This important NEW whitepaper explores the benefits of mitigation and conservation banking - the most successful environmental restoration programs in history. The National Environmental Banking Association (NEBA) considers these many benefits key to understanding the values of banking over other forms of environmental offsets for unavoidable impacts to natural resources.
The whitepaper was co-authored by NEBA Board Members Donna Collier, Doug Bruggeman and Michael Sprague as well as former Assistant Secretary of the Army (Civil Works) John Paul Woodley, who enacted the 2008 Mitigation Rule while serving the office under then-President George W. Bush.
Studies have shown that advance compensation projects, most commonly mitigation and conservation banks, are consistently the most efficient means for enabling compliance. Learn why in this new report.
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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