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National Wetland Mitigation Banking Study

Author : Robert Brumbaugh
Publisher :
Page : 100 pages
File Size : 18,1 MB
Release : 1994
Category : Wetland conservation
ISBN :

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"Describes the accomplishments during phase one of the two phase National Wetland Mitigation Banking Study authorized by Section 307(d) of the Water Resources Development Act of 1990"--P. 1.

National Wetland Mitigation Banking Study Wetland Mitigation Banking

Author : Environmental Law Institute
Publisher :
Page : 198 pages
File Size : 26,58 MB
Release : 1994
Category : Water resources development
ISBN :

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This document reports wetland mitigation banking experience to date. The Environmental Law Institute conducted an inventory of banks that supplemented information gathered as part of the National Wetlands Mitigation Banking Study conducted by the Corps of Engineers Institute for Water Resources (IWR). Additional information was gathered by IWR in a detailed study of selected banks. Wetland mitigation banking offers the potential for restoration and conservation of ecologically meaningful and robust wetland systems, planning on a landscape scale, and the harnessing of entrepreneurial as well as public funding to the task of wetland compensation. It provides practical advantages in monitoring and management of compensatory wetlands. Like other forms of compensatory mitigation, it presupposes a wetland policy that continues to allow the lawful destruction of certain natural wetlands. Its potential utility must be measured not in comparison with a ban on wetland conversions, but on whether it can improve upon current compensatory methods. It appears that it can.

National Wetland Mitigation Banking Study Wetland Mitigation Banking

Author :
Publisher :
Page : 187 pages
File Size : 31,32 MB
Release : 1994
Category :
ISBN :

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This document reports wetland mitigation banking experience to date. The Environmental Law Institute conducted an inventory of banks that supplemented information gathered as part of the National Wetlands Mitigation Banking Study conducted by the Corps of Engineers Institute for Water Resources (IWR). Additional information was gathered by IWR in a detailed study of selected banks. Wetland mitigation banking offers the potential for restoration and conservation of ecologically meaningful and robust wetland systems, planning on a landscape scale, and the harnessing of entrepreneurial as well as public funding to the task of wetland compensation. It provides practical advantages in monitoring and management of compensatory wetlands. Like other forms of compensatory mitigation, it presupposes a wetland policy that continues to allow the lawful destruction of certain natural wetlands. Its potential utility must be measured not in comparison with a ban on wetland conversions, but on whether it can improve upon current compensatory methods. It appears that it can.

National Wetland Mitigation Banking Study. Commercial Wetland Mitigation Credit Markets: Theory and Practice

Author :
Publisher :
Page : 103 pages
File Size : 10,15 MB
Release : 1995
Category :
ISBN :

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The primary Federal regulatory program governing wetlands is authorized by Section 404 of the Clean Water Act. Similarly structured state and local permit programs also exist. In most instances, wetlands permitting is, by formal regulation, expected to follow a mitigation 'sequence' where the applicant for a permit must first show that the proposed activity has been designed to avoid wetlands to the maximum extent. If avoidance is not possible, then the minimization of filling must be achieved. Finally, if a permit is granted, compensation by restoration of degraded wetlands or by creation of wetlands from uplands is required on-site (as close as possible to the permitted activity). Also, the same kind of wetland is to be provided. At times, permittees have been allowed to compensate by developing a single off-site compensation project when on-site possibilities for wetlands construction or restoration are limited. Some permit applicants, who expect to initiate several future projects requiring mitigation, have been allowed to meet these requirements by been allowed to meet these requirements by developing one large off-site mitigation project. This is the general definition of a 'single-user' wetland mitigation bank (or a 'joint-project' bank, if the bank is developed and used jointly by more than one sponsor). However, most permit applicants have only one or a few prospective projects of too small a size to warrant developing a single user bank. In such cases, permit applicants could potentially satisfy their mitigation requirements by purchasing mitigation credits (some measure of wetland function and area) from a commercial credit supply venture (e.g., a commercial mitigation bank).

National Wetland Mitigation Banking Study: First Phase Report. Phase 1

Author :
Publisher :
Page : 98 pages
File Size : 24,95 MB
Release : 1994
Category :
ISBN :

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This interim report presents the accomplishments during phase one of the two phase National Wetland Mitigation Banking Study being conducted by the U.S. Army Engineers Institute for Water Resources. This report presents results of a nation wide inventory of existing and proposed banks; detailed study and analysis of selected banks; analysis of fee-based compensatory mitigation alternatives; examination of the concept of private commercial banking; exploration of potentials for banking within a watershed planning framework; evaluation of potential to contribute to national wetland goals, evaluation of application of banking to Corps of Engineers programs; and recommendations for the next study phase. Existing banks represent a variety of institutional arrangements, although single-client banks sponsored by state departments of transportation are the most common. When examined individually, many banks seem to have deficiencies. However, despite these deficiencies, the majority are generally functioning as planned or have expectations to function. With few and mostly very recent exceptions, banks have not incorporated market-based mechanisms.