What is a Wetland Mitigation Bank? Wetland Mitigation Banks are large-scale ecosystems that are blanketed by a conservation easement. The land will be maintained, monitored and restored back to its natural state and managed in perpetuity. By restoring the land back to its natural state; this will provide a no-net loss to the environment. Restoration activities include: restoring the hydrology, removing invasive species, planting native species, prescribed fires, etc… In exchange for being a good steward to the land, the landowner is awarded
Purchasing Mitigation Credits Depending on which watershed your property is located in will determine which mitigation bank you can purchase credits from. Mitigation Banks are priced differently depending on which watershed you are located in. Pricing ranges from $100,000.00/UMAM Credit to $500,000.00/UMAM Credit. If Mitigation Credits are $200,000.00/UMAM, you can estimate $60,000.00- $160,000.00/acre of direct impact (pricing depends on the quality of the wetland impact). The better quality the wetland, the more mitigation credits that need to be purchased. To find out the
Join us June 3 from 9AM to 5:30PM EST for the Federal Wetlands Science, Law, and Compliance Webinar! In this webinar you’ll be able to: Understand wetland identification, including the presence of wetland vegetation, soils, and underlying hydrology. Discuss federal laws impacting wetlands, including the Clean Water Act and the National Food Security Act of 1985. Determine what wetlands are impacted by the Clean Water Act. Examine cases interpreting federal wetlands law. Explore wetland mitigation banking under Section 404 of the Clean Water Act. Continuing
Celebrating 50 Years of Earth Day! 50 Years ago, US Senator Gaylord Nelson hatched the idea for Earth Day after seeing the ecological catastrophe caused by the Santa Barbara oil spill, which killed more than 3,500 birds off the Californian coast. The first-ever Earth Day was marked by 22 million Americans who marched to protest against the destruction of the environment. This led to the creation of the United States Environmental Protection Agency and the passing of a raft of environmental legislation. In
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
5 Year Anniversary The Mitigation Banking Group is celebrating 5 years in business supporting wetland mitigation in the state of Florida! We’ve entered the new year representing 6 new mitigation banks, bringing our total to 25. We look forward to fulfilling all of your credit needs. Let’s make 2022 our best year to date! Learn how we can help your project by contacting Victoria at victoria@mitigationbankinginc.com.
Mitigation Banking Companies in Florida The Mitigation Banking Group (MBG) is one of the most esteemed and respected mitigation banking Companies in Florida. Our mission is to streamline the mitigation process by providing knowledge and expertise to help you with the environmental permitting process with the State and Federal Agencies. Mitigation Banking History in the U.S: 1969 The National Environmental Policy Act (NEPA) was one of the first laws ever written that establishes the broad national framework for protecting our environment. NEPA’s basic
Wetland Mitigation and Species Conservation in Florida Transcript Victoria: So a wetland mitigation bank, as you know, is a protected land. And it’s an average acreage of about 1,000. They range anywhere from 300 acres to 25,000 acres within the state of Florida. And a wetland mitigation bank is not just a great site. It needs to be degraded. We need to bring it back up to its natural state. So if we find a suitable mitigation
2021 Florida Mitigation Banking Workshop Proud to be a member of the Florida Association of Mitigation Bankers! Since 2008, the Florida Association of Mitigation Bankers has been working hard to promote and advance an efficient and successful private compensatory wetland and conservation marketplace that supports economic development and ecological function through the restoration of wetlands and species’ habitats throughout the State of Florida. Continued regulatory changes and industry-related threats demand a need for a strong, unified voice. FAMB stands
Wetlands are between aquatic and land-based ecosystems, temporarily or permanently submerged in water. They are the water systems in the landscape, capturing, storing and slowly releasing water. They provide habitats and refuge for up to 40% of biodiversity including vulnerable and endangered flora and fauna. They support many birds, amphibians, fish, and plant species by providing vital breeding, feeding, and nesting grounds. They also form corridors for migrating species. Healthy wetlands provide many benefits and services that far exceed those of terrestrial