STOCK TITAN

DTE Energy Foundation grants $1 million to The Nature Conservancy to preserve, protect and enhance Michigan’s treasured natural habitats and species

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

DTE Energy Foundation has awarded $1 million to The Nature Conservancy to enhance environmental initiatives in Michigan. This funding will support the Healthy Cities program in Detroit, wetland restoration at Erie Marsh, and whitefish research and restocking projects in various rivers. The partnership aims to integrate urban environmental programs, restore natural habitats, and foster the next generation of conservationists through a fellowship program. Funding will be utilized over the next three years, furthering ongoing efforts to protect and enhance Michigan’s natural resources.

Positive
  • Awarding $1 million for environmental initiatives demonstrates corporate commitment to sustainability.
  • Funding supports multiple projects, such as wetland restoration and fisheries enhancement, which can positively impact local ecosystems.
  • Long-term partnership with The Nature Conservancy enhances community engagement and environmental preservation.
Negative
  • None.

Grant will revitalize wetlands, strengthen fisheries, advance urban environmental initiatives and fund a conservation fellowship program

Detroit, March 30, 2022 (GLOBE NEWSWIRE) -- The DTE Energy Foundation today announced it has awarded $1 million to The Nature Conservancy (TNC) to fund several significant environmental programs throughout Michigan that will preserve, protect and enhance the state’s treasured natural habitats and species. This latest grant to TNC will be used to fund the Healthy Cities program in Detroit, wetlands restoration efforts at Erie Marsh Preserve in southern Michigan and whitefish research and restocking in west and northern Michigan.

“The DTE Foundation understands the importance of doing everything we can to protect the wonderous natural beauty in our home state through our long-standing partnership with The Nature Conservancy and its forward-thinking programs,” said Lynette Dowler, president, DTE Foundation. “We have seen the impact of the TNC’s work firsthand over the years and are grateful for their efforts to preserve our home state’s environment, benefitting our communities for generations to come. As Michiganders, we are all fortunate to have The Nature Conservancy working on our behalf; their vision will ensure the vitality of our state’s natural heritage.”

The Foundation has funded The Nature Conservancy since 2011, enabling the organization to advance its environmental programs throughout Michigan. The initiatives covered in this latest round of funding will be carried out over the next three years.

“The support we have received from the DTE Energy Foundation has been instrumental in helping us address long-standing environmental challenges in Michigan,” said Helen Taylor, state director in Michigan for The Nature Conservancy. “The sheer scope of their financial commitment will allow us to protect and enhance natural attributes in our cities, rivers and lakes, and it will provide educational opportunities for the next generation of conservationists. We are fortunate to have such a supportive partner who is clearly focused on a sustainable future.”

GRANT DETAILS

Healthy Cities

The Healthy Cities program is designed to integrate environmental programs into Michigan’s urban setting. TNC will work with well-established community groups and residents in the Eastern Market area in Detroit to develop green stormwater infrastructure that will benefit water quality. The work will include:

    • Establishing a residential repair program and resources to support local residents.
    • Developing a community engagement plan for the Eastern Market area that guides long-term support for residents and community-based organizations that will benefit food providers and business community members in the area.

Fisheries

Over the next three years, TNC will work with project partners – including the Sault Ste. Marie Tribe of Chippewa Indians, Little Traverse Bay Band of Odawa Indians and the Michigan Department of Natural Resources – to pilot an experimental effort to restore whitefish in the rivers that flow into Lakes Michigan or Huron. Working with its partners, TNC will conduct surveys on Lake Michigan tributaries and test egg rearing methods at tribal hatcheries to develop methods for possible future stocking efforts in the rivers suitable for whitefish populations. The partnership plans to begin an experimental stocking in 2023 to pilot possible restoration efforts. Candidate rivers include the Muskegon River, the Jordan River, the Carp River and the Bear River.

Erie Marsh Restoration

TNC plans to complete the final phase of its wetland restoration at Erie Marsh, reestablishing the natural habitat in the remaining 198 acres of the project. To date, DTE Foundation and TNC have joined forces to restore more than 750 acres of wetlands habitat at Erie Marsh. The support of the DTE Foundation has been critical to this project over the past decade, recently helping to raise over $200,000 from private donors as well as nearly $500,000 from the National Fish and Wildlife Foundation for this final phase.

Fellowship Support

The DTE Foundation’s support will enable TNC to extend its two-year Conservation Fellowship program to a recent graduate, engaging them in an immersive, career-building experience that also brings valuable capacity to TNC’s conservation work. 

The DTE Foundation is dedicated to cultivating diverse, inclusive, and equitable communities and supports initiatives focused on arts and culture, community transformation, economic progress, education and employment, environment and human needs.

###

 

 

About the DTE Energy Foundation 

The DTE Foundation is the philanthropic arm of DTE Energy, continuing the legacy of community support and involvement of its electric and natural gas utilities, which serve 2.3 million electric customers in Southeast Michigan and 1.3 million natural gas customers in Michigan. In 2021, the DTE Energy Foundation provided more than $18.9 million in grant support where the company has a business presence with a focus on driving positive, meaningful change on three key areas: jobs, equity and the environment. As one of Michigan's leading corporate citizens, DTE aspires not only to be the best in the world, but the best for the world, serving as a force for growth and prosperity in the communities across Michigan. Visit DTEFoundation.com to learn more. 

About The Nature Conservancy

Founded in 1951, The Nature Conservancy (TNC) has grown to become one of the most effective and wide-reaching environmental organizations in the world. In over 70 countries and territories and all 50 United States, TNC works with partners from all sectors to address the planet’s biggest, most important challenges, from the needs of a growing global population to a changing climate, to the rapid loss of biodiversity. Here in Michigan, our global priorities drive us to act locally. For decades, TNC in Michigan has worked with the people of this Great Lakes state to protect the rivers, lakes and lands that are its natural heritage. We continue to pursue strategies that will help ensure the vitality of Michigan’s people, places and wildlife for generations to come. Visit nature.org/michigan to learn more.


FAQ

What is the purpose of the DTE Energy Foundation's $1 million grant to The Nature Conservancy?

The grant aims to fund environmental programs in Michigan, including urban initiatives, wetland restoration, and fisheries enhancement.

How will the funding from DTE Energy Foundation benefit Detroit's Healthy Cities program?

The funding will help develop green stormwater infrastructure and community engagement plans in Detroit's Eastern Market area.

What specific projects are included in the DTE grant for environmental preservation?

The projects include wetland restoration at Erie Marsh, whitefish research in various Michigan rivers, and community-based environmental programs.

How long will the DTE Energy Foundation's funding be utilized?

The funding will be utilized over the next three years to advance the environmental initiatives.

What longstanding collaboration exists between DTE Energy Foundation and The Nature Conservancy?

DTE Energy Foundation has been funding The Nature Conservancy since 2011, helping to address environmental challenges in Michigan.

DTE Energy Company

NYSE:DTE

DTE Rankings

DTE Latest News

DTE Stock Data

24.70B
206.39M
0.32%
77.65%
1.24%
Utilities - Regulated Electric
Electric Services
Link
United States of America
DETROIT