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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.
"No net loss" is defined by the International Finance Corporation as "the point at which the project-related impacts on biodiversity are balanced by measures taken to avoid and minimize the project's impacts, to understand on site restoration and finally to offset significant residual impacts, if any, on an appropriate geographic scale (e.g local, landscape-level, national, regional)."
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 Water Resources Development Act of 1986 (WRDA 1986) is part of Pub. L. 99–662, a series of acts enacted by Congress of the United States on November 17, 1986. [1]WRDA 1986 established cost sharing formulas for the construction of harbors, inland waterway transportation, and flood control projects and established rules therefor.
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 ...
Clean Water Act protections are being jeopardized like never before, including for the Everglades, says Eyal Harel. Watershed moment: Supreme Court case puts our wetlands, water quality at stake ...
Amends the Water Resources Development Act of 1986. to assess the water resources needs of watersheds (currently only river basins and regions) of the United States. to require cost-sharing agreements for environmental protection and restoration, navigation, storm damage or hurricane protection, shoreline erosion, or recreation projects under such Act (currently, only for flood control or ...
A N.C. Department of Environmental Quality analysis said as many as 2.5 million acres of wetlands could be at risk under the new law.