What’s happening at the Endowment? The latest newsletter has these stories and more:
- 230 industry leaders gathered at the Markets Matter Convening to identify ways to strengthen markets for small-diameter wood, manufacturing residues, and residual wood fiber. Endowment announced a $10 million commitment over the next three years to attract investment and pursue emerging markets.
- The Endowment launched a $500K funding opportunity to repurpose closed wood products facilities, providing up to $500,000 in pre-development funding to support one or two facilities across the United States.
- The Endowment and the Georgia Institute of Technology have developed a prototype decision-support tool that models how underused forestry and mill residues could be converted into biomass power, renewable diesel, and sustainable aviation fuel.
- The Eldorado National Forest and The Freshwater Trust recently formalized California’s Sierra to Sea Watershed Outcomes Bank, a partnership designed to fund and coordinate projects that reduce wildfire risk and protect drinking water.