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.
A newly released Government Accountability Office (GAO) report is shining a spotlight on a concern many in the mitigation banking industry have raised for years: inconsistent implementation of the federal compensatory mitigation program across U.S. Army Corps of Engineers districts. Under Section 404 of the Clean Water Act, the Corps requires compensatory mitigation
Read MoreFor too long, environmental policy debates have been framed around a false and unproductive premise: that economic growth and environmental protection are inherently at odds. This mindset is not only outdated—it is actively harmful to both outcomes. Mitigation banking offers a clear path forward. By design, it aligns economic incentives with ecological restoration, proving
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