Mitigation News

Army Corps Outsources Florida 404 Wetlands Permitting to Third-Party Contractor

Army Corps Outsources Florida 404 Wetlands Permitting to Third-Party Contractor In a major development for Florida’s wetlands management, the U.S. Army Corps of Engineers (USACE) is now outsourcing portions of its Section 404 permitting process to a third-party contractor, SES Energy Services LLC. This announcement comes in the wake of ongoing legal disputes surrounding the state’s ability to manage wetlands, following a court ruling that has shifted control back to the Corps. Why This Matters for Florida’s Wetlands The Section 404 permitting process

Navigating Florida’s Regulatory Turmoil: Environmental Permitting Delays Threaten Key Projects

Navigating Florida’s Regulatory Turmoil: Environmental Permitting Delays Threaten Key Projects The regulatory landscape in Florida is shifting once again, causing confusion and uncertainty for key projects across the state. A sudden change in Section 404 permitting responsibilities is at the heart of this disruption, leaving many developers and stakeholders in limbo. Back in 2020, the State of Florida took on the responsibility of implementing Section 404 of the Clean Water Act(CWA) from the U.S. Army Corps of Engineers (USACE). The

Mitigation Banking Regulation Updates: What You Need to Know for 2024

Mitigation Banking Regulation Updates: What You Need to Know for 2024   As we step into 2024, it’s crucial for stakeholders in the environmental and development sectors to stay updated on the latest changes in Florida’s mitigation banking regulations. The Florida Department of Environmental Protection (DEP) has proposed several updates to Chapter 62-342 of the Florida Administrative Code, which governs the establishment and management of mitigation banks. These updates aim to refine the rules and ensure more robust protection and restoration of

Navigating the Evolving Landscape of Wetland Mitigation Banking in 2024

Navigating the Evolving Landscape of Wetland Mitigation Banking in 2024   As we navigate the complex and ever-evolving world of wetland mitigation banking, understanding the intricacies of this field is crucial for both environmental preservation and sustainable development. In a comprehensive article by Charles Boisseau, the nuances of mitigation banking, its impact on real estate, and the challenges faced by bankers and developers in Florida are thoroughly explored. From the historical evolution of wetlands management to the current market trends and regulatory frameworks,

New Legislation Enhances Flexibility in Mitigation Banking – SB 1646 Overview

New Legislation Enhances Flexibility in Mitigation Banking – SB 1646 Overview   In an exciting development for the world of environmental conservation and restoration, a significant mitigation banking bill was filed on January 5, 2024. This new legislation is poised to transform the current landscape of mitigation banking, particularly concerning the use of out-of-basin mitigation credits. At its core, the bill focuses on providing more flexibility in the use of mitigation credits, especially when in-basin options are unavailable. This new provision is a

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