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
The Passing of a Legend: Les Alderman With heavy hearts, we announce the death of Leslie (Les) David Alderman Jr. (Fort Myers, Florida), who passed away on March 16, 2023 at the age of 78. Les was a pioneer for the protection of Panthers in Southwest Florida, and paved a way to restore thousands of acres for panther habitat. He was a sweet soul who always asked about the family! Last year, he discovered that he had a brain tumor; and the
Mitigation Banking Legislative Update – March 2023 HB 1167 has been filed; and a Senate companion to HB 1167 has been filed – SB 1702. This bill will allow FDEP or a water management district to release state credits from a mitigation bank before the banks mets the mitigation success criteria specified in the bank’s permit when (a) mitigation credits are not available in sufficient quantities to be sold or used to offset imminent and otherwise allowable adverse impacts within a mitigation service
Barberville Mitigation Bank In partnership with the County of Volusia, The Mitigation Banking Group, Inc. has been awarded the exclusive representation for the mitigation bank credit sales. The Barberville Mitigation Bank was permitted in 1996 by the St. Johns River Water Management District and the U.S. Army Corps of Engineers. The 1,083.29 acres is conserved & restored land that will forever be conservation and managed in perpetuity. The property provides to be the missing link to connect wildlife to the Lake Woodruff
SOS for Florida’s wetlands: Time is running out for government action Will Florida’s wetland regulations return the Clean Water Act Section 404 permitting program back to the federal government due to the state’s lack of resources, familiarity, or political will to adequately tackle the more than 5,000 permit applications? https://www.floridatoday.com/story/opinion/2022/06/11/rescue-wetlands-return-states-permit-program-feds-opinion/7575527001/ “There have been editorials written urging Gov. Ron DeSantis to rescue Florida’s wetlands by returning the Clean Water Act section 404 permitting program to the federal government. They cite the state’s lack of resources, familiarity,
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
Last year, Florida’s governor, signed an agreement with the US Army Corps of Engineers to build a massive $3.4bn reservoir west of Palm Beach, which would help restore the flow of freshwater to the Everglades. The goal is to restore the flow and treat dirty water from Lake Okeechobee so that by the time it reaches the Everglades, the water is mostly free of the nutrients that cause toxic algae blooms. Construction is underway to create a network of marshes spanning
Join Us on This Upcoming Webinar to Discuss The Future of Wetland Mitigation Banking March 17th, 2021, 12:30 – 1:30 pm ET In this webinar, we will dive into the current state of affairs around wetland mitigation banking and respective policy with bankers, consultants, and policymakers. We will also introduce how some bankers, regulators, and consultants are leveraging technology to reduce risk and increase resiliency in due diligence planning, bank design, implementation, and monitoring. Moderators: Jeremy Schewe PWS, Chief Scientific Officer, Ecobot
