What is the environmentalists view of Mitigation Banking? And are they amicable to working with developers on these goals?
Some environmentalists applaud the development of wetland banks because they allow the creation of high quality wetland habitats in a proper landscape position, with high levels of planning, regulatory supervision, and financial assurances. On the other hand, many other environmental groups have a negative opinion of banks because they believe that this is “checkbook” mitigation, as it allows developers to obtain permits for impacts to wetland resources simply by paying for it – a much less onerous process than doing it project-by-project. So, some environmentalists are extremely amicable to working with developers to create high-quality wetlands and others are not.
Related Questions
- Does the purchase of wetland mitigation banking credits from Conservation Resources relieves developers or landowners of any responsibility to provide mitigation?
- Does the purchase of wetland mitigation banking credits from Conservation Resources relieve developers or landowners of any responsibility to provide mitigation?
- Why is it not possible, that two developers working on different hosts in the network check out the same developmentline from their host and commit changes on it?
