Our Blog

Process of Determining Mitigation Credit Need

Aug24

Process of Determining Mitigation Credit Need Depending on the acreage/square feet to be impacted; as well as the quality of the wetland to be impacted, will determine how many credits are needed. An analysis will be performed by an environmental consultant to seek if the condition of the wetland to be disturbed is insufficient, has minimal level of support, less than optional, or fully supports wetland & surface water functions (0-10). For example, let’s say you have 1 acre of low quality

Read more

Clean Water Act in Florida

Aug23

Clean Water Act in Florida The recent ruling by the U.S. Supreme Court in Sackett v. EPA has sparked concerns about the future of wetlands protection in Tampa Bay, Florida. This decision redefines the scope of protected wetlands under the Clean Water Act, with isolated wetlands now exempt from federal protection. We explore what this decision means for Florida’s environment and the stance of various stakeholders, drawing insights from the original article by Jack Prator from the Tampa Bay

Read more

National Wetland Inventory

Aug23

National Wetland Inventory   Wetlands are vital resources for habitat and water quality. To protect them for future generations, the state and federal agencies requires people who plan to remove or add material to wetlands (or waterways) to get a permit. But how do we determine if a patch of land is a wetland? The National Wetlands Inventory (https://fwsprimary.wim.usgs.gov/wetlands/apps/wetlands-mapper/) is the best place to start for approximating where wetlands might be located. However, sometimes onsite assessment by a qualified wetland professional is

Read more

Wedgefield Florida Mitigation Credits

Aug11

Wedgefield Florida Mitigation Credits   Wetlands are within many of the parcels of the Wedgefield Neighborhood.  If one is to encroach into a wetland area (dredge or fill activities), Florida Department of Environmental Protection and Orange County Permits (and mitigation credits to compensate for the functional loss) will be required for wetland impacts.   Wedgefield is located in the Econ Basin, therefore, you need to purchase mitigation credits from TM Econ Mitigation Bank. Mitigation Bank pricing is approx. $125,000.00/credit.   Depending on the quality (chart below)

Read more

Reserving and Purchasing Mitigation Bank Credits: A Simple and Stress-Free Guide

Aug02

Reserving and Purchasing Mitigation Bank Credits: A Simple and Stress-Free Guide   The environmental landscape can often be complicated, but when it comes to reserving and purchasing mitigation bank credits, the process should be anything but that. With strategic planning and understanding, you can simplify this process and make it stress-free.   Reservation Process: Step-by-Step Sign a Mitigation Credit Agreement: Initially, you’ll need to sign a mitigation credit agreement and provide a 10% deposit of your purchase price. Get a Reservation Letter: Next, we will issue

Read more

Accelerating Project Delivery Through Mitigation Banking: A 2024 Update

Jul07

Mitigation Banking Industry Insights: U.S. House of Representatives Encourages Streamlined Approval of Bank Credits   Last week saw significant developments in the mitigation banking industry as the full Appropriations Committee approved the U.S. House of Representatives FY2024 Energy & Water Development Appropriations Report. A notable section of the report underlines the potential of mitigation banks to expedite project delivery.   Highlighting the Potential of Mitigation Banks According to the approved language in the report, the Committee acknowledges the promise mitigation banks hold for accelerating project

Read more

Understanding the Value of Ecosystem Services: Functions, Services, and Valuation Methods

Jun16

  In many ways, the mitigation banking industry is one of the first environmental markets, as well as one of the pioneers of offsetting and ecosystem valuation. Looking at how we have done it gives a foundation from where things will grow. As the oldest environmental market in the United States, our methods for environmental valuation is a good place to start that understanding.    We used to get rid of wetlands, what changed? Our understanding of the importance of

Read more

MBG Blog: FAEP & CFAEP Hydric Soils Training Workshop

May19

MBG Blog: FAEP & CFAEP Hydric Soils Training Workshop Recently, I had the privilege of participating in the CFAEP Hydric Soils Training workshop organized by the Central Florida Association of Environmental Professionals. This comprehensive workshop aimed to enhance our understanding of hydric soils and their significance in environmental conservation. Through engaging sessions, hands-on activities, and a rewarding field trip, we gained valuable insights into identifying, classifying, and assessing hydric soils. The workshop, led by experienced professionals, provided a conducive

Read more