After a half century of ditching, diking, and draining the swamplands of southern Florida, a major effort to undo some of the ecological damage of those activities is now under way. In what is perhaps the largest ecological restoration effort of its kind anywhere, the federal and state governments are buying up large parcels of private land, changing dramatically the timing and quantity of freshwater flows to the huge “river of grass” that comprises the Florida Everglades, and even restoring the meanders and backwaters to the same Kissimmee River that an earlier generation of engineers “improved” by straightening and channelizing so as to eliminate its meanders and backwaters. Hundreds of millions of public dollars will be spent in this effort. If it succeeds, the steady degradation of one of the most biologically diverse and distinctive environments of the United States will be halted, and its recovery will have begun. The wood stork (Mycteria americana), snail kite (Rostrhamus sociabilis plumbeus), and Florida panther (Felis concolor coryi) are among the endangered species that this effort may ultimately benefit. Several hundred miles to the north, in the sandhills of North Carolina, a more modest but no less noteworthy conservation effort is under way. There, private owners of woodlots, horse farms, resorts, and even residential property are actively managing their longleaf pines to encourage the presence on their own land of another endangered species, the red-cockaded woodpecker (Picoides borealis). After a quarter century in which many private landowners came to fear the presence of endangered species on their land, sandhills landowners are now inviting them. The state and federal governments are spending few public dollars in this effort, and its scale is much smaller than that of the Everglades restoration. What drives the novel effort in North Carolina is a creative and flexible use of the provisions of the Endangered Species Act to encourage the sort of positive land stewardship that many landowners are willing to embrace. As the Florida and North Carolina examples illustrate, the challenge of effectively conserving the natural biological diversity of the nation requires the use of a flexible and diverse array of strategies.