Nine coastal states (Maine, New Hampshire, Massachusetts, Rhode Island, Connecticut, New York, New Jersey, Maryland, and Virginia) have been advancing an initiative to establish a regional fund administrator for fisheries compensatory mitigation which would provide financial compensation for impacts from offshore wind development in the Atlantic Coast region. This effort focuses on supporting the BOEM Draft Fisheries Mitigation Framework [boem.gov] by working to advance the establishment of an administrator that would collect, hold, and dispense funds to impacted members of the fishing community while creating a process that is fair, equitable, and transparent across the region and engages with the fishing and offshore wind industries. The states have developed and will be releasing a request for information (RFI) to solicit feedback on the design of the fund administrator.
To support the states’ work, the Consensus Building Institute and the Special Initiative on Offshore Wind will be hosting two webinars to help share information about the forthcoming RFI, on November 30 from 6-8pm ET and December 1 from 4-6pm ET. Please find the two Zoom links below.
November 30 webinar link: https://us06web.zoom.us/j/84786320076 [us06web.zoom.us]
December 1 webinar link: https://us06web.zoom.us/j/84686674850 [us06web.zoom.us]
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