From Walden to Wall Street : Frontiers of Conservation Finance

Annotation In the absence of innovation in the field of conservation finance, a daunting funding gap faces conservationists aiming to protect America's system of landscapes that provide sustainable resources, water, wildlife habitat, and recreational amenities. Experts estimate that the average annual funding gap will be between $1.9 billion and $7.7 billion over the next forty years. Can the conservation community come up with new methods for financing that will fill this enormous gap? Which human and financial resources will allow us to fund critical land conservation needs? From Walden to Wall Street brings together the experience of more than a dozen pioneering conservation finance practitioners to address these crucial issues. Contributors present groundbreaking ideas including mainstreaming environmental markets; government ballot measures for land conservations; convertible tax-exempt financing; and private equity markets. The creativity and insight of From Walden to Wall Street offers considerable hope that, even in this era of widespread financial constraints, the American conservation community's financial resources may potentially grow dramatically in both quantity and quality in the decades to come About Island Press......Page 3 About the Lincoln Institute of Land Policy......Page 4 Title Page......Page 8 Copyrights Page......Page 9 Table of Contents......Page 10 Foreword......Page 12 Preface......Page 18 Ch. 1: Financial Innovation for Conservation: An American Tradition......Page 28 Ch. 2: Conservation Finance Viewed as a System: Tackling the Financial Challenge......Page 49 Ch. 3: Countours of Conservation Finance in the United States at the Turn of the Twenty-first Century......Page 64 Ch. 4: State and Local Government Funding of Land Conservation: What is the Full Potential?......Page 78 Ch. 5: External Revolving Loan Funds: Expanding Interim Financing for Land Conservation......Page 100 Ch. 6: Employing Limited Development Strategies to Finance Land Conservation and Community-Based Development Projects......Page 117 Ch. 7: Expanding the Frontiers of Conservation Finance......Page 136 Ch. 8: Transferable State Tax Credits as a Land Conservation Incentive......Page 151 Ch. 9: Payrolls Versus Pickerels Redux: A Story of Economic Revitilization and Timberland Conservation Using New Markets Tax Credits......Page 165 Ch. 10: Mainstreaming Environmental Markets......Page 182 Ch. 11: The Gray and the Green: The Built Infrastructure and Conservation Investment......Page 199 Ch. 12: Financing Private Lands: Conservation and Management Through Conservation Incentives in the Farm Bill......Page 210 Bibliography......Page 228 About the Contributors......Page 238 Index......Page 248 Island Press Board of Directors......Page 264 Financial innovation for conservation : an American tradition / James N. Levitt Conservation finance viewed as a system : tackling the financial challenge / Patrick Coady Contours of conservation finance in the United States at the turn of the twenty-first century / Frank Casey State and local government funding of land conservation : what is the full potential? / Ernest Cook and Matt Zieper External revolving loan funds : expanding interim financing for land conservation / Mary McBryde, Peter R. Stein, and Story Clark Employing limited development strategies to finance land conservation and community-based development projects / Ned Sullivan and Steve Rosenberg Expanding the frontiers of conservation finance / Kevin W. Schuyler Transferable state tax credits as a land conservation incentive / Philip M. Hocker Payrolls versus Pickerels Redux : a story of economic revitalization and timberland conservation using new markets tax credits / Steve Weems Mainstreaming environmental markets / Adam Davis The gray and the green : The built infrastructure and conservation investment / Jeffery T. More Financing private lands : conservation and management through conservation incentives in the farm bill / Robert Bonnie Annotation In the absence of innovation in the field of conservation finance, a daunting funding gap faces conservationists aiming to protect America's system of landscapes that provide sustainable resources, water, wildlife habitat, and recreational amenities. From Walden to Wall Street brings together the experience of more than a dozen pioneering conservation finance practitioners to address this crucial issue. Contributors present groundbreaking ideas, including mainstreaming environmental markets; government ballot measures for land conservations; convertible tax-exempt financing; and private equity markets Annotation In the absence of innovation in the field of conservation finance, a daunting funding gap faces conservationists aiming to protect America's system of landscapes that provide sustainable resources, water, wildlife habitat, and recreational amenities. Experts estimate that the average annual funding gap will be between US$1.9 billion and US$7.7 billion over the next forty years. This book brings together the experience of more than a dozen pioneering conservation finance practitioners to address this crucial issue