NEBA Chairwoman Donna Collier has recently joined the steering committee assembled by the U.S. Environmental Protection (USEPA) to produce workbooks and associated review worksheets to aide Inter-Agency Review Team (IRT) members in their efficient review and processing of Mitigation Banking Instruments and In-Lieu Fee Agreements.
This steering committee includes federal agencies, state agencies and industry representatives. Collier and other members are providing guidance and quality assurance/oversight along with reviews for the workbook and worksheet deliverables. Materials are expected to be complete in Spring/Summer of 2021.
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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