Since the Watershed Improvement Program (WIP) launched, the Sierra Nevada Conservancy has invested nearly $10 million in to WIP projects through the Proposition 1 Grant Program. These projects will restore 15,000 acres across the Sierra Nevada Region.
Watershed Improvement Program partners are coordinating with state agencies as they administer funding from Proposition 84 and Proposition 1, Greenhouse Gas Reduction revenues, State Responsibility Area Fire Prevention fees, and Transportation Mitigation fees.
We're also exploring new, innovative approaches to fund forest and watershed restoration projects with our partners. One of these approaches, the Forest Resilience Bond, will invest private capital in restoration projects that protect forest health and mitigate the risk for damage from wildfires and drought. The Sierra Nevada Conservancy and U.S. Forest Service have been working in close partnership with Blue Forest Conservation to site California’s first Forest Resilience Bond pilot project in the Yuba River watershed. Sites are also being considered on the Sierra and Stanislaus National Forests.