Who gains from saving nature
Ledger 1 : 33 — For each dollar financing nature-based solutions in 2023, about $33 financed activities harmful to nature. (UNEP)
Cases / Protected area / relocation · United States · 2003

US Senate probes Nature Conservancy land sales to its own trustees

Short record: the main facts, with sources. A full case file has not been prepared.

Nature's voice · report
No measurement of the harm done to me here is on record.
Did nature suffer? Not measured.
Not on record
  • The record does not name which of my species, waters, soils or forests were harmed.
What the record lacks: 2 none on record · 1 insufficient · 1 not measured See the gaps

Senator Chuck Grassley sought answers from The Nature Conservancy in 2003 about insider land deals, in which conservation land was sold to its own trustees at discounts. The sources reviewed give no figures for the land involved.

What?
The US Senate inquired into The Nature Conservancy's sale of conservation land to its own trustees at discounted prices. US Senate (Grassley)
Where?
United States US Senate (Grassley)
When?
Inquiry in July 2003 US Senate (Grassley)
Who?
Gained
Lost
None on record
Harmed
None on record
Why?
Not stated in the sources reviewed.
How?
Conservation land sold to the organisation's trustees at discounted prices. US Senate (Grassley)
6 of 6 questions answered from the record

What happened

The record, in order.

The US Senate, through Senator Chuck Grassley, sought answers from The Nature Conservancy in July 2003 about insider land transactions, according to the Senate release.

The inquiry examined the sale of conservation land to the organisation's own trustees at discounted prices.

    In court and with insurers

    Every proceeding and every insurer decision on record.

    Lawsuits and rulings

    No court case on record. No court has ruled on this case.

    Insurers

    No insurer decision on record.

    What we don't know

    Undisclosed, unproven, untried: recorded as data.

    Nature

    • Not measured Harm to nature: The record holds no measurement of harm to nature.

    Record

    • Insufficient Reported but not verified: a 1.55 million dollar home loan to the organisation's chief executive, cited to the Chronicle of Philanthropy and the Senate.
    • None on record The number, location and value of the land sales are not stated in the sources reviewed.
    • None on record The outcome of the inquiry is not stated in the sources reviewed.

    Did the harm stop?

    Not stated in the sources reviewed.

    Who paid?

    Not stated in the sources reviewed.

    Sources

    Voices on record: — Company or project— Government and regulators— Courts✓ Press and investigations— Communities and civil society— Researchers

    Press and investigations

    Connected cases

    Related matters, and cases linked to this one through the same organisations, with the role each played in both.

    Places and local terms

    Conservancy (Kenya)
    In Kenya, land managed by a community or private owners for wildlife alongside grazing, often with outside partners.

    Law and courts

    Trustees (natural resource)
    Government agencies that act on behalf of the public to recover and spend damages for harm to natural resources.

    Bonds and banking

    Guarantee
    A commitment by a third party, often a development bank, to pay if the borrower does not.