New York’s Environmental Protection Fund (EPF) supports industries that generate approximately $40 billion annually for the state’s economy while sustaining hundreds of thousands of jobs, according to an report released last week by The Trust for Public Land, a national conservation group.
“The findings… show that the stronger the EPF is, the more local economies benefit,” said Jessica Sargent-Michaud, an economist for The Trust.
“As we conduct these studies around the nation, we are finding, time and time again, that investments in land conservation, urban development, and environmental infrastructure, yield returns that sustain and stimulate local and regional economies,” she said. Continue reading