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."
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.
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The 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
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