Over the past two decades, The Chesapeake Bay Trust (the Trust) has served as a leader in funding the state of Maryland’s Bay restoration and education programs. However, as the demand for funding increases with shifting community priorities, the Trust must think strategically about the viability and sustainability of its financial resources. In an effort to identify opportunities to build on its success, the Environmental Finance Center at the University of Maryland (EFC) has produced a white paper report that provides a comprehensive analysis of current and future funding opportunities, as well as recommendations for further establishing the Trust as the preferred funding organization for Chesapeake Bay restoration programs in Maryland. Our goal was to identify short-term revenue programs that can quickly increase the Trust’s grant making capacity, with a central focus on opportunities that provided the greatest potential for long-term, sustained revenue growth for the organization. Our second goal was to identify opportunities for the Trust to expand its capacity and impact throughout the watershed, fill critical financing gaps in the Bay’s recovery, and increase its unique role in the Bay restoration process.
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