The Florida Association of Mitigation Bankers (FAMB) brings together leaders who are committed to a unique concept for restoring and conserving Florida's wetlands, streams, and other habitat resources - a concept that unites sound economic and environmental practices.
Established in 2008, we promote State legislation and regulatory policy that encourages mitigation banking as a means of compensating for adverse impacts to our nation's environment.
This commitment is fulfilled through a variety of research, education, legislative lobbying, and outreach programs sponsored by the FAMB and available exclusively to its members.
Mitigation Banking has been recognized by the National Academy of Sciences, the Society for Wetland Scientists and as the highest and best method to replace unavoidable wetland impacts. On March 31, 2008, EPA and the U.S. Army Corps of Engineers (the Corps) issued revised regulations governing compensatory mitigation for authorized impacts to wetlands, streams, and other waters of the U.S. under Section 404 of the Clean Water Act. This Federal Compensatory Mitigation Rule places Mitigation Banks at the top of the hierarchy of compensatory mitigation options. Mitigation Banks are held to the highest standards and it is the position of FAMB to encourage high standards for all wetland mitigation, including mitigation banking.
By supporting high standards for all forms of mitigation, we ensure the best long-term ecological outcomes in Florida and create an equitable playing field for the industry and its members. FAMB monitors and supports policies and legislation that further this position and protect against policies and legislation that do not.
What our Members say about the FAMB...
Belonging to the FAMB has given me access to top decision makers in the State Legislature and Regulatory agencies. This is a benefit for all my clients.Sheri Lewin - Environmental Resource Marketing
Success in the mitigation banking industry is dependent upon having timely knowledge of policy and regulatory changes, understanding the political climate in which these changes take place, and networking with other mitigation bankers around the State. Membership in the FAMB is the best way to accomplish all of these objectives and be successful!Ray Pavelka, Little Pine Island Mitigation Bank
Before FAMB organized as an association, individual bankers often found it difficult to get the attention and respect of some state regulators. As a collective voice we are now heard and are helping shape government policies to encourage the highest standards for all wetland mitigation and maintain the leadership of the mitigation banking industry in protecting our environment.Don Ross, EarthBalance