WHAT IS A CONSERVATION CREDIT?
Landowners across the country are being approached by companies that need to mitigate the environmental impacts of their projects by purchasing conservation credits on agricultural lands. “Conservation credit” is a broad term that covers a range of activities that produce positive environmental results, like restoring wildlife habitat or wetlands, or creating conservation easements.
A conservation credit is a defined environmental benefit that can be sold on the open market. If you’re a business, you can purchase these credits, which are created by building, restoring, or protecting resources off-site on farms, ranches, or private timberlands. Conservation credits can also be an important source of revenue for farmers, ranchers, and other landowners.
Depending on the needs of the buyer, conservation credits can be permanent and coupled with a conservation easement or they may be shorter 10-, 20-, or 30-year agreements.
HOW DOES WILDLIFE HABITAT MITIGATION WORK?
State and/or federal land-management agencies require project developers—involved in oil and gas production, wind and solar energy projects, pipelines, and transmission lines—to conduct wildlife habitat mitigation on projects that impact habitat for certain species. Here’s how it works:
You, the project developer, meet your obligation by paying a landowner for habitat mitigation credits. Then, you get credit for preserving wildlife habitat and can move your project forward.
For Farmers, Ranchers and Landowners
If you’re a farmer, rancher or other landowner, K·Coe Conservation helps you develop a revenue stream from your land through conservation credits. As an added benefit, higher-quality habitat can improve the natural beauty of your property and create outdoor recreation opportunities—further increasing your land value.