Wetland banks allow developers to purchase 'credits' and compensate for wetlands lost in development.
"In selected places throughout the county and state, man-made and restored wetlands are springing up on former cattle pastures, farms and previously unused open space. They are being planned so that developers and state agencies can compensate for wetlands destroyed when a highway or subdivision is built...The concept of wetland banks is simple: If a new subdivision, for instance, forces the destruction of 10 acres of wetlands, the developer must restore the equivalent of at least 10 acres someplace else."
Thanks to Abhijeet Chavan
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Economic & Planning Systems, Inc.
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research