The Department of Interior (DOI) has announced it will take actions in the next several weeks to "align DOI into twelve unified regional boundaries" in its effort to reorganize the Department. "We are not reprogramming funds or making other specific organizational changes in the bureaus at this time. The Department does not anticipate mission, budget, or personnel impacts as the twelve new unified regions stand up virtually and begin operation," according to the Department's announcement.
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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.
Read MoreAccording 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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