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Lake Wales Ridge Conservation Bank

The Lake Wales Ridge Conservation Bank which provides sand skink conservation credits along the Lake Wales Ridge in Florida recently completed a successful prescribed burn within a 57.8 acre range of the 363.5 acre conservation bank. The conservation bank also provided results that the exotic/nuisance species cover in the scrub area has been reduced to less than 1 percent! This 363.5-acre conservation bank, located in Polk County, Florida is one of the largest areas of pristine scrub habitat left along

Mitigation Banking 101

What is a Mitigation Bank? Mitigation Banks are large-scale wetland and/or stream restoration and enhancement projects that are established in areas where continued development will require impacts to these important aquatic resources. The restoration work completed at a mitigation bank generates a net gain of wetlands and/or stream in a given area, which is quantified based on the resulting ecological benefit to generate a number of mitigation “credits” . The mitigation bank is protected in perpetuity, via a conservation easement. The

National Mitigation & Ecosystem Banking Conference Recap

Every year I attend the National Mitigation Banking Conference to connect with key leaders and stay up to speed on how the mitigation, ecosystem & conservation banking industry is doing. Love this conference as it brings together policy, business, science and people investing in the environment for a few days. Below are a few recap videos I did while in Minnesota with some of the things I took from the conference each day. Day 1 https://mitigationbankinginc.com/wp-content/uploads/2019/05/National-Mitigation-Ecosystem-Banking-Conference-Day-1-Recap.mp4   Day 2 https://mitigationbankinginc.com/wp-content/uploads/2019/05/National-Mitigation-Ecosystem-Banking-Conference-Day-2-Recap.mp4   Interview with

National Mitigation & Ecosystem Banking Conference: Conversation with John Paul Woodley Junior

During the National Mitigation & Ecosystem Banking Conference, I had the honor of sitting down with John Paul Woodley Jr. and talking with him about our industry. John Paul is a former Assistant Secretary of the Army. Here is our interview: https://mitigationbankinginc.com/wp-content/uploads/2019/05/Conversation-with-John-Paul-Woodley-Jr-NMEBC2019.mp4   During John’s time with The U.S. Army Corps of Engineers and U.S. Environmental Protection Agency, the Corp released a rule to clarify how to provide compensatory mitigation for unavoidable impacts to the nation’s wetlands

Reedy Creek Mitigation Bank

Reedy Creek Mitigation Bank just planted 20 acres last month after a nice looking burn was used to knock back rubus, dog fennel, and competitive pasture grasses (Bermuda and bahia). This site was used for cattle grazing and sod production in the past, so restoration efforts of Prescribed Burns, Planting, and Spraying has been a great prescription for this land. The Reedy Creek Mitigation Bank is scheduled to put 50,000 grass plugs (17 total species) on three-foot centers in the

Federal 404 Mitigation Bank

As of April 2019, Florida has 81 Federally permitted mitigation banks and 32 mitigation banks that are pending the federal permitting process. As you can see from the map below, the service areas that mitigation banks represent is majority of the state of Florida. The mitigation banking industry is growing strong since its inception in the 1990’s. The mitigation banking industry grants private landowners credits for investing in restoration; landowners can then sell these credits to developers who

World Wetlands Day 2019

World Wetlands Day is celebrated yearly on February 2nd and was created to bring awareness to the value of our wetlands and planet earth. This holiday was established in 1997, and has grown more popular each year. Both governmental and non-governmental agencies come together to bring awareness and showcase the benefits of our planet’s wetlands. https://mitigationbankinginc.com/wp-content/uploads/2019/02/World-Wetlands-Day.mp4 In 2015, a photo contest was created to accommodate to the youth in our growing age of technology. Star Alliance Biosphere

Victoria Colangelo to serve on Seminole County Parks and Preservation Advisory Committee

RELEASE DATE: 12/19/2018 SEMINOLE COUNTY APPOINTS MITIGATION BANKING GROUP CEO TO ADVISORY COMMITTEE Victoria Colangelo to serve on Seminole County Parks and Preservation Advisory Committee OVIEDO, FLORIDA, DECEMBER 18, 2018 — This week, the Board of County Commissions announced in a letter from Chairman, Brenda Carey, Commissioner, District 5 the appointment of Victoria Colangelo to Seminole Country Parks and Preservation Advisory Committee.  Victoria Colangelo, 35, of Winter

Frequently Asked Questions

Mitigation Banking Frequently Asked Questions Victoria Colangelo of the Mitigation Banking Group in Orlando, Florida talks about the most frequently asked questions about the mitigation banking industry. What is a mitigation bank?  What is the average size mitigation bank?  Why would I need a mitigation credit?  Can I purchase a mitigation credit from any permitted mitigation bank?  How much does a mitigation credit cost?  What is the different between a state and federal