Where Virginia's Innovative Climate Fund Went Wrong

Virginia designed a promising way to bolster coastal areas vulnerable to sea-level rise. But it was never funded.

1 minute read

October 16, 2018, 7:00 AM PDT

By Elana Eden


Potomac River

ESB Professional / Shutterstock

Peter Coutu reports in Governing on efforts to fund a unique climate resilience program in Virginia.

The Virginia Shoreline Resiliency Fund was a "first-of-its-kind" loan program when approved in 2016, Coutu writes, but it is a legislative shell—existing on the books but never receiving dedicated funding. He writes:

"Instead of just trying to mitigate current flood damage, the new revolving fund would help homeowners and businesses elevate their properties to prepare for sea level rise ... It would not only save residents a fortune on their property, but also maintain ever-important tax revenues for local governments on the coast."

Now, Virginia Conservation Network, a group of more than 100 environmental organizations, is calling on the state to dedicate $50 million annually to the fund. The region is especially vulnerable to climate change because the land is subsiding while the sea is rising, they say, and the program would help bolster resilience without losing government money.

Monday, October 8, 2018 in Governing

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

April 30, 2025 - Diana Ionescu

Close-up on Canadian flag with Canada Parliament building blurred in background.

Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?

As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?

April 28, 2025 - Benjamin Schneider

Person in yellow safety suit and white helmet kneels to examine water samples outdoors on a lake shore.

USGS Water Science Centers Targeted for Closure

If their work is suspended, states could lose a valuable resource for monitoring, understanding, and managing water resources.

May 1, 2025 - Inside Climate News

View of cars in traffic from behind with visible tailpipe emissions

House Moves to Rescind California’s Emissions Standards

The state has been allowed to set its own emissions goals, including a mandate to transition to electric or zero-emissions vehicles by 2035.

May 5 - Streetsblog California

View of Portland skyline with green trees in foreground.

Portland Proposal Would Suspend Development Fees to Spur Housing Construction

Oregon Gov. Tina Kotek and Portland Mayor Keith Wilson announced their policy plan Thursday, with the goal to jumpstart housing construction.

May 5 - Oregon Capital Chronicle

Honolulu Community College building.

Honolulu Community College Celebrates Culture and Sustainability

Honolulu Community College brought together more than 320 students, staff, and community members for a day of Hawaiian cultural activities, music, and sustainability-focused learning at its annual Hoʻolauleʻa celebration.

May 5 - University of Hawai'i News

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Planning for Universal Design

Learn the tools for implementing Universal Design in planning regulations.

Senior Manager Operations, Urban Planning

New York City School Construction Authority

Building Inspector

Village of Glen Ellyn

Manager of Model Development

Central Transportation Planning Staff/Boston Region MPO