Growing Returns

Selected tag(s): AB 2087

We need to get creative to protect wildlife in the face of climate risk

The Swainson's hawk will need to be protected from the effects of climate change

A pilot project for Swainson’s hawk is creating high-quality nesting habitat on a 4,000-acre farm in San Joaquin County.

Landowners and environmentalists both grapple with the same question: In the midst of uncertainty, what is the most effective way to reconcile short-term and long-term needs for wildlife habitat?

For example, it can be risky to invest in permanent conservation on a property vulnerable to climate change, but failing to protect existing habitat in the face of uncertainty is an existential threat to species like the Swainson’s hawk.

Fortunately, new habitat accounting tools are emerging that bring more certainty to conservation planning, which helps landowners make effective management decisions for their property, helps biologists design effective restoration plans and ultimately helps wildlife thrive. Read More »

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California’s new law means more bang for every buck invested in wildlife

The Swainson's hawk was listed as a threatened species in California in 1983 due to loss of habitat and decreased numbers across the state.

The Swainson’s hawk is one of the at-risk species that AB 2087 benefits.

Prudent investors know to keep a few key things in mind. They anticipate the timing of spending priorities, like retirement, and evaluate investment risk accordingly. They might spread resources across funds to meet different objectives. And of course, they look to maximize their return on investment.

Why shouldn’t these same principles apply to investments in our natural resources?

Thanks to a new bill signed into law by Governor Jerry Brown, these principles will now apply to regional conservation investment strategies for wildlife and other resource management activities in California.

AB 2087: A new approach to conservation planning and mitigation

Assembly Bill (AB) 2087 (Levine), will establish voluntary, non-regulatory strategies to help conservationists, local agencies and the state apply core investment principles when planning conservation or mitigation projects.

This legislation comes at a critical time. Expanding development in California has supported a growth in food production, flood protection, transportation and housing, but it has also resulted in various impacts on the environment. The loss and fragmentation of wildlife habitat, in particular, has created a need for the state to restore and maintain at least 600,000 acres for multiple at-risk species in the coming decades. Read More »

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