As Wildfires Scorch U.S. Forests, Forest Resilience Bond Blazes a New Trail
With fire seasons getting longer and more severe, relying on public funds to maintain forest health is increasingly unsustainable. ~Todd Gartner
Guest bloggers Todd Gartner, Senior Associate; Manager, Natural Infrastructure For Water of World Resource Institute and Leigh Madeira, Co-Founder and Partner at Blue Forest Conservation look hard and deep into fighting fire with finance.
A new approach called the Forest Resilience Bond has been spearheaded by Blue Forest Conservation, the World Resources Institute, and Encourage Capital. This first-of-its-kind tool brings together the beneficiaries of forest restoration with an unlikely ally: private investors.
Read their blog here, and spread the word!
Renee Hassle, Operations
Carpe Diem West
Photo Credit: Flickr