NFWF OKs $370 Million for Restoration Projects
- Business & Finance
The National Fish and Wildlife Foundation (NFWF) has approved nearly $370 million from its Gulf Environmental Benefit Fund (GEBF) to fund 24 projects in the states of Alabama, Florida, Louisiana, Mississippi and Texas.
The projects, developed in consultation with state and federal resource agencies, are designed to remedy harm and reduce the risk of future harm to natural resources that were affected by the 2010 Deepwater Horizon oil spill.
The announced programs include significant investments to advance sediment diversions along the Lower Mississippi River that will build, sustain and maintain thousands of acres of wetlands in Louisiana, according to Jeff Trandahl, executive director and CEO of NFWF.
These GEBF projects will complement those previously announced or currently under consideration by the Natural Resource Damage Assessment and RESTORE Act programs.
Collectively, and where appropriate, these efforts are being coordinated and leveraged to advance large-scale Gulf Coast conservation outcomes and maximize sustainable environmental benefits.