NALT

Preferred term

conservation banking

Topic

The application of the "mitigation" or "offset" approach to endangered species. When developers expect to harm an endangered species (whether listed at the federal or state level), they must "offset" or "mitigate" the damage through the creation of similar habitat elsewhere. Developers can mitigate by purchasing new property or modifying existing landholdings to support the impacted species.

biodiversity banking
habitat banking
mitigation banking

Field 001 in MARC Authority Format

76183

Spanish

banca de conservación

URI

https://lod.nal.usda.gov/nalt/286471

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Created 8/29/16, last modified 9/27/17