Advantages
of Purchasing Wetland Credits from StillWater
The Pricing of Wetland Credits
Pricing for StillWater's
wetland credits are reasonable, cost efficient, and
competitive, saving the client the expense of a)
on-going liability for ecological success of a wetland
and/or b) starting over if an individual
on or off-site mitigation fails, c)
watching over a wetland mitigation's protection in
perpetuity as well as d) responding
to on-going legally required annual reporting and monitoring.
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For the Client.
- Increases significantly
the certainty of costs that are associated with wetland
impacts.
- Eliminates land
costs associated with wetlands creation.
- Eliminates water
rights costs and issues associated with wetland creation.
- Eliminates the on-going
responsibility, liability, and reporting required
to ensure the survival of created on-site wetlands
in perpetuity.
- Eliminates potential
time delays.
- Increases “developable”
land on the development site.
- Allows attention
to be focused on the development project instead
of becoming wetland experts overnight.
- Eliminates ecological
failure (90% of all on-site mitigations fail per
ACOE)
- Eliminates uncertainty of mitigating a project that might be staged over time via pre-purchase of credits prior to actual impact.
For the Regulatory
Agencies.
- Consolidates impacts into an approved and ecological functioning wetland.
- Ensures wetlands replacement
since wetlands can be functional in advance of development
activity.
- Eliminates temporal loss.
- Brings scientific expertise, planning and financial resources together not often practical or cost efficient over the long term to individual mitigation efforts.
- Reduces the demand to review,
inspect and monitor many permitted impacts because
of consolidation benefits.
For the Environment.
- Restores wetlands
that have been dried up, destroyed or otherwise damaged,
and creates additional wetlands in the watershed
and river basin in which the impacts take place.
- Protects open space
in perpetuity.
- Provides habitat
for wildlife and bird species.
- Mitigates unavoidable wetland impacts often at a 1:1 ratio, or 1:5:1 ratio, meeting the goals of "no-net-loss" and "net gain" for wetlands.
For the Community.
- Balances development
pressure with the creation of open space and wildlife
habitat.
- Puts conservation
easements in place to ensure wetland open space in
perpetuity.
- Contributes to commerce
by bringing the wetland credit business to a region.
- Provides a resource
in the watershed of impacts for compensatory wetland
mitigation that ensures ecological success.