Major General Scott A. Spellmon has issued new guidance regarding Mitigation Bank Credit Release Schedules and Equivalency in Mitigation Bank and In-Lieu Fee Program Service Areas, addressing head-on two areas of historic concern for members of the Environmental Banking Industry. The new guidance for USACE District Engineers applies to mitigation banks and in-lieu fee programs not yet approved, and allows for sponsors of already approved projects to amend their existing mitigation banking instruments.
The National Environmental Banking Association (NEBA) stands as the leading national voice for the environmental and mitigation banking industry in the United States. Formed to represent professionals and companies engaged in mitigation, conservation, and environmental credit markets, NEBA advocates for market-based solutions that deliver measurable, science-driven ecological outcomes. At its core, NEBA supports the
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The National Environmental Banking Association (NEBA) recently submitted formal comments to the U.S. Environmental Protection Agency regarding the proposed update to the definition of Waters of the United States (WOTUS). These comments reflect NEBA’s continued commitment to regulatory clarity, consistency, and workable implementation for mitigation bankers, landowners, and project sponsors nationwide. In its submission,
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