About
The Wildfire Prevention Tax Credit (WPTC) initiative advances a market-based solution to America’s wildfire crisis. It seeks to create a federal tax credit — modeled on LIHTC and 45Q — that mobilizes private capital into prevention projects like fuels reduction, prescribed burns, and ecosystem restoration.
Developed through graduate research at Harvard University, the WPTC framework bridges environmental finance and disaster-risk reduction. It establishes measurable outcomes, third-party verification, and fiscal safeguards designed to complement federal and state programs, helping close the nation’s $5–6 billion annual wildfire prevention funding gap.
Photo by John Hreniuc on Unsplash