Author: briteweb

On August 31, 2016 the White House released a strategy document titled “Leveraging Innovation to Boost Private Investment in America’s Natural Resources.” The strategy document outlines the potential for increased private investment in conservation to complement existing efforts to tackle the Nation’s climate and conservation challenges, and opportunities for increasing investment by innovation across three … Continued

In a newly published report by the USGS and the Department of the Interior titled “Estimating the Economic Impacts of Ecosystem Restoration – Methods and Case Studies” the USGS has found that for every dollar invested in ecosystem restoration, $2.20-$3.40 flows through the U.S. Economy. The study indicates that ecosystem restoration projects provide meaningful economic contributions to … Continued

Fred C. Danforth, who co-founded the largest private equity firm in the United States devoted to land and stream restoration, died at his home in Mattapoisett, MA on Thursday. He was 65; the cause was gall bladder cancer, as reported by his wife, Carlene Larsson. After graduating from Yale in 1973, Fred’s career in finance … Continued

Following on the Presidential Memorandum from November 3, 2015, private sector environmental investment firms including Ecosystem Investment Partners met at the White House this past Monday to announce $2 billion in new investments.  EIP provides a leading example of for-profit investment in conservation and restoration that addresses public objectives and requirements by making efficient use of … Continued

A link to a recent article by Thomas Jensen, Sandra A. Snodgrass and Bailey K. Schreiber of Holland & Hart, LLP, entitled “The Presidential Memorandum and Interior Department policy on mitigation: their content and implications”, can be found here. This article reviews the content of these important new policy documents that govern the fundamental approach towards … Continued

This afternoon at a Goldman Sachs conference on Environmental Finance in New York, the Obama administration released a Presidential Memorandum (PM) on the subject of ‘Mitigating Impacts on Natural Resources from Development and Encouraging Related Private Investment.’  This PM represents a major moment in American environmental policy because it establishes goals and mandates for all … Continued

Following on the approval of EIP’s Lake Superior Mitigation Bank last month, a groundbreaking ceremony was held at the 23,461 acre site yesterday.  Huge ‘marsh buggies’ – essentially backhoes on top of floating caterpillar treads that support weight without damaging the fragile peat soils – worked in the background as dignitaries gathered to celebrate the start of … Continued