IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v16y2024i2p780-d1320371.html
   My bibliography  Save this article

Financial Aspects of Sustainable Rainwater Management in Small-Scale Urban Housing Communities

Author

Listed:
  • Anna Musz-Pomorska

    (Faculty of Environmental Engineering, Lublin University of Technology, Nadbystrzycka St. 40 B, 20-618 Lublin, Poland)

  • Marcin K. Widomski

    (Faculty of Environmental Engineering, Lublin University of Technology, Nadbystrzycka St. 40 B, 20-618 Lublin, Poland)

  • Justyna Gołębiowska

    (Faculty of Environmental Engineering, Lublin University of Technology, Nadbystrzycka St. 40 B, 20-618 Lublin, Poland)

Abstract

Sustainable rainwater management may counteract the effects of climate change and significantly improve the distorted water balance in urbanized catchments. However, despite the hydrologic advantages of rainwater management, acceptance and willingness-to-pay in the local society are required. This paper presents an assessment of the financial aspects, i.e., the cost-efficiency and economic feasibility, of various designs of rainwater management for a small-scale urban housing community in Lublin, Poland. The research was performed for a housing community covering approx. 1.38 ha and five multi-family residential buildings. The proposed designs covered rainwater harvesting systems, supported with extensive green roofs, with rainwater retained in underground or above-ground reservoirs, used with variable demand for watering the green areas and for underground parking lot flushing. For each designed variant, the investment as well as operation and maintenance costs were estimated. The assessment of the cost-efficiency and profitability of the proposed rainwater management systems was based on three indicators: Dynamic Generation Costs, Payback Period and Benefits–Costs Ratio. The performed calculations showed that only two designs, utilizing above-ground rainwater reservoirs, could be assessed as economically profitable. Thus, local communities may be unable to financially sustain investments in sustainable rainwater management, so it seems that financial support is required.

