John Paul Woodley, former Assistant Secretary of the Army (Civil Works) talks about the goals and the intent of the 2008 Final Mitigation Rule (The Rule) with National Environmental Banking Association (NEBA) Chairwoman Donna Collier in this just released interview.
As the man who enacted The Rule on behalf of the Agency, this enlightening talk explores Inter-Agency Review Teams (IRTs), the Mitigation Hierarchy and other topics. "I consider the hierarchy to be the heart and soul of the Mitigation Rule" he says. "That's because the hierarchy is meant to foster the use of mitigation banks."
The National Environmental Banking Association (NEBA) is a professional organization focused on integrity, transparency, and accountability, promoting the highest standards in the environmental banking industry. Its members include mitigation banking professionals, industry vendors, and government officials, ensuring cost-effective outreach and support. Joining NEBA benefits you and your business, helping to grow the industry and improve
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According 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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