Project Description: On May 11, 2020, MLTPA was advised that a partnered grant application with the Inyo National Forest and Quantified Ventures for the Innovative Finance for National Forests Program had been awarded to MLTPA by the U.S. Endowment for Forestry and Communities and the National Forest Foundation. The $150,000 grant seeks to address recreation needs on the Inyo National Forest through a business plan to address compromised campground infrastructure, as local campgrounds are not currently meeting the needs of contemporary recreationists. The grant will create a business plan to identify potential non-federal capital resources for much needed improvements. This project may serve as a replicable model by creating a business plan using a Profitability Study, a Financing Strategy, and an Implementation Plan. Addressing the campgrounds’ needs can maximize revenues from visitors, enhance revenues to local gateway communities, diversify business opportunities, and all while protecting natural resources and adapting and promoting resilience to climate change. Delivery of the final business plan is anticipated in the Fall of 2021.
On December 22, 2020, The Washington Office of the U.S Forest Service published this blog post on MLTPA's grant award as part of their series "... exploring the role of innovation finance in forest management." Click above to read the post and access the entire series.
Click above to review the final "Inyo National Forest Campgrounds: Business Plan" grant application submitted by MLTPA. The application was developed with Inyo National Forest staff and Quantified Ventures, with letters of support from regional partners, including Inyo and Mono Counties.
On May 18th, 2020 the US Endowment for Foresty and Communities annouced ten national grant awards supporting the development of finance models that seek to leverage private sector capital to support resilience of the NF system. This is one of ten nationally awarded projects, click above to review.
Quantified Ventures delivered a presentation to MLTPA and the U.S. Forest service team, introducing the benefits of Outcomes Based Financing, the opportunity to transfer performance risk of innovative projects to investors, and the importance of regional stakeholders. Click above to download and review.
As part of the final "Inyo National Forest Campgrounds: Business Plan" grant application submitted by MLTPA, the team produced a project area map that identifies Inyo National Forest Campgrounds, BLM Campgrounds, and regional County Campgrounds. Click above to download and review.
Last Updated December 22, 2020