- 2.08 EIP's Director of Operations Dave Urban helps illustrate how mitigation banking works in this 3-minute video clip from the Environmental Defense Fund (EDF).
- 11.28 EIP is profiled in this article from the Urban Land Institute on how governments across the nation have long recognized the need to preserve open space - but what may have been underestimated, however, is the commercial value of open space and its potential to create value.
- 10.20 The growth of the mitigation banking industry is featured in Businessweek.
- More news >
A wetland mitigation bank serving Sussex County, Delaware
The Nanticoke & Indian River Mitigation Bank has been approved by the Army Corps of Engineers, with credits available for reservation now and available for transfer in summer 2012. The bank will serve the wetland mitigation needs of Sussex County, Delaware in the Nanticoke and Indian River drainage basins (USGS 8-digit HUC 02080109, 12-digit HUC 020600070101, and the non-tidal portions of HUC codes 020403030201, 020403030202, and 020403030204). On a case-by-case basis, the Bank's credits may also be used to mitigate wetland impacts in adjacent watersheds. Mitigation credits generated by the Bank can be used for compensatory wetland mitigation under Section 404 of the Clean Water Act.
The Nanticoke & Indian River Mitigation Bank offers a straightforward and cost-effective solution to meeting the wetland mitigation needs of residential, commercial, industrial, and public infrastructure projects in southern Delaware. When impacts to jurisdictional wetlands are unavoidable, a one-time credit purchase from the Nanticoke & Indian River Mitigation Bank prevents mitigation cost overruns and irrevocably transfers your perpetual mitigation liability to Ecosystem Investment Partners (EIP), one of the nation's leading providers of environmental credits.
Buying credits form the Nanticoke & Indian River Mitigation Bank also promotes the conservation and restoration of Delaware's imperiled native wetland systems and the expansion of the Cypress Forest Swamp Legacy Area.
We invite you to learn more about the Nanticoke & Indian River Mitigation Bank through these pages, and to contact us anytime about reserving and purchasing credits.