Why do mitigation bankers seek a voluntary up-front determination of a sites potential mitigation credits?
When a mitigation bank environmentally enhances and preserves a tract of land, the resulting improvement in ecological value is measured in “credits” which can be “debited” to offset wetland impacts. In deciding whether to create a wetland mitigation bank on a tract of land, a mitigation banker may need to know how many mitigation credits that land will produce before proceeding to acquire the land to begin the enhancement activities.