Innovative Finance for National Forests Program
Project Description: On May 11, 2020, MLTPA was advised that a partnered grant application with the Inyo National Forest and Quantified Ventures for the Innovative Finance for National Forests Program had been awarded to MLTPA by the U.S. Endowment for Forestry and Communities and the National Forest Foundation. The $150,000 grant sought to address recreation needs on the Inyo National Forest through a business plan to address compromised campground infrastructure, as local campgrounds are not currently meeting the needs of contemporary recreationists. The business plan identifies potential non-federal capital resources for much needed improvements, and may serve as a replicable model for similar recreation infrastructure and capital improvement needs on federal public lands. Addressing the campgrounds’ needs can maximize revenues from visitors, enhance revenues to local gateway communities, diversify business opportunities, and all while protecting natural resources and adapting and promoting resilience to climate change. On October 11, 2021, the U.S. Endowment for Forestry and Communities announced $2.2 million in addtional grant funding for eleven awards to support development of finance models that seek to leverage private sector capital to support resilience of the National Forest System and surrounding lands, and $376,811 was awarded to Quantified Ventures to continue work on the Inyo National Forests Campground project.
Financing Innovative Partnerships
"Financing Innovative Partnerships for Rural Recreation Infrastructure" is the complete title of the project that has been awarded $376,811 to continue IFNF support for piloting an innovative approach to financing recreation infrastructure improvements that provide greater access to and absorb tourism on the Inyo (California) and Mount Baker-Snoqualmie (Washington) National Forests.
U.S. Endowment for Forestry and Communities Press Release
On Oct. 11, 2021, the U.S. Endowment for Forestry and Communities released a press release announcing eleven awards supporting development of finance models that seek to leverage private sector capital to support resilience of the National Forest System including continued support for the Inyo National Forest campground project. Click above to learn more.
Business Plan
In November of 2021, Quantified Ventures delivered the final draft of the "Inyo National Forest Campground Business Plan" along with an Executive Summary. The business plan identifies potential non-federal capital resources for much needed improvements, and may serve as a replicable model for similar recreation infrastructure and capital improvement needs on federal public lands.
Inyo National Forest Campground Business Plan
Click above to download and review the final "Inyo National Forest Campgrounds: Business Plan" drafted by Quantified Ventures with support from the entire team, including U.S. Forest Service staff and MLTPA and completed in November of 2021.
Executive Summary
Click above to download and review the Executive Summary from the final "Inyo National Forest Campgrounds: Business Plan" drafted by Quantified Ventures with support from the entire team, including U.S. Forest Service staff and MLTPA and completed in November 2021.
U.S. Forest Service: Washington Office Blog Post
On December 22, 2020, The Washington Office of the U.S Forest Service published this blog post on MLTPA's grant award as part of their series "... exploring the role of innovation finance in forest management." Click above to read the post and access the entire series.
IFNF Grant Application
Click above to review the final "Inyo National Forest Campgrounds: Business Plan" grant application submitted by MLTPA. The application was developed with Inyo National Forest staff and Quantified Ventures, with letters of support from regional partners, including Inyo and Mono Counties.
IFNF Awards Press Release
On May 18th, 2020 the US Endowment for Forestry and Communities announced ten national grant awards supporting the development of finance models that seek to leverage private sector capital to support resilience of the NF system. This is one of ten nationally awarded projects, click above to review.
Inyo NF Campgrounds: Business Plan Kickoff Presentation
Quantified Ventures delivered a presentation to MLTPA and the U.S. Forest service team, introducing the benefits of Outcomes Based Financing, the opportunity to transfer performance risk of innovative projects to investors, and the importance of regional stakeholders. Click above to download and review.
IFNF Grant Application - Project Area Map
As part of the final "Inyo National Forest Campgrounds: Business Plan" grant application submitted by MLTPA, the team produced a project area map that identifies Inyo National Forest Campgrounds, BLM Campgrounds, and regional County Campgrounds. Click above to download and review.
Last Updated April 30, 2022