Thursday, November 17, 2016

Florida to receive 32 million from Gulf Environmental Benefit Fund

Nearly 370 million dollars has been approved from the Gulf Environmental Benefit Fund to pay for 24 projects along the Gulf coast in states impacted by the BP oil spill.

The projects are designed to remedy harm and reduce the risk of future harm to natural resources that were affected by the 2010 Deepwater Horizon oil spill.

The National Fish and Wildlife Foundation created the Gulf Environmental Benefit Fund in 2013 using fines collected from BP and Transocean - a total of $2.5 billion dollars will be collected to be used to support natural resource benefit projects in the Gulf States.

This is the 4th phase of project funding through the program.

Florida will receive more than $32 million for four projects in the state.

The Florida projects address high-priority restoration and conservation needs, including the continuation of fisheries monitoring, an expansion of shorebird restoration activities, enhancement to sea turtle stranding response capacity, and oyster reef restoration in the Big Bend.

The number of projects approved for funding from the Gulf Environmental Benefit Fund in the state of Florida now stands at 25, with a total value of more than $100 million dollars.




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