2005 levee failures in Greater New Orleans 2005 levee failures in Greater New Orleans On August 29, 2005, there were over 50 failures of the levees and flood walls protecting New Orleans, Louisiana, and its suburbs following passage of Hurricane Katrina and landfall in Mississippi. The levee and flood wall failures caused flooding in 80% of New Orleans and all of St. Bernard Parish. Tens of billions of gallons of water spilled into vast areas of New Orleans, flooding over 100,000 homes and businesses. Responsibility for the design and construction of the levee system belongs to the United States Army Corps of Engineers; the responsibility of maintenance
Effects of Hurricane Katrina in New Orleans United States with one of the largest fisheries and the most important flyway terminus, enabling New Orleans to profit from these ecological industries. Furthermore, by increasing the wetlands, it would help create a natural barrier that could aid New Orleans in future storms. It is estimated that if New Orleans was to restore of wetland lost before 2005, the natural capital would be worth an estimated $6 billion/year, or $200 billion at the present value. While New Orleans has made numerous efforts in rebuilding their economy, and has been successful with tourist-attracting events such as Mardi Gras, the natural capital