Author: EIP Communications
Ecosystem Investment Partners Completes Acquisitions In Florida
Ecosystem Investment Partners is pleased to announce the acquisition of 891 acres in central Florida consisting of two parcels established as the Peace River Basin Wetland Mitigation Bank and the Boran Ranch Wetland Mitigation Bank. EIP additionally acquired control of significant additional acreage that has great restoration potential and the ability to service the large … Continued
St. Louis County Board Approves Sax-Zim Land Exchange
Duluth News Tribune by John Myers Floodwood – The St. Louis County Board on Tuesday gave final, unanimous approval to its part in a major land exchange that will establish the largest private wetland mitigation bank in the nation. The deal, in the works for more than a year, will see the county trade about … Continued
New York Times Features EIP’s Chef Menteur Pass
John Schwartz, the national infrastructure correspondent for the New York Times, visited the EIP’s Chef Menteur Pass property near New Orleans to see for himself how private investment in restoration works. The article describes the restoration activities now underway, and provides good context and background on how mitigation banking works. Click here to link to the … Continued
Largest privately funded marsh restoration project on the Gulf Coast gets underway
By Adam Davis, EIP The Chef Menteur property comprises about sixty three percent of the East Orleans Land Bridge, which rises just to the east of New Orleans above the Bayou Sauvage National Wildlife Refuge. This private property, of about 16,500 acres, was owned by CSX and then another private owner before being acquired by … Continued
Forbes Article on “How Private Capital is Restoring U.S. Wetlands” features EIP
A recent article on the Forbes website describes progress being made in mitigation banking and the leading role. EIP is working to expand the use of private capital to enable both efficient permitting and large scale restoration. The article describes how the ‘no net loss’ policies in the Clean Water Act have created incentives for investment … Continued
GreenBiz Article Discusses Development in Corporate Environmental Accounting
Corporate environmental performance metrics are expanding into land-based offsets, highlighting EIP’s leadership role and providing a glimpse into the future of restoration credit investing. This article from the online publication GreenBiz describes some new development in corporate environmental accounting, including a discussion of how offsets are increasingly part of corporate strategy to address compliance and … Continued
EPA Proposes Additional Clean Water Act Protection for Wetlands and Streams
The EPA has proposed a new rule clarifying which American streams and wetlands are subject to Clean Water Act protections, intending to resolve long-standing confusion over the proper regulation of seasonal and rain-dependent streams. The question of which particular streams and wetlands qualify for protection under the Clean Water Act has been unresolved for over … Continued
EIP Partner Comments on Stanford Social Innovation Review’s Article on Conservation Finance
Response to “Making Conservation Finance Investable” Mitigation bank credits are a proven way to invest in environmental conservation efforts. BY ADAM DAVIS Compliance-driven offsets are only one of the conservation asset classes described in the article by Fabian Huwyler, Juerg Kaeppeli, Katharina Serafimova, Eric Swanson, and John Tobin, but they are a critical piece of … Continued
EIP II Acquires Two Additional Assets In Florida’s Upper Coastal Watershed
Ecosystem Investment Partners (EIP) is pleased to announce the acquisition of two additional assets in Florida’s Upper Coastal watershed. EIP has acquired the Upper Coastal Mitigation Bank (UCMB), which is the only existing mitigation bank with credit inventory in the watershed. This acquisition allows EIP to manage and sell an inventory of fully certified and … Continued
Ecosystem Investment Partners Announces Development of Stream Mitigation Bank in Eastern Kentucky
Ecosystem Investment Partners (EIP) is pleased to announce the acquisition of 874 acres in the Big and Little Sandy watersheds of eastern Kentucky; the first of multiple acquisitions underway by EIP to establish a large stream mitigation bank servicing the eastern half of the state. EIP anticipates that by early 2014 it will own 5,001 acres … Continued