Growing Returns

Selected tag(s): conservation credits

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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Monarchs still need milkweed, and farmers are growing it

Rain builds over a field near Lubbock, Texas. Photo credit: Flickr user Craig O'Neal

Rain builds over a field near Lubbock, Texas. Photo credit: Flickr user Craig O’Neal

I am watching the rain pour down outside my window as I write this blog. El Niño is once again giving central and north Texas a good drenching, which has brought with it some severe and deadly flood conditions. But the rains are a welcome sight to Texas farmers and ranchers who have become all too used to drought and wildfire conditions. And they aren’t the only ones benefitting from the heavy rains.

All this wet weather has resulted in a spectacular display of spring wildflowers, including vast expanses of milkweed and nectar plants that the iconic North American monarch butterflies need to survive and thrive.

Recent headlines suggest that milkweed loss is just one of several threats to monarch populations, with drought, habitat fragmentation and reduced availability of nectar plants also influencing the species’ decline. In reality, all of these threats are interconnected in a recipe that could spell disaster for the monarch. Read More »

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$2 million available for Nevada landowners to earn revenue through sage-grouse pilots

sage grouseLast week, Nevada Governor Brian Sandoval and Department of the Interior Secretary Sally announced their support for sage-grouse pilot projects on private and public lands through the Nevada Conservation Credit System. With that announcement came an impressive commitment of $2 million to fund the pilots.

The Nevada Conservation Credit System is now seeking to enroll land managers, namely ranchers, in projects that can earn them new revenue for a variety of conservation activities that improve sage-grouse habitat.

A catalyst for Nevada’s conservation market Read More »

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