Notice2024-15785
Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; A Coastal Management Needs Assessment and Market Analysis for Financing Resilience
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
July 18, 2024
Issuing agencies
Commerce DepartmentNational Oceanic and Atmospheric Administration
Full Text
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<title>Federal Register, Volume 89 Issue 138 (Thursday, July 18, 2024)</title>
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[Federal Register Volume 89, Number 138 (Thursday, July 18, 2024)]
[Notices]
[Pages 58339-58340]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-15785]
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DEPARTMENT OF COMMERCE
National Oceanic and Atmospheric Administration
Agency Information Collection Activities; Submission to the
Office of Management and Budget (OMB) for Review and Approval; Comment
Request; A Coastal Management Needs Assessment and Market Analysis for
Financing Resilience
The Department of Commerce will submit the following information
collection request to the Office of Management and Budget (OMB) for
review and clearance in accordance with the Paperwork Reduction Act of
1995, on or after the date of publication of this notice. We invite the
general public and other Federal agencies to comment on proposed, and
continuing information collections, which helps us assess the impact of
our information collection requirements and minimize the public's
reporting burden. Public comments were previously requested via the
Federal Register on February 27, 2024 (89 FR 14447) during a 60-day
comment period. No comments were received. This notice allows for an
additional 30 days for public comments.
Agency: National Oceanic and Atmospheric Administration (NOAA),
Commerce.
Title: A Coastal Management Needs Assessment and Market Analysis
for Financing Resilience.
OMB Control Number: 0648-0796.
Form Number(s): None.
Type of Request: Regular submission [extension of an approved
information collection].
Number of Respondents: 36.
Average Hours per Response: 1.5 hours.
Total Annual Burden Hours: 54.
Needs and Uses: This is a request for extension to an approved
collection of information under the Paperwork Reduction Act, 44 U.S.C.
3501 et seq., and implementing regulations at 5 CFR. part 1320. This
previously-approved information collection assists NOAA in the
development of funding and financing coastal resilience learning
products and tools in support of the Coastal Zone Management Act of
1972 (CZMA), 16 U.S.C. 1451 et seq. NOAA's Office for Coastal
Management (OCM) and its regional, State, Federal, and non-profit
partners have worked closely with coastal managers across the country
to increase the resilience of our coastal communities, economies and
ecosystems. Under the CZMA, OCM provides financial and technical
assistance to states and territories, including that which helps its
customers (coastal managers) develop hazard mitigation and climate
adaptation plans that include strategies for short-term responses to
immediate threats (e.g., flooding, hurricanes) as well as long-term
responses to gradual changes (e.g., sea level rise, drought). Services
are provided through outreach, training, funding, resource, and tool
development.
Solutions to these resilience challenges are often complex and
cross-sectoral. Therefore, coastal decision-makers regularly point to
the need for more substantial, coordinated, sustained and creative
funding opportunities to support these efforts. The results of an
initial review of more than 200 resources that NOAA conducted in
support of this effort, and informal conversations with NOAA customers
and other stakeholders indicate that there is no comprehensive
inventory or guide to understanding and selecting appropriate funding
options or financing strategies. These findings have been further
confirmed in subsequent informal discussions with coastal resilience
and finance practitioners at national venues such as the National
Adaptation Forum and Social Coast Forum, as well as through the
original needs assessment using this information collection instrument.
NOAA's coastal management partners continue to request support on this
topic.
The financing world is one that is constantly evolving new products
and retiring others. The range of funding and financing options, from
grants and low-interest loans to more innovative private-public
partnerships and emerging bonds, presents an ever-changing and complex
array of choices. In initial internal communications and informal
discussions conducted between June 2018 and February 2020, NOAA
customers indicated that these opportunities and mechanisms are not
well understood, and are generally inaccessible to coastal managers,
particularly in small to mid-sized communities, rural areas, and tribal
communities. The initial information gathered via this collection
supported this.
In many coastal communities, investment in mitigation and
resilience measures remains either limited or reactive in response to a
catastrophic event. While there are no data on the number of adaptation
plans that have been implemented, lack of funding is a frequently cited
barrier to implementation. At the same time, it has been estimated that
investing in mitigation can save communities $6 for every $1 spent
through mitigation grants
[[Page 58340]]
from agencies including the Federal Emergency Management Agency,
Department of Housing and Urban Development, and Economic Development
Administration (according to the National Institute of Building
Sciences' October 2018 report, Natural Hazard Mitigation Saves:
Utilities and Transportation Infrastructure). Understanding the suite
of funding and financing options available at the time resilience
planning is undertaken, and then incorporating financial strategies
into the planning process and recommendations, will help ensure that
these plans are implemented. Section 310 of the Coastal Zone Management
Act allows for technical assistance and management-oriented research to
develop and implement state coastal management program amendments.
NOAA uses the information collected to develop needs assessments
defining the types of funding, financing mechanisms, and associated
resources that its state and local coastal manager customers need for
coastal resilience activities and a market analysis of existing funding
and financing programs and mechanisms. Simultaneously, NOAA is
identifying existing resources and partnership opportunities for State
and local coastal managers and NOAA's non-profit, academic, and other
customers. Information collected to date has helped inform the
development of new NOAA funding and financing products and services and
future collection efforts will help NOAA better understand the impacts
these products and services have had on coastal managers' barriers.
This request for extension to an approved collection of information
is for a set of related interviews to facilitate this research. NOAA
will perform interviews with state and local coastal managers, as well
as representatives from non-profit organizations, academia, the Federal
Government, and the finance industry. The interviews will collect
relevant information from interviewees on their experiences with
coastal resilience funding and financing mechanisms, challenges and
opportunities related to funding and financing coastal resilience, and
technical support needs and opportunities that NOAA can address.
The information provided by interviewees will be synthesized into
the needs assessment, which will address needs and information gaps
partitioned by region, financial scale, time scale, and scope/sector.
The information provided by interviewees will also be used to help
inform an inventory of existing entities providing resources for
resilience funding, as well as a summary of existing and emerging
funding sources and financial tools and mechanisms for coastal
resilience. Finally, the interviews will inform recommendations on
NOAA's potential niche in addressing the identified needs and gaps.
The resulting research (and any subsequent resources or tools
developed by NOAA to address identified gaps) will provide much needed
information to NOAA's customers on funding and financing coastal
resilience efforts, including available resources and mechanisms, best
practices and strategies, real world success stories, and opportunities
for technical and financial partnerships with private and public
entities.
Affected Public: State and local government, Federal Government,
non-profit organizations, academic institutions, business or other for-
profit enterprises.
Frequency: On Occasion.
Respondent's Obligation: Voluntary.
Legal Authority: None.
This information collection request may be viewed at
<a href="http://www.reginfo.gov">www.reginfo.gov</a>. Follow the instructions to view the Department of
Commerce collections currently under review by OMB.
Written comments and recommendations for the proposed information
collection should be submitted within 30 days of the publication of
this notice on the following website <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>.
Find this particular information collection by selecting ``Currently
under 30-day Review--Open for Public Comments'' or by using the search
function and entering either the title of the collection or the OMB
Control Number 0648-0796.
Sheleen Dumas,
Department PRA Clearance Officer, Office of the Under Secretary for
Economic Affairs, Commerce Department.
[FR Doc. 2024-15785 Filed 7-17-24; 8:45 am]
BILLING CODE 3510-22-P
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