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.
Watch 2020 Status & Trends - The State of the Mitigation Banking Markets
A newly released Government Accountability Office (GAO) report is shining a spotlight on a concern many in the mitigation banking industry have raised for years: inconsistent implementation of the federal compensatory mitigation program across U.S. Army Corps of Engineers districts. Under Section 404 of the Clean Water Act, the Corps requires compensatory mitigation
Read MoreFor too long, environmental policy debates have been framed around a false and unproductive premise: that economic growth and environmental protection are inherently at odds. This mindset is not only outdated—it is actively harmful to both outcomes. Mitigation banking offers a clear path forward. By design, it aligns economic incentives with ecological restoration, proving
Read More