With the sale of the first credits from the Mt. Tena Creek Mitigation Bank, DU has entered the mitigation banking business.
“Ducks Unlimited has nearly 80 years of experience restoring and managing wetlands across North America,” DU CEO Dale Hall said. “While we are not in the business of permitting wetland destruction, we are in the business of wetlands restoration. It was a natural step for us to offer mitigation credits to make up for permitted, unavoidable wetland losses caused by development.”
Ducks Unlimited, Inc. and the Tennessee Department of Transportation (TDOT) reached an agreement earlier this month that will allow TDOT to fulfill its future wetland mitigation requirements throughout the Wolf River watershed by using credits generated at DU’s Mt. Tena Creek Mitigation Bank.
The Mt. Tena Creek Mitigation Bank was first proposed by Ducks Unlimited in 2012. Following more than 24 months of negotiations with multiple federal and state agencies, the Mt. Tena Creek Mitigation Bank was approved by the U.S. …read more