What is a Wetland Mitigation Bank or a Conservation Bank?
Mitigation Banks are large parcels of land that are State and Federally permitted to provide Wetland Mitigation “Credits”. In exchange for the preservation and restoration of the land; Mitigation credits are awarded and can be sold to private & public landowners to “mitigate” for the loss of wetlands. The mitigation must be done within the same drainage basin/watershed to avoid a no-net loss of wetlands.