership, a collaboration which invested >$60 million in wildfire mitigation projects between 2011 and 2019. The research, combining wildfire modeling, sediment modeling, and primary and secondary data on economic values, quantified the impact of the actual investments on multiple values at risk. Large benefits to source water protection and other values at risk resulted from these proactive investments but the benefits only exceed the costs of funding wildfire mitigation under certain conditions.