The U.S. Endowment for Forestry and Communities has announced an “Innovative Finance for National Forests (IFNF) grant program supports the development and implementation of innovative finance models that leverage private and public capital other than US Forest Service (USFS) appropriations to support the resilience of the National Forest System (NFS). ”
IFNF grants could, but are not limited to, support of innovative finance models that:
- Enable debt or equity financing from public or private sources to pay for the upfront costs of a project that will be paid back over time by project beneficiaries (payors);
- Access new or existing markets for environmental goods or services;
- Access user-based fees or contributions;
- Increase pace and scale of implementation by blending multiple sources of funding;
- Employ any combination of the approaches listed above.
The IFNF grant program is funded by the USDA Forest Service (USFS) National Partnership Office (NPO) and U.S. Endowment for Forestry and Communities (Endowment). Additional administrative and technical support is provided by the National Forest Foundation (NFF).