March 26, 2023 — The Nature Conservancy and The Pew Charitable Trusts announced its Supporting Oyster Aquaculture and Restoration (SOAR) project has received USD 6.3 million (EUR 5.8 million) in additional funding.
SOAR aims to restore coastal ecosystems, foster a thriving aquaculture industry, and increase diversity and equity within the oyster aquaculture industry. The new funding builds upon the initial USD 5 million (EUR 4.6 million) phase one of the SOAR program.
December 4, 2020 — In a year of brutal downturns in demand, struggling oyster growers have one faint bright spot: A $2 million national initiative to buy 5 million surplus oysters for use in habitat restoration projects.
On Thursday 240,000 of those shellfish were barged to a reef in Little Egg Harbor for planting on the Tuckerton Reef site. Growers converged the day before at the Parsons Mariculture dock in Tuckerton, N.J., meeting with owner Dale Parsons and Bill Shadel, coastal project manager for The Nature Conservancy.
In October the group announced it was starting the Supporting Oyster Aquaculture and Restoration (SOAR) initiative, a two-year program to extend $2 million in payments to oyster farmers, support more than 100 shellfish companies and preserve over 200 industry jobs in northern New England, the Mid-Atlantic and Washington state.
Oysters purchased in partnership with The Pew Charitable Trusts will be replanted to rebuild 27 acres of native shellfish reefs on 20 restoration sites around the coasts.
The program is “benefitting the ecosystem and giving us a boost,” said Tommy Burke, who operates his Sloop Point Oyster Farms in upper Barnegat Bay.