The Nature Conservancy
DWH Project Funding
Known Leveraged Funding
Funding Source: BP and Transocean
Controlling Document: Guilty Plea Agreement between BP and U.S. Department of Justice, Guilty Plea Agreement between Transocean and U.S. Department of Justice
Year Awarded: 2017
TNC works to conserve the lands and water on which life depends. With this award, TNC and its partners plan to work with three Gulf of Mexico communities to develop tools that can help them identify and select projects that restore habitats, enhance coastal resilience, and earn FEMA community rating system points that reduce flood insurance rates. TNC and its partners will share case studies and lessons learned from this process via GOMA’s Coastal Resilience Team and TNC’s Coastal Resilience Network. They anticipate that this project will increase communities’ capacity to make strategic investments in natural solutions that help protect them from storm and flood impacts. This work could benefit coastal communities in the Gulf of Mexico and across the U.S.