A clearer path for planning, permitting, and long-term environmental restoration.
For projects affecting wetlands or other aquatic resources, mitigation planning is more than a regulatory requirement—it is an important part of managing schedules, costs, and permitting risk.
Approved mitigation bank credits provide a clear and established way to compensate for unavoidable impacts. Before credits are authorized, a mitigation bank undergoes extensive regulatory review. The review process evaluates the restoration plan, ecological objectives, financial assurances, monitoring obligations, performance standards, and provisions for permanent site protection.
This oversight gives permit applicants confidence that the mitigation is supported by an approved plan and will be managed by an experienced bank sponsor.
A More Predictable Mitigation Solution
Using approved credits can offer several practical benefits:
Preparing a Future Mitigation Option for the Chesapeake Bay Region
The Chesapeake Shore Mitigation Bank encompasses approximately 298 acres near Cape Charles, Virginia, along Old Plantation Creek, which flows directly into the Chesapeake Bay.
CURRENT STATUS The bank has received regulatory approval, but mitigation credits are not yet available. Restoration activities and required milestones must be completed before regulators authorize the initial credit release.
The project is intended to improve wetland function and connectivity, stabilize shoreline areas, restore hydrologic conditions, increase native plant diversity, and enhance wildlife habitat. The site will also be permanently protected to preserve these ecological benefits over the long term.
Once credits are released, they may provide qualifying projects within the approved Geographic Service Area with a dependable option for meeting wetland mitigation requirements.
Planning a future project with unavoidable wetland impacts? Contact Chesapeake Shore Mitigation Bank to learn about its Geographic Service Area, planned credit types, and future credit availability.
