Accomplishing More with Less via Natural Capital Strategies
Achieving regulatory goals can be accomplished through more than one approach. The integration of natural capital into a remedial strategy is an innovative step toward addressing risk and accomplishing regulatory closure. Joule Tree identifies the ecosystem services natural capital provides to both humans and ecological receptors, and then integrates the myriad of value-generating opportunities into a complete remediation plan. In addition to achieving regulatory standards and obtaining closure, this approach can provide sustainable environmental solutions so natural capital continues to flourish.
Joule Tree employs an “outside-the-box” approach that integrates Natural Capital into Environmental Compliance and Site Remediation considering:
- the existing natural capital on site and surrounding the site;
- the environmental risks that require management;
- the ecosystem services natural capital provides; and,
- the potential to generate value by integrating these components into a remedial strategy.
Examples of natural capital integration to achieve regulatory compliance include utilizing green infrastructure rather than gray infrastructure. Green infrastructure includes:
- Treatment Wetlands
- Green Roofs
Joule Tree’s experienced scientists conduct a cost-effective site investigation to acquire appropriate data to prepare a site-specific Conceptual Site Model (CSM). Integrating the site’s natural capital inventory and CSM information, Joule Tree identifies the most appropriate remedial design to achieve regulatory closure, minimize unnecessary costs and impacts to the environment, protect our client’s environmental stewardship reputation, and potentially create value that was through opportunities that were previously unrecognized.
Joule Tree also supports stakeholder negotiation and regulatory interface to expedite the regulatory process to achieve a “no further action” determination. Joule Tree designs Resource Conservation and Recovery Act (RCRA) correction action approaches in concert with achieving regulatory standards and minimizing additional impacts. Joule Tree designs Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA, also known as Superfund) remedial site strategies with “the end in mind” integrating the final intended use for the site.
Often, obtaining regulatory closure is just one endpoint. For instance, if the site is targeted for redevelopment there is likely an opportunity to creatively integrate the remediation with future development, local priorities, and natural capital components to:
- Achieve regulatory closure and resolve all potential environmental liability
- Redevelop the site
- Create green space and/or mitigation for development
- Create other aesthetic site components that will ultimately contribute to a greater property value
Whether your site falls under RCRA, CERCLA or another environmental statutory program, Joule Tree offers complete services to support environmental closure including:
- Site Investigation and Characterization
- Natural Capital Inventory
- Groundwater Modeling
- Conceptual Site Models (CSM)
- Remedial Design and Execution
- Net Environmental Benefit Analysis (NEBA)
- Natural Resource Damage Assessment (NRDA)
- Primary and Compensatory Restoration
- Stakeholder Interface and Regulatory Negotiation