At yesterday’s White House Roundtable on Water Innovation, United States Secretary of the Department of the Interior Sally Jewell confirmed the initiation of a Natural Resource Investment Center to support and finance economic and development goals related to water conservation across the nation.
This Center will use all manner of resources and collaborative tools and materials to raise investments in water conservation and essential water framework needs, as well as increase funding to help safeguard important habitats and eco-structures.
Secretary Jewell stated, “given increased development pressures climate impacts and constrained budgets, Interior is pursuing innovative approaches with private sector organizations to help accomplish our balanced land management and conservation mission… As a former CEO, I am confident the private sector can play a meaningful role in working with us to advance the goals of smart development alongside thoughtful conservation. The Natural Resource Investment Center will facilitate this effort by building on current activity to incent private investments in the infrastructure and conservation of water, species, habitat, and other natural resources.”
The Center will have three primary goals:
- Raise more support in regard to water conservation while growing reserves of water and water resource resilience – achieving this by expediting water exchanges in the American West.
- Boost funding for essential water framework in both existing and new framework necessities by developing funding strategies.
- Back private funding and provide support to those who promote effective licensing and ecosystem protection for natural resources, habitats, and wildlife.
The Center is part of Pay for Success and the Build America Investment Initiative, two of President Obama’s initiatives pushing for economical and environmental efficiency. Additionally, the Center will utilize the Department of the Interior’s numerous bureaus: Bureau of Reclamation, U.S. Fish and Wildlife Service, Bureau of Land Management, National Park Service, Bureau of Indian Affairs, and U.S. Geological Survey.