According to analysis of ORM2 data received under FOIA from the U.S. Army Corps of Engineers, those seeking environmental permits are best to use Mitigation Banks in answering the need for mitigation. Purchasing credits from a Mitigation Bank cuts permitting time in half when considering other forms of offset.
This new analysis from the National Environmental Banking Association (NEBA) shows that undertaking permittee-responsible mitigation is by contrast the slowest option for obtaining most permits required when compensating for unavoidable losses under Section 404 of the Clean Water Act.
Learn More about all the benefits of Mitigation Banking for private industry by Contacting NEBA.
The National Environmental Banking Association (NEBA) stands as the leading national voice for the environmental and mitigation banking industry in the United States. Formed to represent professionals and companies engaged in mitigation, conservation, and environmental credit markets, NEBA advocates for market-based solutions that deliver measurable, science-driven ecological outcomes. At its core, NEBA supports the
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The National Environmental Banking Association (NEBA) recently submitted formal comments to the U.S. Environmental Protection Agency regarding the proposed update to the definition of Waters of the United States (WOTUS). These comments reflect NEBA’s continued commitment to regulatory clarity, consistency, and workable implementation for mitigation bankers, landowners, and project sponsors nationwide. In its submission,
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