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.
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.
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
Read More