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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.
Wisconsin is home to an estimated 6 million acres of wetlands, according to the state Department of Natural Resources, adding up to about $4.6 billion annually in natural flood mitigation, by the ...
Cameron Run Watershed was heavily forested until the mid-17th century. A large beaver population created wetlands amid numerous ponds that provided habitat for a wide variety of flora and fauna. [2] Native Americans, and more specifically members of the Dogue tribe [3] were the first human inhabitants of the area.
In early 2010, Lake Powell's owners submitted an application to turn the former lake into a wetlands mitigation bank, [6] credits from which could be sold to developers for up to $25,000 per acre. The plan caused immediate opposition from lake shore property owners who wanted the lake restored.
Millions of acres of wetlands across the country lost protections that existed under the Clean Water Act after a U.S. Supreme Court ruling last year left it up to states to decide the extent of ...
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.