A cascade of resignations from The Nature Conservancy (TNC), including its four top executives; CEO Mark Tercek, President Brian McPeek, North American operations chief Mark Burget, and Global Programs head Kacky Andrews, has begun following on reports and investigations about a toxic workplace culture that reportedly stretched well beyond its D.C.-area headquarters.
With $1.3 billion in revenues last year and assets of more than $6.5 billion, the conservancy has seen recent resignations and position eliminations stretching from Martha’s Vineyard to Florida and beyond. And, in a move to stabilize the faltering behemoth, former Obama administration Interior Secretary Sally Jewell who has been on the board of The Nature Conservancy since May 2018, has been tapped to take the organization’s helm starting on September 3.
Jewell plans to immediately begin outreach to donors, local chapters, trustees and leadership in an effort to regain the conservancy’s footing. >More via POLITICO
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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