ABSTRACT
According to the U. S. Forest Service, 40 percent of land under its management is at a "high risk" of severe wildfire, which too often results in devastating fire seasons and threatens habitat, homes, and downstream water quality and quantity. Given the $65 billion-plus need for forest restoration across the U. S., an ambitious new approach to financing forest restoration is needed. One such approach, the Forest Resilience Bond, provides a platform for the public sector, private investors, and stakeholders who benefit from the positive ecosystem services of forest restoration to come together to close the funding gap. By incorporating several essential components into a collective action platform, the Forest Resilience Bond is able to bridge the gap from the value that restoration provides to the undeployed capital seeking conservation investment opportunities. This alignment creates the opportunity to scale forest restoration with a sustainable source of financing.
