Mitigation
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Wetland and Endangered Species Act regulations present three strategies for avoiding environmental damages, in order of preference: avoid, minimize, mitigation. The legally stated preference is to avoid injury, or if determined necessary by those with control of decision making, to minimize that injury. Often, because of the economic value of development, people chose to damage ecosystems, and then seek to mitigate.
Mitigation is the replacement of damaged ecosystem services in one location, with replacement services in another location.
This page needs to assemble a large number of the existing references.
Notes
- "In place, in kind" is a phrase common in wetland regulation, which suggests that we should prefer to replace lost ecosystems services of a similar type and location as those lost.
- In place--in kind, is the subject of a countervailing argument, that suggests that mitigation should be applied at the site and landscape position where the greatest ecosystem benefits can be achieved.
- Mitigation often devolves into an economic analysis, where those required to mitigation attempt to obtain the most credit at the least cost, regardless of actual ecological outcome.
2008 Mitigation Guidance
The US Army Corps of Engineers is often at the center of wetland mitigation processes, and published a 2008 guidance document on mitigation mechanisms. Because wetland mitigation is the most developed mitigation system, the mechanisms.
- The guidance defines the need and value of an Interagency Review Team (IRT).
- The guidance allows the Seattle District to delegate work, but retains at USACE sole discretion.
Types of Instruments: Banks, In Lieu Fee, and
==Exiting Currency Markets
- Wetland Banks
- Conservation