Mitigation Information

Accelerating Project Delivery Through Mitigation Banking: A 2024 Update

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

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

  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

How much does it cost to Permit a Mitigation Bank?

How much does it cost to Permit a Mitigation Bank?   The cost of permitting a mitigation bank can vary widely depending on several factors, including the size and complexity of the site, the scope of the proposed restoration activities, and the specific regulatory requirements that apply to the project. However, it is generally recognized that the cost of permitting a mitigation bank can be substantial! According to the USACE, the cost of developing a mitigation bank can range from $500,000.00-$5 Million, depending

U.S. Mitigation Bank Search

About MitigationBankSearch.com   Have you just bought a property that you were hoping to build on and found that a wetland habitat is on the property? Is a regulatory agency telling you that you will have to calculate the impacts that your development will have on the wetland and that you will have to purchase mitigation credits for those impacts? Mitigation Banking Group simplifies the process, explaining the steps to take and help you purchase those mitigation credits from the right place. These steps

Mitigation Banking Made Easy: Why You Need a Credit Broker on Your Side

Mitigation Banking Made Easy: Why You Need a Credit Broker on Your Side   Mitigation credit sales brokers play a crucial role in the industry. They connect buyers and sellers, negotiate credit sales, and ensure compliance with regulations. Whether you’re a banker, a developer, or an investor, working with a sales broker can help you. They navigate the complex processes of buying and selling credits, and  buying, selling, or starting a mitigation bank. By utilizing their knowledge and expertise, you can save time

UMAM and WRAP Scoring Guidance

UMAM and WRAP Scoring Guidance What are the determining factors to find out the quality of a wetland? UMAM SCORING GUIDANCE: THE SCORING OF EACH INDICATOR IS BASED ON WHAT WOULD BE SUITABLE FOR THE TYPE OF WETLAND OR SURFACE WATER ASSESSED Optimal (10) Condition is optimal and fully supports wetland/surface water functions Moderate (7) Condition is less than optimal, but sufficient to maintain most wetland/surface water functions Minimal (4) Minimal level of support of wetland/surface water functions Not Present (0) Condition is insufficient to provide wetland/surface water functions

Get the Lowdown on Credit Types and Mitigation Credit Classifications 

Get the Lowdown on Credit Types and Mitigation Credit Classifications    Mitigation credit types refer to the type of mitigation being used, while credit classifications refer to the level of ecological value and function provided by the mitigation site. Together, these concepts help to ensure that mitigation credits are used in a way that effectively offsets the impacts of a project while also protecting and enhancing the environment. These classifications bridge the gap between the scientific and regulatory world.

A Review of Compensatory Mitigation in Estuarine and Marine Habitats

A Review of Compensatory Mitigation in Estuarine and Marine Habitats   We are excited to share that the report has been published on EPA’s website. Desk statement: EPA developed “A Review of Compensatory Mitigation in Estuarine and Marine Habitats” to inform regulators, mitigation providers and the public about compensatory mitigation in estuarine and marine settings. The report explores four habitats: shallow water, seagrass, oysters, and tidal flats (mudflats); it describes each of the habitats’ importance and provides examples of mitigation and

Navigating Mitigation Banking for Development Projects

Navigating Mitigation Banking for Development Projects About MitigationBankSearch.com Have you just bought a property that you were hoping to build on and found that a wetland habitat is on the property? Is a regulatory agency telling you that you will have to calculate the impacts that your development will have on the wetland and that you will have to purchase mitigation credits for those impacts? Mitigation Banking Group simplifies the process, explaining the steps to take and help you purchase those

Proximity Factor Tool – Out of Basin Compensatory Mitigation

Proximity Factor Tool – Out of Basin Compensatory Mitigation The proximity factor tool is utilized to determine the amount of compensatory mitigation required to offset unavoidable impacts to waters of the United States in areas outside the impact 8-digit Hydrologic Unit Code (HUC), ecoregion, or approved mitigation bank and in-lieu fee service areas, etc. The use of an out-of-basin mitigation bank may be considered if there are no federal credits available within the basin/HUC. A mitigation bank’s MBI must contain language that states