Resource information
The economic feasibility of alternative wetland restoration activities to store water and reduce flood damage was evaluated in the Maple River Watershed, North Dakota, a sub-watershed of the Red River of the North Watershed. The evaluation was based on recent hydrologic modeling and wetland restoration studies, the National Wetland Inventory, local land rental values, and site-specific historical flood damage. With benefit-cost ratios ranging from 0.08 to 0.13, neither simple wetland restoration based on plugging existing drains, nor restoration with outlet control devices, nor complete restoration intended to provide a full range of wetland-based environmental services were economically feasible over a 20-year future period. Peak flood stages and flood damage would need to be reduced by between 4 and 12 percent in order for wetland restoration options to break even. The inclusion of additional wetland benefits did not make wetland restoration economically feasible. It is, therefore, not recommended that public funds be used for extensive wetland restoration projects throughout the Maple River Watershed or the Red River Valley in order to reduce flood damage.
