As environmental bankers well know, the sheer volume of environmental data available is overwhelming. Couple that with the fact that vital mitigation industry data exists in multiple databases, and generally without the advantage of solid analytics or support. This responsive, portable, platform crunching tens of millions of datapoints for very specific projects is a solution that was developed by industry - for industry.
“We have been working closely with Esri to tailor v6.0 of the platform for improved navigation and versatility in support of holistic environmental resource conservation, restoration and management,” said Michael Sprague, product developer and CEO of Trout Headwaters, Inc (THI). "With good data flows the power to make good decisions. Environmental data, analysis, and visualization continue to be a prime focus of our work to enable and expand the restoration industry," he said.
The mitigation banking industry is at a pivotal moment. Regulatory shifts, evolving interpretations of the 2008 Mitigation Rule, and increasing pressure from alternative mitigation programs are reshaping the landscape. In this environment, a unified voice is not just beneficial—it’s essential. That’s where membership in the National Environmental Banking Association (NEBA) makes a difference.
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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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