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Got Land? Need Money? Financing Perpetual Land Stewardship 1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

Got Land? Need Money?

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Got Land? – Need Money?

Financing Perpetual Land

Stewardship

1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

Cliff David- Conservation Economics Matt Hurteau- Penn State University Mike Jacobson- Penn State University Nick Dilks- Ecosytem Investment Partners

2 1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

Presenters

Conservation Economics

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Ecologically responsible solutions for individual, NGO, corporate, and government landowners who seek to financially expand upon the value of their resources.

1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

Responsibilities of a Land Trust

4 1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

• Fulfill its Mission • Maintain Property • Preserve Natural

Resources & Biodiversity of the Ecosystem

• Improve Environmental Conditions

• Insure Conservation Easement is Enforced

The Problem for Land Trusts

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• It is expensive to maintain land • It is expensive to monitor and enforce conservation easements • Cost to monitor conservation easements can vary

• The cost to manage or monitor land is perpetual

• Land usually has restrictions • Public relations issues must be considered

1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

The Solution

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Find and implement ways to generate revenue while maintaining or improving the environmental conditions of the property.

1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

Each Parcel of Land is Different

7 1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

• Restrictions

• Physical elements

• Location

• Community

• Local Politics

There are many opportunities, but do your homework

8 1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

• Legal Documents

• Property Characteristics

• Property Location

Legal Documents

9 1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

• Conservation Easement

• Deed / Deed Restrictions

• Funding Source • Restrictions

• Zoning & Government

Planning Maps

• Right of ways

Property Characteristics

10 1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

• Topography • Soils • Flora • Fauna • Wetlands • Water Courses • Climate • Geology • Historic Elements • Past & current extraction

activities

Property Location

11 1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

• Population Density • Access to Transportation (Air, Rail, Highways) • Municipal Services (Water, Sewer, Electricity) • Access to the Market • Market Opportunity (Willing & Accessible Buyers)

Three Eco-Uses

12 1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

• Carbon Sequestration

• Non Timber Forest Products (NTFP)

• Wetland Mitigation Banking

Carbon Sequestration

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Matt Hurteau Penn State University

1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

Non-Timber Forest Products

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Mike Jacobson Penn State University

1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

Wetland Mitigation

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Nick Dilks Ecosystem Investment Partners

1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

Thank you

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1016 Stone Bridge Road, Lower Gwynedd, PA 19002 www.conservationeconomics.com 484.558.0586

Questions