$7 million invested in 10 wetland mitigation banks

$7 million invested in 10 wetland mitigation banks

Wetland mitigation banks restore, create or enhance wetland ecosystems.

Natural Resources Conservation Service Chief Jason Weller announced the U.S. Department of Agriculture is investing more than $7 million to fund agricultural wetland mitigation banks in 10 Midwest and Northern Great Plain states.

Related: Need to buy wetland credits?

The Wetland Mitigation Banking Program, created by the 2014 Farm Bill, helps states, local governments or other qualified partners develop wetland mitigation banks that restore, create or enhance wetland ecosystems, broadening the conservation options available to farmers and ranchers so they can maintain eligibility for other USDA programs.

Wetland mitigation banking uses a market-based approach to restore, create or enhance wetlands in one place to compensate for unavoidable impacts to wetlands at another location. (Photo: Olha Rohulya/Thinkstock)

“Wetlands are vital and dynamic ecosystems that provide important functions—from groundwater recharge to prime wildlife habitat,” Weller said. “USDA’s new Wetland Mitigation Banking Program will ensure meaningful wetland restoration and protection on the landscape while expanding options for farmers and ranchers.”

Wetland mitigation banking uses a market-based approach to restore, create or enhance wetlands in one place to compensate for unavoidable impacts to wetlands at another location. Banked wetland mitigation credits are made available after the restoration, creation or enhancement of previously converted wetlands protected by a conservation easement. Wetland mitigation requires the replacement of all lost wetland functions, values and acres.

Related: USDA awards $44.6 million for WREP projects in 12 states

The announcement includes funding for eight new wetland mitigation banks, and will help two existing banks expand to meet the needs of agriculture operations. Below is a list of impacted states and selected projects:
-Georgia – Corblu Ecology Group, LLC
-Illinois – Magnolia Land Partners, LLC
-Iowa – Iowa Agricultural Mitigation, Inc.
-Michigan – Michigan Quality of Life Agencies (Department of Natural Resources, Department of Agriculture and Rural Development and Department of Environmental Quality)
-Minnesota – Minnesota Board of Water and Soil Resources
-Missouri – Minton Environmental Consultants, LLC,
-Nebraska – Westervelt Ecological Services, LLC
-North Dakota – Dakota Wetland Partners, LLC
-Ohio – North Coast Regional Council of Park Districts
-South Dakota – Dakota Wetland Partners, LLC

A complete list of the selected, multi-year projects with short descriptions is available on the wetland mitigation banking page.

This announcement follows a request for proposals earlier in 2016. USDA sought projects that would support local efforts to conserve wetlands in geographic areas where the potential for agricultural wetland conversion is high. USDA also considered the applicants’ experience with wetland mitigation banking and their ability to provide wetland credits within two years.

Related: $15 million available for wetland protection and improvement

Since 2009, USDA has invested more than $29 billion to help producers make conservation improvements, working with a record 500,000 farmers, ranchers and landowners to protect land and water on more than 400 million acres nationwide.

Source: USDA NRCS

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