Wetland Mitigation Banking
Wetland Mitigation Banking is a system that allows developers to compensate for the destruction of wetlands by purchasing credits from a bank that has restored or created wetland areas. This process helps ensure that the overall ecological function of wetlands is maintained, even when some areas are impacted by development.
The credits are generated when a wetland bank successfully restores, enhances, or creates wetlands that provide ecological benefits. Developers can buy these credits to meet regulatory requirements, promoting a balance between development and environmental conservation while supporting the health of local ecosystems.