Suggested Citation

  • Anna Musz-Pomorska & Marcin K. Widomski & Justyna Gołębiowska, 2024. "Financial Aspects of Sustainable Rainwater Management in Small-Scale Urban Housing Communities," Sustainability, MDPI, vol. 16(2), pages 1-21, January.
    • Handle: RePEc:gam:jsusta:v:16:y:2024:i:2:p:780-:d:1320371
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/16/2/780/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/16/2/780/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Krawczyk, Piotr & Howaniec, Natalia & Smoliński, Adam, 2016. "Economic efficiency analysis of substitute natural gas (SNG) production in steam gasification of coal with the utilization of HTR excess heat," Energy, Elsevier, vol. 114(C), pages 1207-1213.
    2. Lefley, Frank, 1996. "The payback method of investment appraisal: A review and synthesis," International Journal of Production Economics, Elsevier, vol. 44(3), pages 207-224, July.
    3. Marcin K. Widomski & Anna Musz-Pomorska & Justyna Gołębiowska, 2023. "Hydrologic Effectiveness and Economic Efficiency of Green Architecture in Selected Urbanized Catchment," Land, MDPI, vol. 12(7), pages 1-19, June.
    4. Yuan, Jun & Nian, Victor & Su, Bin, 2019. "Evaluation of cost-effective building retrofit strategies through soft-linking a metamodel-based Bayesian method and a life cycle cost assessment method," Applied Energy, Elsevier, vol. 253(C), pages 1-1.
    5. Martina Flörke & Christof Schneider & Robert I. McDonald, 2018. "Water competition between cities and agriculture driven by climate change and urban growth," Nature Sustainability, Nature, vol. 1(1), pages 51-58, January.
    6. Stec, Agnieszka & Kordana, Sabina, 2015. "Analysis of profitability of rainwater harvesting, gray water recycling and drain water heat recovery systems," Resources, Conservation & Recycling, Elsevier, vol. 105(PA), pages 84-94.
    7. K. Oleson & A. Monaghan & O. Wilhelmi & M. Barlage & N. Brunsell & J. Feddema & L. Hu & D. Steinhoff, 2015. "Interactions between urbanization, heat stress, and climate change," Climatic Change, Springer, vol. 129(3), pages 525-541, April.
    8. Coleman, Andrew & Grimes, Arthur, 2010. "Betterment taxes, capital gains and benefit cost ratios," Economics Letters, Elsevier, vol. 109(1), pages 54-56, October.
    9. Josefine Lund Schlamovitz & Per Becker, 2021. "Differentiated vulnerabilities and capacities for adaptation to water shortage in Gaborone, Botswana," International Journal of Water Resources Development, Taylor & Francis Journals, vol. 37(2), pages 278-299, March.
    10. Flora Silva & Cristina Sousa Coutinho Calheiros & António Albuquerque & Jorge Pedro Lopes & Ana Maria Antão-Geraldes, 2023. "Technical and Financial Feasibility Analysis of Rainwater Harvesting Using Conventional or Green Roofs in an Industrial Building," Sustainability, MDPI, vol. 15(16), pages 1-12, August.
    11. H. Martin Weingartner, 1969. "Some New Views on the Payback Period and Capital Budgeting Decisions," Management Science, INFORMS, vol. 15(12), pages 594-607, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yard, Stefan, 2000. "Developments of the payback method," International Journal of Production Economics, Elsevier, vol. 67(2), pages 155-167, September.
    2. Anna Musz-Pomorska & Marcin K. Widomski & Justyna Gołębiowska, 2020. "Financial Sustainability of Selected Rain Water Harvesting Systems for Single-Family House under Conditions of Eastern Poland," Sustainability, MDPI, vol. 12(12), pages 1-16, June.
    3. Meryl Jagarnath & Tirusha Thambiran & Michael Gebreslasie, 2020. "Heat stress risk and vulnerability under climate change in Durban metropolitan, South Africa—identifying urban planning priorities for adaptation," Climatic Change, Springer, vol. 163(2), pages 807-829, November.
    4. Tapsuwan, Sorada & Peña-Arancibia, Jorge L. & Lazarow, Neil & Albisetti, Melisa & Zheng, Hongxing & Rojas, Rodrigo & Torres-Alferez, Vianney & Chiew, Francis H.S. & Hopkins, Richard & Penton, David J., 2022. "A benefit cost analysis of strategic and operational management options for water management in hyper-arid southern Peru," Agricultural Water Management, Elsevier, vol. 265(C).
    5. Mohammad Akrami & Alaa H. Salah & Akbar A. Javadi & Hassan E.S. Fath & Matthew J. Hassanein & Raziyeh Farmani & Mahdieh Dibaj & Abdelazim Negm, 2020. "Towards a Sustainable Greenhouse: Review of Trends and Emerging Practices in Analysing Greenhouse Ventilation Requirements to Sustain Maximum Agricultural Yield," Sustainability, MDPI, vol. 12(7), pages 1-18, April.
    6. Xiang, Dong & Xiang, Junjie & Sun, Zhe & Cao, Yan, 2017. "The integrated coke-oven gas and pulverized coke gasification for methanol production with highly efficient hydrogen utilization," Energy, Elsevier, vol. 140(P1), pages 78-91.
    7. Yan Yan & Hui Liu & Ningcheng Wang & Shenjun Yao, 2021. "How Does Low-Density Urbanization Reduce the Financial Sustainability of Chinese Cities? A Debt Perspective," Land, MDPI, vol. 10(9), pages 1-18, September.
    8. Vasileios A. Tzanakakis & Andrea G. Capodaglio & Andreas N. Angelakis, 2023. "Insights into Global Water Reuse Opportunities," Sustainability, MDPI, vol. 15(17), pages 1-30, August.
    9. Magni, Carlo Alberto, 2016. "Capital depreciation and the underdetermination of rate of return: A unifying perspective," Journal of Mathematical Economics, Elsevier, vol. 67(C), pages 54-79.
    10. Mosisa Teferi Timotewos & Matthias Barjenbruch, 2024. "Examining the Prospects of Residential Water Demand Management Policy Regulations in Ethiopia: Implications for Sustainable Water Resource Management," Sustainability, MDPI, vol. 16(13), pages 1-21, June.
    11. Piotr Krawczyk & Anna Śliwińska, 2020. "Eco-Efficiency Assessment of the Application of Large-Scale Rechargeable Batteries in a Coal-Fired Power Plant," Energies, MDPI, vol. 13(6), pages 1-16, March.
    12. Entezari, A. & Wang, R.Z. & Zhao, S. & Mahdinia, E. & Wang, J.Y. & Tu, Y.D. & Huang, D.F., 2019. "Sustainable agriculture for water-stressed regions by air-water-energy management," Energy, Elsevier, vol. 181(C), pages 1121-1128.
    13. Dongying Sun & Jiarong Gu & Junyu Chen & Xilin Xia & Zhisong Chen, 2022. "Spatiotemporal differentiation and influencing factors of urban water supply system resilience in the Yangtze River Delta urban agglomeration," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 114(1), pages 101-126, October.
    14. Stefan Bringezu, 2019. "Toward Science-Based and Knowledge-Based Targets for Global Sustainable Resource Use," Resources, MDPI, vol. 8(3), pages 1-21, August.
    15. Pei-Wen Chung & Stephen J. Livesley & John P. Rayner & Claire Farrell, 2021. "Rooting Volume Impacts Growth, Coverage and Thermal Tolerance of Green Façade Climbing Plants," Land, MDPI, vol. 10(12), pages 1-13, November.
    16. Cheung, Grace & Davies, Peter J. & Trück, Stefan, 2016. "Financing alternative energy projects: An examination of challenges and opportunities for local government," Energy Policy, Elsevier, vol. 97(C), pages 354-364.
    17. Cuthbert, James R. & Magni, Carlo Alberto, 2016. "Measuring the inadequacy of IRR in PFI schemes using profitability index and AIRR," International Journal of Production Economics, Elsevier, vol. 179(C), pages 130-140.
    18. Mitter, Hermine & Schmid, Erwin, 2021. "Informing groundwater policies in semi-arid agricultural production regions under stochastic climate scenario impacts," Ecological Economics, Elsevier, vol. 180(C).
    19. Danielle Emma Johnson & Karen Fisher & Meg Parsons, 2022. "Diversifying Indigenous Vulnerability and Adaptation: An Intersectional Reading of Māori Women’s Experiences of Health, Wellbeing, and Climate Change," Sustainability, MDPI, vol. 14(9), pages 1-40, May.
    20. Hongyan Cai & Xinliang Xu, 2017. "Impacts of Built-Up Area Expansion in 2D and 3D on Regional Surface Temperature," Sustainability, MDPI, vol. 9(10), pages 1-16, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:16:y:2024:i:2:p:780-:d:1320371. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.