White House Releases Mitigation Policy Encouraging Private Investment

This afternoon at a Goldman Sachs conference on Environmental Finance in New York, the Obama administration released a Presidential Memorandum (PM) on the subject of ‘Mitigating Impacts on Natural Resources from Development and Encouraging Related Private Investment.’  This PM represents a major moment in American environmental policy because it establishes goals and mandates for all … Continued

Groundbreaking Event in Minnesota

Following on the approval of EIP’s Lake Superior Mitigation Bank last month, a groundbreaking ceremony was held at the 23,461 acre site yesterday.  Huge ‘marsh buggies’ – essentially backhoes on top of floating caterpillar treads that support weight without damaging the fragile peat soils – worked in the background as dignitaries gathered to celebrate the start of … Continued

Lake Superior Mitigation Bank Gains Approval

EIP’s Lake Superior Mitigation Bank obtained final approval from the St. Paul District of the US Army Corps of Engineers and the other federal and state members of the Inter-Agency Review Team today.  According to EIP Director of Operations Dave Urban, both Leslie Day of the Corps and Ken Powell of the Minnesota Department of … Continued

EIP Receives Mitigation Bank Approval in North Tampa Region

Ecosystem Investment Partners received word today that the Mitigation Banking Instrument for its Old Florida Mitigation Bank has been approved the U.S. Army Corps and the other federal and state members of the Interagency Review Team (IRT).  According to EIP Director of Operations Dave Urban, “This approval was completed in a very professional and timely manner by … Continued