Wednesday, August 31, 2016

Natural resource investing gets a federal jump-start

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...more

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