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News focused on funding & financing nature-based solutions
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Never in our nation’s history has so much public funding been directed toward conservation as is occurring today. This unprecedented increase in federal expenditures is coming as a result of historic legislation such as the permanent reauthorization of the Land and Water Fund and passage of the Inflation Reduction Act, which is channeling funding through a variety of existing conservation programs as well as new ones, a major topic at CFN’s Conservation Finance Boot Camp this summer (see public funding session recording from 2023 Boot Camp).
The conservation community has been working overtime this summer to prepare and submit proposals for the dizzying number of current funding programs (see Funding below). Indeed this is potentially a once-in-a-lifetime opportunity, as much of this funding could expire in the coming years, and a major challenge is to put this funding to work and use it to leverage state and local dollars, as well as philanthropy and private sector investment. In the coming months, the CFN will be distilling and sharing lessons from the effective and innovative uses of such funding by various groups on the ground.
We know that participants at our recent Boot Camp in New Haven and Conservation Finance Roundtable in Chicago are hungry for such information. But we are also interested in what else you want to know about conservation finance, and how the CFN can meet your needs through our convenings, coaching and information on our web site, which is undergoing an overhaul this fall. So please fill out our 4-minute survey and let us know what you want to know about, from public funding to carbon markets and water funds to green banks and state revolving funds, and everything else in between.
Many thanks, and enjoy the rest of your summer.
Peter Howell Interim Executive Director
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Chicago Conservation Finance Roundtable RecapKatie Michels
Eightly-five practitioners from across the United States came to Chicago in April, 2023 to attend the Conservation Finance Roundtable. The two-day meeting was full of presentations on innocative projects taking place at multiple scales, in different geographies, and led by nonprofit, public, and private entities. Read further here.
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The White House announced the release of draft guidance that provides direction for how agencies can incorporate ecosystem services into their decision-making processes. The public comment period closes on September 18, 2023. (White House)
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Small forest landowners in the US will receive $150 million USD in grants to participate in carbon credit markets. (CarbonCredits.org)
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LandYield and Finite Carbon Join Forces to Expand Landowner Access to Voluntary Carbon Market. This initiative addresses the technical, financial and logistical challenges which have been barriers to landowners participating in carbon markets. (Business Wire)
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The World Economic Forum calls for a doubling of climate finance for nature-positive efforts into performance-based mechanisms. Learn more and read a case study on the Project Finance for Permanence model applied in the Amazon. (World Economic Forum)
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Research hub on the profitability of conservation practices for farmers in the North Central Region. For farmers to adopt regenerative agricultural practices, they need to know the potential impact on their bottom line. This resource is designed to do just that. (Soil Health Nexus)
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SRF Tree Academy Quantified Ventures Tentative September-November (Thursdays), Virtual
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