According to the Associated Press, developers would be able to build in wetlands more cheaply and quickly if three bills in the Oregon Legislature are approved. The legislation would reduce the amount of wetland mitigation required in some cases, streamline the permitting process and create a pilot program to create a local mitigation bank, the Statesman Journal reported. >Read More
State programs are an increasing cause for concern as they enter the mitigation space many times without a clear understanding for the mitigation industry and how it enables streamlined permitting. The issues with state mitigation programs may range from direct regulatory conflicts of interest, to developers being forced to meet differing or incompatible state and federal requirements, to excessive damages to our environment. >See Why Environmental Banking is Best
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
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For 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 This mindset is not only outdated—it is actively harmful to both outcomes.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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