Rumors and hearsay may sometimes dominate an industry. Some may quote studies or stats unsupported by data. Ongoing lack of market transparency means increased risk for investors. Projects run forward in unquantified markets. How do we avoid all of this? Two words - Big Data.
NEBA's Michael Sprague and Lisa Marr recently presented the Annual State of the Mitigation Markets at the National Mitigation and Ecosystem Banking Conference. Using charts, graphs and maps reduced from some 45 million data points, the 60-minute conference session also featured representatives of the U.S. Army Corps of Engineers and the U.S. Fish & Wildlife Service.
The National Environmental Banking Association (NEBA) is a professional organization focused on integrity, transparency, and accountability, promoting the highest standards in the environmental banking industry. Its members include mitigation banking professionals, industry vendors, and government officials, ensuring cost-effective outreach and support. Joining NEBA benefits you and your business, helping to grow the industry and improve
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According to US Army Corps of Engineers (USACE) data, there are more than 8 million Advance Mitigation Credits sitting on the ledgers of the many dozens of In-Lieu Fee (ILF) Programs across the United States today, nearly all of which are exempt from any financial assurance that the mitigation projects will actually be performed.
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