A conservation bank is like a financial bank. It protects these resources like a bank protects your money. When someone plans a project that will impact endangered species or other natural resources, they can buy credits in a conservation bank. The bank owner then uses the money to protect the resources in the bank. Traditionally, project developers have been asked to preserve part of the area they are developing. Sometimes this is a good policy. But lots of times it is better to have larger areas protected in conservation banks. It is also more efficient and cost effective to manage a bank instead of small, isolated properties.
For more information, see our pamphlet Conservation Banking, Incentives for Stewardship (173 KB PDF)
State of California Information
Information for Bankers and Prospective Bankers
• See our Protocols and Guidelines page for information about surveys
• National Mitigation Banking Association, 12800 University Drive, Ste 400, Ft. Myers, FL 33907, 888-272-NMBA, www.mitigationbanking.org
For more information, contact Conservation Banking Coordinator Jeff Phillips at email@example.com or 805-677-3399.