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"No Net loss" is the United States government's overall policy goal regarding wetlands preservation. The goal of the policy is to balance wetland loss due to economic development with wetlands reclamation, mitigation, and restorations efforts, so that the total acreage of wetlands in the country does not decrease, but remains constant or increases.
It supported off-site wetland mitigation in which a permittee purchases mitigation credits from a third-party mitigation bank. This entity, private, governmental, or non-governmental, promotes the no-net-loss policy by restoring or creating an area of wetland into a mitigation bank and selling compensatory mitigation credits to permittees.
The idea of "no net loss" emerged in the United States as a goal for applying environmental mitigation measures (such as mitigation banking) to wetland conservation. [15] This was motivated by the historic and ongoing loss of wetlands - over half of the original wetlands in the lower 48 states have been lost.
However, under section 7(a)(2) for Federal Agencies, and under section 10(a) for private parties, a take may be permissible for unavoidable impacts if there are conservation mitigation measures for the affected species or habitat. [3] Purchasing “credits” through a conservation bank is one such mitigation measure to remedy the loss. [1]
Biodiversity banks and the credits that are generated from them rely on regulations and legal frameworks. When establishing a biodiversity bank, a legal arrangement, such as a conservation easement (also known as a conservation covenant) might be required to set aside the land for conservation and prevent the use of the land for development, either in perpetuity or for a specified time period ...
The Wetland Reserve Program (WRP) funds landowners that volunteer their land for wetland development and provides opportunities for landowners participate in the maintenance of the project. The land must meet specific requirement to receive funding and the program is set up for each state in the United States.
On the 21st day of Texas A&M University-Corpus Christi student Caleb Harris' disappearance, search and rescue crews deepened their search of the Oso Bay Wetlands Preserve for the missing New ...
Coastal Prairie Conservancy was established in 1992 to conserve Katy Prairie, part of the Western Gulf coastal grasslands located in Texas, United States. Approximately 24,500 acres is under conservation easements or owned by CPC in western Harris and Waller Counties. [1]