In response to continued U.S. Congressional oversight, the Assistant Secretary of the Army, Civil Works Michael Connor issued a September 2024 memorandum "Improving U.S. Army Corps of Engineers Timeline Compliance with the 2008 Compensatory Mitigation Rule," to Headquarters(HQ) for USACE for immediate implementation.
Regulatory Chief Jennifer Moyer, U.S. Army Corps of Engineers has now released guidance to Corps Divisions and Districts in an effort to comply with the regulatory review timeline contained in the 2008 Mitigation Rule.
Read: Principles of Delivery for Mitigation Bank Decisions
As all in our industry are aware and Corps public data shows - approvals for mitigation banks and credit releases are invariably slow, inefficient, and often difficult. Some Mitigation Bank Instruments (MBIs) have been in agency review for as long as 10 years before receiving an approval to go-ahead with the bank's intended environmental restoration project.
Quoting the HQ guidance:
"From a project management perspective, the review and decision-making processes for a proposed mitigation bank is a “project” in the same general sense that the review and decision-making processes for a standard individual permit application is a 'project.' Given the similarities between the processes for reviewing proposed mitigation banks and reviewing applications for standard individual permits, Corps district project managers (PMs) should apply the same project management principles and practices used for standard individual permit reviews in their reviews of proposed mitigation banks."
Mitigation banking is often discussed in terms of credits—wetland credits, stream credits, or other units used to compensate for unavoidable environmental impacts. But the value of a mitigation bank extends far beyond the regulatory credit itself. Well-designed mitigation banks can provide a broad range of ecosystem services that benefit watersheds, wildlife, communities, and taxpayers.Cleaner Water •
Read MoreThe National Environmental Banking Association is proud to honor this year’s award recipients—leaders who exemplify innovation, integrity, and excellence in advancing mitigation banking and ecological restoration. These individuals and organizations are setting new standards for environmental outcomes, strengthening partnerships between the public and private sectors, and inspiring the next generation of restoration professionals.2026 Award WinnersAward for
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