Alabama’s Return on Investment in Forever Wild
The Nature Conservancy in Alabama measures the economic value and fiscal impacts of parks and land conservation.
Birmingham, AL | February 07, 2017
BIRMINGHAM, Ala. – The Trust for Public Land, in partnership with The Nature Conservancy in Alabama, conducted an analysis of the return on investment in land conservation through Forever Wild Land Trust and found that every $1 invested in land conservation returned $5 in natural goods and services.
“Alabama’s natural resources provide a wealth of economic, community and conservation benefits to the citizens of this great state. From a booming outdoor recreation industry to providing outdoor spaces for families to enjoy the great outdoors, Forever Wild is an important investment to protect Alabama’s special places,” said Roger W. Mangham, The Nature Conservancy in Alabama State Director.
Once questions of land use, funding, and management have been navigated, land conservation provides a valuable opportunity for Alabama’s communities. “We’ve seen firsthand how towns across the state are able to leverage Forever Wild properties as attractions for tourists and residents,” said Tammy Herrington, Executive Director of Conservation Alabama Foundation. “Accessible public lands not only keep our environment healthy, they also provide a solid foundation for Alabama’s communities and economy.”
Forever Wild is more than just a funding program; it plays a critical role in leveraging federal, private, and nonprofit resources that are necessary for completing land acquisition projects that benefit all Alabamians. “The strong return we estimated for the Forever Wild program in Alabama is consistent with what we have found for over a dozen statewide conservation funding programs across the country, and we expect it to grow over time,” said Jessica Sargent, The Trust for Public Land’s Director of Conservation Economics.
Read the full report at www.tpl.org/al-roi-report.
The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world's toughest challenges so that nature and people can thrive together. We are tackling climate change, conserving lands, waters and oceans at unprecedented scale, and helping make cities more sustainable. Working in more than 65 countries, we use a collaborative approach that engages local communities, governments, the private sector, and other partners. To learn more, visit www.nature.org or follow @nature_press on Twitter.