Seagulls on the beach.
In early 2013, a U.S. District Court approved two plea agreements resolving certain criminal charges against BP and Transocean related to the Deepwater Horizon oil spill. Provisions within the pleas direct a total of $2.544 billion to the National Fish and Wildlife Foundation over a five-year period. The funds are to be used to support projects that remedy harm or reduce the risk of future harm to natural resources that were affected by the oil spill.
On Thursday, November 14, 2013 The National Fish and Wildlife Foundation (NFWF) announced the funding of $15.7 million for six Florida projects that address high priority conservation needs. The projects, developed in consultation with the Florida Fish and Wildlife Conservation Commission, the Florida Department of Environmental Protection and federal resource agencies, are designed to remedy harm or reduce the risk of future harm to natural resources that were affected by the 2010 Deepwater Horizon oil spill.
The moneys are the first disbursements from NFWF’s Gulf Environmental Benefit Fund, created earlier this year as part of the settlement between the U.S. Department of Justice and BP and Transocean to resolve certain criminal charges against both companies in relation to the spill.
Webinar - Potential 2014 Projects