Campbell & Company is celebrating the passage of the Great American Outdoors Act, which was signed into law on August 4, 2020. The most significant new federal conservation law in 40 years, the Act will:
- Provide up $9.5 billion over the next five years in the National Parks and Public Land Legacy Restoration Fund to provide needed maintenance for critical facilities and infrastructure in our national parks, forests, wildlife refuges, recreation areas, and American Indian schools.
- Use royalties from offshore oil and natural gas to permanently fund the Land and Water Conservation Fund $900 million a year to invest in conservation and recreation opportunities across the country—helping to increase access to outdoor spaces.
In our consulting engagements with a wide range of environmental nonprofits, we’ve seen firsthand how important federal funding is to accomplishing land conservation and other objectives critical to combatting climate change, promoting human health, and protecting nature.