Conservation Banking | Wildlands Inc.

Mitigation and conservation banking have several ecological
and economic benefits over traditional methods of mitigation such as self-mitigation.

Economic benefits include severance of liability, expedited permitting time, and economy of scale.

Ecological benefits include large preserve size, mitigation
before impact, habitat performance standards, and expertise.

Economic Benefits
Severance of liability — The mitigation banker assumes all liability for the ecological success of the restored wetland habitats; therefore, the client is released from that responsibility.
Time on your side — Because banks are established before developer impacts occur, permitting time and expense are often reduced; and in some cases, the amount of mitigation required may also be reduced.
Economy of scale — Mitigation banks are larger in size than individual self-mitigation projects, producing economies of scale that save money for the client.
Streamlined permitting process — Mitigation banking streamlines the permit process by obtaining approvals for a single large mitigation site. When a client buys credits, the mitigation is already approved by agencies.

Ecological Benefits
Large preserve size — A bank's larger preserve size allows more ecological diversity and development than a collection of small, scattered self-mitigation projects would provide.
Mitigation before impact — Restoring or protecting habitat in advance of impact reduces loss of habitat function over time.
Performance standards — Mitigation banks are required to meet objective standards of habitat success.
Resources and expertise — Marshaling and maintaining biological and financial expertise fosters successful long-term habitat preserves. Wildlands is recognized for outstanding habitat quality.

Economic and Ecological Certainty
Wildlands mitigation banks offer a win-win solution providing for community growth while protecting the environment.

For information on current Wildlands banks, see the Bank Catalog