MAINE ENVIRONMENTAL NEWS • June 1, 2020
The Maine Mountain Collaborative (MMC) received a grant from the Innovative Finance for National Forests Grant Program to support an ongoing project that connects private impact investment capital to long term forest management in western Maine forests. The Exemplary Forestry Investment Fund is a timber investment fund that addresses two challenges: declining public/private funding for land conservation in Maine, and declining forest conditions necessary for healthy ecosystems. The MMC is a group of nine land conservation organizations working in the western Maine mountain region. The $120,000 grant to the MMC, which is being matched by an anonymous private foundation.