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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.
The public interest is served when enforcement agencies require more habitat as mitigation, often referred to as a mitigation ratio, than is adversely impacted by management or development of nearby acreage. [7] Wetland Mitigation Credits do not convey any interest in the real estate that hosts the mitigation bank.
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.
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 ...
No wetlands excluded, in which wetlands were not omitted from federal protections for being too dry: Between 8 and 19% of NC wetlands lose protection, ranging from 285,200 to 676,7000 acres.
In the United States, compensatory mitigation is a commonly used form of environmental mitigation and, for some projects, it is legally required under the Clean Water Act 1972. Compensatory mitigation is defined by the US Department of Agriculture as "measures to restore, create, enhance, and preserve wetlands to offset unavoidable adverse ...
Conservation banking is derived from wetland mitigation banks that were created in the early 1990s. Through Federal agency efforts, mitigation banks were created to focus on preserving wetlands, streams, and other aquatic habitats or resources and offered compensatory mitigation credits to offset unavoidable effects on the habitats or resources ...
The term nature-based solutions was put forward by practitioners in the late 2000s. At that time it was used by international organisations such as the International Union for Conservation of Nature and the World Bank in the context of finding new solutions to mitigate and adapt to climate change effects by working with natural ecosystems rather than relying purely on engineering interventions.