http://www.slideboom.com/presentations/745985/Early-restoration-projects%3A-Gulf-of-Mexico-restoration%3A-BP-%E2%80%93-Wordpress
In 2012, work began on the initial set of early restoration projects identified through an agreement BP signed with state and federal trustees in April 2011. The trustees also approved two new early restoration projects in December 2012 following a public comment period. These projects are designed to improve nesting habitats for birds and loggerhead sea turtles on a number of Gulf Coast beaches.
Under the early restoration framework agreement, BP agreed to fund up to $1 billion in early restoration projects to accelerate efforts to restore natural resources injured as a result of the Deepwater Horizon accident. The framework requires BP and the trustees to agree upon the potential projects, funding and the natural resources' benefits the projects are expected to provide. The trustees then implement the projects.
The agreement between BP and the trustees makes it possible for restoration to begin at an earlier stage of the NRD process than usual. NRD restoration projects are typically funded only after the NRD assessment is complete and a final settlement has been reached or a final court judgment has been entered. This process often takes many years, and restoration is often delayed during that time. The early restoration framework agreement allows the parties to expedite projects to restore, replace or acquire the equivalent of injured natural resources in the Gulf soon after an injury is identified, reducing the time needed to achieve restoration of those resources.
SOURCE: http://www.bp.com/sectiongenericarticle800.do?categoryId=9048905&contentId=7082585
RELATED ARTICLE:
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https://getsatisfaction.com/bpholdingsaldren/topics/c2bu57gf5rsaq
http://bpholdingsninje.wordpress.com/2013/04/20/early-restoration-projects-gulf-
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