News release: New Forest Resilience Bond will finance $25 million of restoration to reduce wildfire risk on the Tahoe National Forest in California
World Resources Institute, Blue Forest Conservation, National Forest Foundation, U.S. Forest Service, Yuba Water Agency and the North Yuba Forest Partnership are pleased to announce the launch of the second Forest Resilience Bond (FRB): the Yuba II FRB. The new FRB on the Tahoe National Forest will finance $25 million in forest resilience and post-fire restoration projects in California’s Sierra Nevada mountains to restore 48,000 forested acres, protect nearby communities, and enhance water security.