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Mitigation Banking Factsheet: Compensating for Impacts to Wetlands and Streams

A mitigation bank is a wetland, stream, or other aquatic resource area that has been restored, established, enhanced, or (in certain circumstances) preserved for the purpose of providing compensation for unavoidable impacts to aquatic resources permitted under Section 404 or a similar state or local wetland regulation.1 A mitigation bank may be created when a government agency, corporation, nonprofit organization, or other entity undertakes these activities under a formal agreement with a regulatory agency.

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Date Of Record Release 2009-05-18 16:11:42
Description A mitigation bank is a wetland, stream, or other aquatic resource area that has been restored, established, enhanced, or (in certain circumstances) preserved for the purpose of providing compensation for unavoidable impacts to aquatic resources permitted under Section 404 or a similar state or local wetland regulation.1 A mitigation bank may be created when a government agency, corporation, nonprofit organization, or other entity undertakes these activities under a formal agreement with a regulatory agency.
Classification
Resource Type
Format
Subject
Source United States Environmental Protection Agency
Keyword Mitigation bank, Wetlands, Streams
Selector Marks
Date Of Record Creation 2009-05-18 16:00:16
Education Level
Date Last Modified 2009-05-18 16:28:58
Language English
Date Record Checked: 2009-05-18 00:00:00 (W3C-DTF)

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