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Report outlines funding to conserve half of Massachusetts's land

way that provides clean water and protects the climate by capturing carbon; reforming regulations to facilitate limited cluster development consistent with smart growth objectives; and bundling land conservation projects to defragment the landscape and expand funding opportunities. The panel also underscored the importance of linking conservation financing with investments in community and economic development.

Lambert estimates that to reach the Wildlands and Woodlands goal, the current $100 million spent annually by public, private, and philanthropic sources on land preservation in the Bay State would have to be increased by at least $30 million to $40 million a year for the next 20 years.

"Massachusetts has an uphill climb," she says. "According to the Trust for Public Lands, the Commonwealth spends only $7 per capita on land conservation each year, compared to $21 in Maryland and $25 in Florida. While this is in some sense a limitation, it also provides an opportunity to develop new finance tools that will help close this gap."


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Contact: Steve Bradt
steve_bradt@harvard.edu
617-496-8070
Harvard University
17-Nov-2006


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