Mitigation Banking

 

Mitigation banks for wetlands and conservation banks for protected species are habitats with documented resource values that are authorized to sell mitigation/conservation credits to developers and others obligated to offset environmental impacts from their projects or operations.  Developing a mitigation bank or a conservation bank and getting it approved is a process that involves meticulous attention to detail, negotiation with a consortium of regulatory agencies, and the willingness of the mitigation site owner to place the property in a conservation easement that requires in-perpetuity use of the property for conservation purposes.

 

HBG has obtained approval for banks currently selling mitigation credits for wetlands and special status species, and is involved in their management and operation. 

 

 

Representative Services

 

Conducting bank site feasibility analyses

 

Implementing bank site biological studies, wetlands/waters delineations, and botanical surveys

 

Preparing bank prospectuses and Bank Enabling Instruments, including long-term management plans

 

Developing a permitting strategy and working on our clients’ behalf with regulatory agencies to obtain approvals

 

Providing monitoring and land management services, including coordination with the property owner and conservation easement grantee