Water Funder Initiative News

 

Salton Sea

 

August 31, 2016 (Washington Post)
At Lake Tahoe, Obama calls on U.S. to confront climate-change threat

President Obama told renewable-energy advocates here Wednesday that climate change ranks as one of the foremost threats facing the United States and the globe and that the challenges of conservation and combating climate change are connected… A coalition of private groups also pledged to provide $10 million over five years to protect the environment and promote renewable energy and restoration at the Salton Sea…

 

August 31, 2016 (White House Fact Sheet)
At Lake Tahoe Summit, Obama Administration Underscores the Importance of Strong Partnerships and Innovation in Tackling our Shared Climate and Conservation Challenges

Announcing a $10 Million Goal for Salton Sea Efforts with the Water Funder Initiative Foundations: Today, the Water Funder Initiative, a collaborative of leading philanthropic foundations including the S.D. Bechtel, Jr. Foundation, the Energy Foundation, the Rockefeller Foundation, and the Walton Family Foundation, announced a goal to provide $10 million over five years to support implementation of a comprehensive plan to protect public health and the environment, enhance drought resilience, and promote renewable energy and restoration at the Salton Sea. The funding could include loan guarantees, civil society support, private sector engagement, economic diversification programs, and other initiatives that benefit wildlife habitats and local communities.

 

August 31, 2016 (The Desert Sun)
Obama at Lake Tahoe: White House pledges support for Salton Sea, geothermal energy

The federal government is stepping up its commitment to the Salton Sea and exploring the possibility of buying geothermal energy from the Imperial Valley, in a series of moves that could help fund restoration projects at California’s largest lake and maybe pave the way for a multi-state agreement to use less Colorado River water…Possible funding from a nonprofit called the Water Funder Initiative, which has set a goal of providing $10 million over five years to support Salton Sea restoration…

 

August 31, 2016 (The Press-Enterprise)
Obama announces Salton Sea initiatives at Tahoe summit

The Obama administration unveiled initiatives to help restore the Salton Sea and improve the region’s climate resilience, economy and public health as part of President Barack Obama’s visit to Lake Tahoe Wednesday… Also Wednesday, the philanthropic Water Funder Initiative announced a goal to provide $10 million over five years to help implement a plan to improve the Salton Sea’s drought resilience, promote its restoration and renewable energy, and protect public health…

 

August 31, 2016 (Water Deeply)
California Is Running Out of Time to Save the Salton Sea

An agreement by California to draw less water from the Colorado River to help boost water levels at Lake Mead could accelerate the shrinkage of the already precarious Salton Sea, endangering air quality and wildlife habitat… August 31, Obama announced that the federal government would commit $30 million to help spur restoration efforts at the Salton Sea. And another $10 million will likely come from the Water Funder Initiative, a group of leading philanthropic foundations.

 

August 31, 2016 (KPCC)
Salton Sea preservation gets a hand from President Obama

California’s largest lake, the Salton Sea, is in trouble. Southeast of Palm Springs, the manmade lake — manmade by an engineering accident about a hundred years ago — has become an ecological disaster… Raise $10 million through the Water Funder Initiative. The initiative — a collaboration of leading philanthropic foundations including the S.D. Bechtel, Jr. Foundation, the Energy Foundation, the Rockefeller Foundation and the Walton Family Foundation — announced a goal of providing $10 million over five years to support a plan that would “protect public health and the environment, enhance drought resilience, and promote renewable energy and restoration at the Salton Sea.”