Friday Top of the Scroll: How private capital is speeding up forest restoration in the Sierra Nevada that benefits water
The Forest Resilience Bond uses private capital to finance forest restoration activities. Beneficiaries, including the U.S. Forest Service and the California Department of Forestry and Fire Protection, reimburse investors over time. Yuba Water has pledged $1.5 million toward the project and the state of California has committed $2.6 million in grant funding, with additional funding from the Sierra Nevada Conservancy.