The Market & Regulatory Drivers for Conservation Banking

Presented live on October 14th 2020, this session provides an overview of environmental markets and the drivers for Conservation Banking as a market-based tool. Presenters outline what conservation and joint banking is within the regulatory context, summarize the required documentation for conservation banking enabling instruments, and provide an overview of conservation banking practices – past, present, and future – across the United States.

Webinar #1 recording

Presenters:

Christopher Hartley, USDA Office of Environmental Markets (chartley@oce.usda.gov)
Shauna Everett, US Fish & Wildlife Service (shauna_everett@fws.gov)
Angela Somma, NOAA National Marine Fisheries Service (angela.somma@noaa.gov)
Valerie Layne, US Army Corps of Engineers Institute of Water Resources (valerie.layne@usace.army.mil)

Webinar Materials:

Overview of Conservation Banking Resources:

Carreras Gamarra, Maria Jose and Theodore Toombs. Thirty years of species conservation banking in the US: Comparing policy to practice. Biological Conservation. 2017. [DOWNLOAD PDF]
DOI Office of Policy Analysis. “A Preliminary Analysis of the Conservation Banking Program and Results from a Survey of USFWS Staff.” September 2013. [DOWNLOAD PDF]
DOI Office of Policy Analysis. “Conservation Banking Overview and Suggested Areas for Future Analysis.” September 2013. [DOWNLOAD PDF]
DOI Office of Policy Analysis. “Results from a Survey of Conservation Banking Sponsors and Managers.” September 2016.
Madsen, Becca et al. “State of Biodiversity Markets: Offset and Compensation Programs Worldwide” 2010. [DOWNLOAD PDF]
NOAA NMFS Southwest Region. “Guidance for the review, establishment, use and operation of conservation banks and in-lieu fee mitigation programs” issued October 19, 2011. [DOWNLOAD PDF]
NOAA NMFS West Coast Region. West Coast Region Conservation Banking, Joint Banking, and In-Lieu Fee Program Tips and Tools, issued March 12, 2019 [DOWNLOAD PDF]
NOAA NMFS West Coast Region. “West Coast Region Conservation Banking Guidance,” issued August 2015. [DOWNLOAD PDF]
USACE and EPA. Compensatory Mitigation for Losses of Aquatic Resources. Final rule. Federal Register. Vol. 73, No. 70: pp. 19594-19705. April 2008. [DOWNLOAD PDF]
USFWS. Guidance for Establishment, Use, and Operation of Conservation Banks, issued May 8, 2003, 68 Fed. Reg. 24753. [DOWNLOAD PDF]
Wilkinson, McElfish, Kihslinger, Bendick, McKenney: “The Next Generation of Mitigation: Linking Current and Future Mitigation Programs with State Wildlife Action Plans and Other State and Regional Plans” ELI, Aug. 4, 2009. [DOWNLOAD PDF]

Web Resources:

Ecological Restoration Business Association (ERBA) http://www.mitigationbanking.org/
Federal Highway Administration Banking Toolkit http://www.fhwa.dot.gov/everydaycounts/projects/toolkit/banking.cfm
NOAA NMFS Southwest Fisheries Science Center (Fisheries Ecology Division) http://swfsc.noaa.gov/
USACE RIBITS https://ribits.ops.usace.army.mil/
USFWS Conservation Banking http://www.fws.gov/endangered/landowners/conservation-banking.html

Environmental Markets Resources:

Ecosystem Marketplace. 2017. State of Biodiversity Markets. [DOWNLOAD PDF]
Pindilli, Emily and Frank Casey. Biodiversity and Habitat Markets: Policy, Economic, and Ecological Implications of Market-Based Conservation. USGS, 2015.
Ribaudo, Hansen, Hallerstein, Greene. “The Use of Markets to Increase Private Investment in Environmental Stewardship” USDA, Economic Research Service, Report No. 64, September 2008. [DOWNLOAD PDF]
Salzman et al. 2018. The global status and trends of Payments for Ecosystem Services. Nature Sustainability 1:136-144. [DOWNLOAD PDF]

Web Resources: