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 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 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
Explore how the Energy and Water Development Appropriation Act 2024 influences mitigation banking. Learn how Congress is urging the U.S. Army Corps of Engineers to enhance efficiency in credit releases.
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 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
Join The Mitigation Banking Group in fostering a sustainable future for Florida’s landscapes. Discover our quest for partners in mitigation banking, from active site managers to investors. Let’s collaborate for ecological and economic balance.
Discover key insights into the mitigation bank approval process in our latest joint report with EPIC. The Phase II analysis reveals bottlenecks and provides actionable recommendations to streamline approvals. In-depth interviews with 19 mitigation bank sponsors included.
In this latest blog post by Victoria Bruce, CEO of Mitigation Banking Group, Inc., discover how the revised WOTUS rules are shaping the mitigation banking landscape. Learn why these changes may benefit landowners and the industry as a whole.
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
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