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How does Mitigation Banking work?

April 26, 2017Banking mitigation

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How does Mitigation Banking work?

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Mitigation Banks may be created by landowners, corporations, government agencies, or non-profit organizations. Before a bank can be permitted and approved for credit sales, federal and state regulatory agencies form a Mitigation Banking Review Team (MBRT). The MBRT reviews and approves plans for construction, maintenance, and monitoring of the bank along with the amount of credits that may be earned by the Banker.