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Bay Bank

Pinchot focus areas:

Climate & Energy
Benefits of Habitat Conservation Credits
Habitat Conservation Credits
Numerous regulatory and voluntary measures help to protect and conserve our natural resources.These include regulations to prevent pollution, restrict land uses to certain areas, and requirements that protect endangered species. There are also voluntary programs that offer incentives to private landowners.

These programs and regulatory measures are not always explicit about the quality and quantity of the resource, or ecological value that is being protected. Most often the value of a conservation easement is considered the value of some other use; and the value of a conservation practice is set by the cost of implementation, and not the value of the outcome. In most cases, associated legal agreements lack clear indicators for how ecological values might have changed, and when these changes matter.

A habitat conservation credit approach addressees these concerns while also increasing the marketability and accountability of projects. Habitat conservation credits provide farm and woodland owners an opportunity to receive payments for protecting and improving wildlife habitat. Many corporations, individuals, foundations, and environmental groups want to support the conservation of certain types of habitat, and would be interested in purchasing habitat credits from landowners. These buyers may participate in voluntary markets because conservation is a part of their organization’s mission, because they are interested in doing a good thing, or to be a good corporate citizen.

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