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| January 10, 2008
Alcoa Foundation Awards Grant to SC Nature Conservancy to Fund Restoration of Oyster Reefs
CHARLESTON, S.C.--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that the Alcoa Foundation has awarded a
$200,000 grant to the South Carolina Nature Conservancy to initiate a
multi-year oyster restoration program. The program is part of The Nature
Conservancy’s global mission to protect the
Temperate Western Atlantic Coast, which extends from the Gulf of Maine
to the Cape Canaveral, FL.
The coast is critical habitat for migratory shorebirds such as Red
Knots, raptors, waterfowl, and neotropical songbirds. However,
significant areas of the coastline are threatened by development,
habitat conversion and global climate change. Conserving ocean and
coastal ecosystems will improve water quality, protect diverse marine
habitat and benefit economies and livelihoods of coastal communities for
generations to come.
“We are extremely grateful to Alcoa Foundation
for its generosity,” said Mark Robertson, from
the SC Nature Conservancy. “Oysters have a
unique role in tidal habitats, because they create living reefs that
support not just themselves but some 130 other species. With this grant
we can increase the number of oysters in South Carolina waters, builds
oyster reefs to decrease erosion along salt marsh, and boosts recycling
of oyster shells cast off by restaurants, seafood suppliers and the
public.”
With the Alcoa Foundation grant, the SC Nature Conservancy will start a
new restoration program that benefits commercial and recreational
fisherman, coastal citizens, and the tourism industry by building and
protecting oyster reefs through science, market-based strategies,
restoration and resilient habitat protection.
It has been estimated that only seven percent of South Carolina’s
oyster shells are recycled through existing programs. Finding ways to
put cast-off shells back into reefs is one part of the program. Other
plans include prioritizing restoration sites through analysis of current
and historic oyster locations, habitat parameters and ownership/leasing
status.
“We’re pleased that
Alcoa Foundation is able to help kickstart an oyster reef restoration
program here in South Carolina, said Mark Dunlay, Location Manager for
Alcoa’s Mt. Holly operation in Berkeley
County. “The success of this program will
help ensure a healthy coast well into the future.”
About Alcoa Foundation
Alcoa Foundation is a separately constituted nonprofit U.S. corporate
foundation with assets of approximately $534 million. Its mission is to
actively invest in the quality of life in Alcoa (NYSE:AA) communities
worldwide. Throughout its history, the Foundation has been a source of
positive community change and enhancement, with nearly $437 million
invested since 1952. To learn more about Alcoa Foundation, visit www.alcoa.com
under Community.
About The Nature Conservancy
The Nature Conservancy is a leading international, nonprofit
organization that preserves plants, animals and natural communities
representing the diversity of life on Earth by protecting the lands and
waters they need to survive. To date, the Conservancy and its more than
one million members have been responsible for the protection of more
than 15 million acres in the United States and have helped preserve more
than 102 million acres in Latin America, the Caribbean, Asia and the
Pacific. Visit us on the Web at nature.org
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