Mitigation Banking is a new global industry that is emerging to restore and protect natural resources and the eco-system functions they provide.
Mitigation Banks support economic growth by allowing development to occur in exchange for paying a fee to purchase credits to restore and/or protect critical natural resources and habitats. They are also a source of job creation such as those associated with implementation of land management activities. In addition, there are benefits to other industries such as ecotourism and the sustainable use of natural resources including agriculture, forestry, grazing, fisheries, etc.
The most developed markets for Mitigation Banking are in the US. Solution Strategies International, Inc. has extensive experience in developing real-world, real-time solutions for solving environmental issues. The firm is a leader in mitigation banking in the US since its inception. One of our principals established the first mitigation bank in California in 1988.