State to Receive $67.9M in Funding for Key Projects
The National Fish and Wildlife Foundation announced Louisiana will receive $67.9 million to advance projects designed to improve the marine and coastal environments, ecosystems, and habitats in the Gulf of Mexico and bordering states harmed by the Deepwater Horizon oil spill.
The funds were generated by agreements between BP, Transocean, and the U.S. Department of Justice to settle certain criminal charges against both companies in relation to the spill. This is the first approved dedication of the funds, expected to total $2.544 billion for the affected states over a five-year period.
Get more information, including a list of projects to receive funding, by clicking here.