SRP Project

Ecosystems Market Development

Organization	Nisqually River Salmon Recovery Lead Entity
Sponsor	Nisqually River Foundation
Status	Planned
Schedule	Start Date: 1/1/2013 End Date: 12/31/2030

DESCRIPTION

NRF and partners will work to develop the market for carbon offsets and water quality within the Nisqually Watershed. Carbon offset contracts can provide long term development restrictions and guarantee certified forest management for 100 years. Water quality trading can also provide for specific water quality improvements on forest land. Both markets provide incentives for improved practices leading to better habitat and improved water quality and regular quantity beyond regulatory requirements. Budget represents what it would take to fund the program for 4 years.

FUNDING SOURCES

FUNDING ENTRIES FROM GRANT PROJECT AGREEMENT

Type	Date	Funding Org	Funding Program	Match	Amount
Allocated	04/20/2016	Department of Ecology (ECY)			$181,000.00

Grant Project Agreement Totals	Proposed	Requested	Allocated	Spent	Balance
Grant Project Agreement Totals	$300,000.00	$0.00	$181,000.00	$0.00	$181,000.00

OTHER FUNDING (Funding that is NOT in a grant project agreement)

Type	Date	Funding Org	Funding Program	Match	Amount

Other Funding Totals	Proposed	Requested	Allocated	Spent	Balance
Other Funding Totals

Grand Totals	Proposed	Requested	Allocated	Spent	Balance
Grand Totals

PRIMARY SPONSOR

Nisqually River Foundation

PROJECT CONTACT

Paula Swedeen

ALT PROJECT CONTACT

Joe Kane
Justin Hall
Kirk Hanson