Strategically implementing storage and permeable surfaces to mitigate flood risks. 

The Elizabeth Street Catchment Integrated Water Cycle Management (IWCM) Plan aims to mitigate the extreme flood risks present in the 308-hectare Elizabeth Street Catchment. The plan includes a suite of targets, projects and initiatives to be implemented over a five-year period. These actions will enable the City of Melbourne to reduce its flood risk and access alternative water sources for the sustainable irrigation of parks, open spaces, and street trees.

The catchment sits entirely within the municipality of Melbourne. It starts at College Crescent in Carlton and finishes where the Elizabeth Street drain joins the Yarra River below Flinders Street Station.