NEW STREAM CREDITS AVAILABLE!
September 4, 2008
Please check the service areas of our newly permitted Applewood and East Swift Creek Banks!
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Applewood Mitigation Bank
September 4, 2008
MRG is excited to announce the opening of the Applewood Mitigation Bank located in the Etowah Basin. This is the 9th mitigation bank permitted by MRG in the State of Georgia. The bank has been approved by the U.S. Army Corps of Engineers to provide compensatory mitigation for unavoidable impacts to waters of the United States through stream credit sales. Please click MAP for the Primary and Secondary Service Areas associated with the Applewood Mitigation Bank.
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Swift Creek Mitigation Bank Approved
September 4, 2008
MRG is excited to announce the opening of the East Swift Creek Mitigation Bank located in the Upper Flint Basin. This is the 8th mitigation bank permitted by MRG in the State of Georgia with one more planned to follow this year. The bank has been approved by the U.S. Army Corps of Engineers to provide compensatory mitigation for unavoidable impacts to waters of the United States through stream credit sales. Please click MAP for the Primary and Secondary Service Areas associated with the East Swift Creek Mitigation Bank.
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Wehadkee Farm Mitigation Bank Approved
May 6, 2008
Mitigation Resource Group is excited to announce the opening of the Wehadkee Farm Mitigation Bank. This is the 7th mitigation bank permitted by MRG in the State of Georgia with four more to follow this year. The bank has been approved by the U.S. Army Corps of Engineers to provide compensatory mitigation for unavoidable impacts to waters of the United States through stream credit sales. Please click MAP for the Primary and Secondary Service Areas associated with the Wehadkee Farm Mitigation Bank.
Click Wehadkee Farm Mitigation Bank for more information about the Mitigation Bank.
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Wauka Mountain Approval
April 15, 2008
Mitigation Resource Group is excited to announce the opening of the Wauka Mountain Stream Mitigation Bank. This is the 6th mitigation bank permitted by MRG in the State of Georgia with several more to follow. The bank has been approved by the U.S. Army Corps of Engineers to provide compensatory mitigation for unavoidable impacts to waters of the United States through stream credit sales. Please click MAP for the Primary and Secondary Service Areas associated with the Wauka Mountain Stream Mitigation Bank.
Click Wauka Mountain for more information about the Mitigation Bank.
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NEW MITIGATION GUIDELINES
April 1, 2008
On March 31, 2008, EPA and the U.S. Army Corps of Engineers issued revised regulations governing compensatory mitigation for authorized impacts to wetlands, streams, and other waters of the U.S. under Section 404 of the Clean Water Act. These regulations are designed to improve the effectiveness of compensatory mitigation to replace lost aquatic resource functions and area, expand public participation in compensatory mitigation decision making, and increase the efficiency and predictability of the mitigation project review process.
Benefits of the compensatory mitigation rule include:
- Fostering greater predictability, increased transparency and improved performance of compensatory mitigation projects
- Establishing equivalent standards for all forms of mitigation
- Responding to recommendations of the National Research Council to improve the success of wetland restoration and replacement projects
- Setting clear science-based and results-oriented standards nationwide while allowing for regional variations
- Increasing and expanding public participation
- Encouraging watershed-based decisions
- Emphasizing the “mitigation sequence” requiring that proposed projects avoid and minimize potential impacts to wetlands and streams before proceeding to compensatory mitigation
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Hogansville Approval
April 1, 2008
Mitigation Resource Group is excited to announce the opening of the Hogansville Stream Mitigation Bank. This is the 5th mitigation bank permitted by MRG in the State of Georgia with several more to follow. The bank has been approved by the U.S. Army Corps of Engineers to provide compensatory mitigation for unavoidable impacts to waters of the United States through stream credit sales. Please click MAP for the Primary and Secondary Service Areas associated with the Hogansville Stream Mitigation Bank.
Click HOGANSVILLE for more information about the Mitigation Bank.
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Biodiversity Banking: A Primer
April 1, 2008
by Ricardo Bayon, EKO Asset Management
Mitigation Banking makes it possible for real estate developers to turn biodiversity into an asset instead of a liability – which ultimately makes it possible to preserve that biodiversity across the United States. But how do such mechanisms work? And what challenges do they face? The Worldwatch Institute’s 2008 State of the World Report tackles these and other issues – excerpted here in Ecosystem Marketplace.
Note: This article has been adapted from Chapter 9 of the 2008 State of the World: Innovations for a Sustainable Economy. For the sake of brevity, footnotes and sidebars have been eliminated. View the article in its entirety (pdf), or visit the Worldwatch Institute’s State of the World web site.
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Mitigation of Impacts to Fish and Wildlife Habitat
April 1, 2008
www.EcosystemMarketplace.com
Estimating Costs and Identifying Opportunities
Every year, human activities cause significant – but often unaccounted – harm to fish and wildlife habitat and the environment. Now a new report from the Environmental Law Institute examines laws and programs that can require monetary or in-kind compensation for these impacts.
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The Thin Wet Line: Local and Global Ecosystem Markets
April 1, 2008
by Bobby Cochran, Clean Water Services
Carbon markets are off to the races around the globe, and wetland mitigation banking has shown it can deliver value in local cases. How do we take lessons from both worlds? How do we balance commoditizing ecosystem services with the reality that local people care deeply about these natural resources they depend on? For ecosystem service markets to move beyond a cheaper way to deliver regulatory compliance and drive us toward sustainability, they must become an integrated part of a larger ecosystem services arena. Bobby Cochran of Oregon’s Clean Water Services examines this issue through the lens of wetland mitigation banks.
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