Restore the Earth Foundation and US Business Council for Sustainable Development (US BCSD) joined together in 2016 to form a Strategic Alliance. The stated goal is to engage the US BCSD’s Water Synergy Project members in taking action and scale impact with projects on the ground. The US BCSD + Restore the Earth Strategic Alliance’s North America’s Amazon Collaborative Fund applies a business-led project model to achieve landscape-scale restoration that can be scaled and replicated in water-stressed watersheds and regions.
COLLABORATIVE FUND PROJECT
US BCSD + Restore the Earth is jointly implementing a coastal restoration project at Pointe-aux-Chenes, demonstrating how the private sector can invest in coastal restoration while accounting for the environmental, social and economic value created by their investment.
The initial goal for this business-led private/public Collaborative Fund is to restore 4,000 acres of historic cypress forest.
Funding for Phase I of the project, restoring the first 1,000 acres, has been secured and restoration for Phase I was completed in February 2017.
Phase II funding for the second 1,000 acres is underway.
- In 6 Months: Raised $1 million dollars from corporate partners, and matched with public funding and broke ground
- In 9 Months: Project complete
- 2 corporate volunteer days mobilizing over 80 employee volunteers
- EKOgrown® native bald cypress trees were grown from seed
- 100,000 trees were planted
- 1,000 acres reforested
- Trees commercially planted
- 95% survivability
- Trees between 8-9 feet tall (were ~ 4-5 feet at time of planting)
FIELD UPDATE: OCTOBER 2018
Phase I trees are 6-8 feet tall on average, showing 2-3 foot growth since planting between Fall ’16 – Spring ’17
Pilot planting from Spring 2016 show trees at 10-12 feet tall, providing a preview for anticipated growth of current and future plantings
COLLABORATIVE FUND MEMBERS
Creates carbon offsets assigned in perpetuity
Generates Phosphorous and Nitrogen water quality nutrient offsets assigned in perpetuity
Supports urban resiliency-related services, providing a green infrastructure solutions to build resilience
Generates business development value
Partnership on impactful projects
Provides Employee Engagement
Supports environmental awareness and education programs
Supports Sustainable Development Goals
Using Restore the Earth’s EcoMetrics, the projections for the environmental, social and economic value created by the restoration have been calculated.
• For every $1 invested, community and funding stakeholders see a total value creation of $15.76.
• The community stakeholders are the largest recipients of the value creation
This makes the business case for investment in landscape scale-restoration, complimented by the co-benefits which offer the greatest value to communities, the environment and the economy. This creates value for corporate funders, stakeholders and society at large.
Joins the Collaborative Fund