1. OUR MISSION 1 THE POWER OF COORDINATED INVESTMENT for COLLECTIVE IMPACT

2. JULY 7, 2014 DRAFT REPORT FUNDING STRATEGY FOR THE STRATEGIC INITIATIVES FROM THE 2012-2013 PUGET SOUND ACTION AGENDA VOLUME 1: SUMMARY OF FINDINGS AND RECOMMENDATIONS EXCERPT PAGE 10 One of the most encouraging concepts in funding is the idea of coordinated investment that is currently being pursued in the Floodplains by Design program. …the concept is to look for solutions that solve multiple environmental problems in a more efficient way than would be possible through a focus on one resource or issue at a time. Efficiencies in environmental funding are a necessity. Getting there will require a deliberate effort to diversify the activities that can be funded with the existing suite of funding sources and seek new funding that is prioritized based on multiple environmental benefits.

3. Pressure for Change Impending NeedTribal Treaty Rights at RiskThreat Opportunity Potential for legal action and followed by federal response and action. Federal and state agencies seeking local partners and solutions. Available FundingPuget Sound Recovery Funding Opportunity~$450 million annual spend on Puget Sound recovery. - Coordinated investment. A New ApproachCommunity-based solutions OpportunityThe power of community-based solutions-- an effective partner and leverage to traditional, top-down regulatory models. NOTE: The federal agencies acknowledge and understand that incentive programs are most effective if there is a strong regulatory backdrop.

4. Target: Change in Culture Funders select individual grantees that offer most promising solutions Grantees work separately and compete to produce greatest impact Scale depends on a single organization Corporate, governments and non- profits are disconnected Social problems arise from interactions of many organizations in larger system Progress depends on working toward same goal and measuring same things Scale depends on increasing cross-sector alignment and learning Corporate and governments sectors are essential partners

5. What it Takes Pay attention to relationships Travel at the same speed as your neighbor Always turn towards the center Achieve a perpetual state of planning and doing Listen, listen, listen for how to respond to unexpected results Adopt and attitude of “burning patience”

6. Project Definition Coordinated investment is an innovative, new approach to accelerating Puget Sound recovery―specifically by attaining salmon, water quality, and shellfish goals while strengthening working farms and forests. It is predicated on better aligning the financial resources and authorities of state and federal agencies behind large scale projects that deliver multiple benefits to nature and our communities, broaden the base of support for recovery, and generate more return on our public investments. Reach or Delta Scale; Watershed Impact & Federal Opportunity

7. Regenerative Flood Mitigation Regulatory Streamlining Public Subsidies for Farm Conservation Farm Viability Mixed Agricultural and Ecological Land Use Designs

8. Regenerative Flood Mitigation Regulatory Streamlining Public Subsidies for Farm Conservation Farm Viability Mixed Agricultural and Ecological Land Use Designs Coordinated Investment = Develop the Right Projects Symbiotic Sustainability = Common Landscape Vision

9. Regenerative Flood Mitigation Regulatory Streamlining Public Subsidies for Farm Conservation Farm Viability Mixed Agricultural and Ecological Land Use Designs Clean Water Act Endangered Species Act Water Resources Development Act Farm Bill Coordinated Investment = Develop the Right Projects

10. Strategic Model

11. Strategy Overview 11 FOCUS Determine priority places needed to achieve Recovery Goals on working farm lands Develop a Puget Sound-wide assessment (How Much and Where) to determine priority places for protection and stewardship needed that will achieve goals for salmon and shellfish and agriculture viability. Invest in on the ground research to determine system response to priority practices that will inform and shape the performance-based approach. Invest in long-term monitoring to measure outcomes and inform adaptive management.

12. Strategy Overview 12 BUILD Develop a pipeline of performance- based, multiple benefit, community-led projects Mobilize- work with key community leaders to develop a portfolio of projects needed to achieve agriculture, shellfish and salmon goals Build capacity – invest in local leadership (spark plugs), space and time to convene, ensure there is technical expertise necessary to implement projects, and maintain community support, ownership and involvement. Project Elements Restoration Protection Infrastructure upgrades Regulatory predictability Flood risk reduction Best management practices Higher value marketplace Education / Outreach

13. Strategy Overview 13 SCALE Drive large scale change through coordinated investment and cross-sector collaboration and innovation. Influence and direct federal, state and local funding toward coordinated investment for projects that will provide the biggest benefits to Puget Sound recovery. Support cross-sector collaboration across – private, public, industries Create business incentives - Connect producers engaging in priority stewardship practices with new and higher value marketplaces.

14. Example Project Criteria (Floodplains by Design) LabelDescription Salmon Shellfish Water Quality Project opportunities in the area align with the Puget Sound Action Plan’s three Strategic Initiatives Flood Management Opportunities to reduce flood hazards to people & infrastructure Agriculture Opportunities for improved practices & farmland protection Impact / Scale Actions will contribute significantly to recovery goals Local Leadership Project proponents have the relationships & capacity to succeed Tribal Concurrence Local tribes will support and/or participate in the project CI Floodplains Includes an integrative floodplain project already underway PS Alliance Has support from a consortium of public & private sector leaders Fed Opportunity Federal agencies are engaged, or there are good opportunities

15. Project Sources Fish Trap – Double Ditch Creek Lower Nooksack River Skagit River Delta Samish Bay Watershed Lower Green River Middle Nisqually River Known high potential for Integrated floodplains projects Lower Snoqualmie River Pilchuck River & French Creek

16. Draft example Project Portfolio

17. Tide-gate Fish Initiative Links Tide-gate Renovation to Skagit Salmon Recovery Targets

18. Farms, Fish and Flood Initiative

20. Current Salmon Recovery Activities Project Developers Lead Entities RFEGs Tribes PCSRF State Capital Target Actions Other Federal and State Cooperative Agreement / Grant Makers NRDA Coordinated Investment

21. Port Susan Example Stanwood N

22. Restoration Banking Blue Heron Site

23. Port Susan Example

25. Natural Resources Alliance