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Mitigation Banking:

Theory And Practice
Description
Table of
Contents
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Under the Clean Water Act, development that results in the permanent destruction of wetlands must, in most cases, be mitigated by the creation of a new wetland or the restoration of a degraded one. In recent years, the concept of ""mitigation banking"" has emerged. Rather than require developers to create and maintain wetlands on their own on a quid pro quo basis, mitigation banking allows them to pay for wetlands that have been created and maintained properly by others to compensate for their damage.The contributors to this volume provide an overview of mitigation banking experience in the United States, examine the key issues and concerns -- from providing assurances to determining the value of credits -- and describe the practice of developing and operating a mitigation bank. Topics include: history and current experience of mitigation banking policies and concerns of local, state, and federal agencies economics of mitigation banking funding, management, and operation of banks starting a mitigation bank
Glossary
Foreword
 
Chapter 1. Introduction and Overview
Chapter 2. Structure and Experience of Wetland Mitigation Banks
Chapter 3. Federal Wetland Mitigation Policies
Chapter 4. State Mitigation Banking Programs: The Florida Experience
Chapter 5. Point/counterpoint: Two Perspectives on Mitigation Banking
Chapter 6. Wetland Mitigation Banking Markets
Chapter 7. Legal Considerations
Chapter 8. Wetland Mitigation Banking and Watershed Planning
Chapter 9. The Practice of Mitigation Banking
 
Conclusion
Case Study 1: Millhaven Mitigation Bank
Case Study 2: Florida Wetlands Bank
Case Study 3: The Coachella Valley Fringe-toed Lizard
Case Study 4: Riverside County Habitat Conservation Plan
Case Study 5: West Eugene Wetlands Bank
Case Study 6: San Marcos Creek Special Area Management Plan
Case Study 7: San Joaquin Marsh Small Area Mitigation Site
Case Study 8: Aliso Creek Wildlife Habitat Enhancement Project
Appendix: Federal Guidance for the Establishment, Use, and Operation of Mitigation Banks
Bibliography
Index
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