Why are some in government and industry attempting to redefine what a credit is after 30 years of proven success in the Mitigation Banking Industry.
Mitigation Banking and mitigation banking credits created under Section 404 of the Clean Water Act provide long-proven examples of creating high-quality ecological offsets for resources damaged unavoidably by development.
If we look at the recent plight of the voluntary carbon credit market you will see a prime example of ‘fast and cheap’ credits that threaten our industry.
The demand for voluntary carbon offset credits has now stalled following widespread doubts that the credits served to reduce emissions, according to Reuters News.
NEBA, The Trusted Voice of the Mitigation Banking Industry, address this in a resent post outlining the efforts by those who wish to undermine the quality of environmental credits.
The risk of 'fast and cheap' credits and the 'race to the bottom' is real and threatens our important environmental industry.
Help NEBA fight to keep our industry pure and successful. Join us to fight back!
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 when permitted
Read MoreFor 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 This mindset is not only outdated—it is actively harmful to both outcomes.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 that well-functioning
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