The new
Natural Resource Investment Center
at the U.S. Department of the Interior (DOI) is making strides toward
using market-based approaches and innovative public-private partnerships
to tackle natural resource and conservation issues. For years,
the nation slowly has been coming to terms with aging water
infrastructure, dealing with water shortages in the West and attempting
to revamp species and landscape conservation efforts. This center
is the newest actor coordinating large-scale private capital into a
sphere that historically has been funded by the government. To
balance these issues against modern day urbanization pressures,
population shifts, climate change and constrained budgets, Secretary of
the Interior Sally Jewell launched the center in December. The
center was inspired by President Barack Obama’s infrastructure and
economic growth-focused Build America Investment Initiative. It seeks to
facilitate the formation of deals between stakeholders to attract
private capital into natural resource and conservation investing...
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