GBAF Logo
axstj newsimg 0685 stj3 1015
Top Stories

LATEST SPILL-RELATED GRANTS ANNOUNCED

Published by Gbaf News

Posted on November 18, 2014

1 min read
Add as preferred source on Google
ESG Conservation Environment Regulatory Compliance

NEW ORLEANS (AP) — A conservation agency has announced more than $99 million in projects funded through a settlement resulting from the 2010 Gulf of Mexico oil spill — including more than $13 million for restoration work on Louisiana’s coast.

The National Fish and Wildlife Federation announced the latest projects Monday. It marks the second round of grants from a program funded as a result of plea agreements between the U.S. Justice Department, BP and Transocean.

Alabama is receiving $9.6 million of the latest grants; Mississippi is getting $28.8 million for three projects; Texas, $13 million; and Florida, more than $34 million.

Key Takeaways

  • A second round of over $99M in spill‑related grants has been awarded via a settlement from the 2010 Gulf oil spill.
  • Louisiana’s coast will receive over $13M in restoration funds.
  • Allocations include $9.6M to Alabama, $28.8M to Mississippi, $13M to Texas, and over $34M to Florida.
  • Grants are administered by the National Fish and Wildlife Federation under plea agreements involving BP and Transocean.

References

Frequently Asked Questions

What is the source of the funding for these grants?
The funding comes from a settlement under plea agreements between the U.S. Justice Department, BP, and Transocean related to the 2010 Gulf oil spill.
Which states are receiving grant allocations and how much?
Louisiana: over $13M; Alabama: $9.6M; Mississippi: $28.8M for three projects; Texas: $13M; Florida: more than $34M.
Which organization is administering these grants?
The National Fish and Wildlife Federation is administering the grants as part of the Gulf Environmental Benefit Fund.

Tags

Related Articles

Image for Why Curiosity Is the Hidden Engine Behind Every Big Idea

Why Curiosity Is the Hidden Engine Behind Every Big Idea

Image for The Silent Shift Reshaping Global Finance

The Silent Shift Reshaping Global Finance

Image for The Invisible Forces Rewiring Global Finance—And Why the Shift Is Already Underway

The Invisible Forces Rewiring Global Finance—And Why the Shift Is Already Underway

Image for The Global Finance Reset No One Is Talking About—But Everyone Is Feeling

The Global Finance Reset No One Is Talking About—But Everyone Is Feeling

Image for The Financial Trend Hiding in Plain Sight—Why Everything Feels the Same, But Isn’t

The Financial Trend Hiding in Plain Sight—Why Everything Feels the Same, But Isn’t

Image for The Financial System’s New Rhythm—Why Change Is Happening Without Disruption

The Financial System’s New Rhythm—Why Change Is Happening Without Disruption

More from Top Stories

Explore more articles in the Top Stories category

Image for The Subtle Forces Reshaping Global Finance—And Why They Matter Now
The Subtle Forces Reshaping Global Finance—And Why They Matter Now
Image for The Quiet Realignment of Global Finance—Why the System Is Changing Without a Shock
The Quiet Realignment of Global Finance—Why the System Is Changing Without a Shock
Image for The Global Financial Shift That Feels Small—But Is Changing Everything
The Global Financial Shift That Feels Small—But Is Changing Everything
Image for The Financial System’s Invisible Pivot—Why the Biggest Changes Don’t Make Headlines
The Financial System’s Invisible Pivot—Why the Biggest Changes Don’t Make Headlines
Image for Why Global Supply Chains Are Becoming Smarter, Faster, and More Resilient
Why Global Supply Chains Are Becoming Smarter, Faster, and More Resilient
Image for Why Workforce Agility Is Becoming Critical in the Future of Work
Why Workforce Agility Is Becoming Critical in the Future of Work
Image for Why Global Trade Is Entering a New Era of Resilience and Reinvention
Why Global Trade Is Entering a New Era of Resilience and Reinvention
Image for Why Cybersecurity Is Becoming a Core Business Priority in the Digital Economy
Why Cybersecurity Is Becoming a Core Business Priority in the Digital Economy
Image for Why Data-Driven Decision-Making Is Becoming the Backbone of Modern Business Strategy
Why Data-Driven Decision-Making Is Becoming the Backbone of Modern Business Strategy
Image for How Real-Time Data Is Redefining Decision-Making in the Digital Economy
How Real-Time Data Is Redefining Decision-Making in the Digital Economy
Image for Why Cash Flow Visibility Is Becoming the Most Critical Metric for Business Survival
Why Cash Flow Visibility Is Becoming the Most Critical Metric for Business Survival
Image for How Digital Payments Are Redefining the Speed and Scale of Global Commerce
How Digital Payments Are Redefining the Speed and Scale of Global Commerce
View All Top Stories Posts