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SPECIAL PUBLIC NOTICE

WATER INFRASTRUCTURE IMPROVEMENTS FOR THE NATION (WIIN) ACT, SECTION 5014

Comment Period for the Draft Environmental Bank Guidelines

On September 16, 2019, the Corps of Engineers published for public comment draft guidelines in accordance with Section 5014 of the WIIN Act, which requires the Coastal Wetlands Planning, Protection, and Restoration Act (CWPPRA) Task Force to issue guidelines for the use, maintenance, and oversight of environmental banks in Louisiana, after public notice and opportunity to comment. The draft Guidelines define an environmental bank as a project, project increment, or projects considered for purposes of restoring, establishing (i.e., creating), enhancing, or preserving natural resources at a designated site to establish credits designed to offset certain environmental impacts. Credits generated by approved environmental banks may be used to address environmental requirements of multiple federal and state environmental programs subject to the approval of the appropriate federal or state agencies responsible for implementing these programs. The Guidelines are based on existing federal and state regulations and guidance applicable to banks that provide credits for various purposes and are designed to facilitate the development of environmental banks consistent with the existing regulations and guidance for these credit types. Relevant existing regulations and guidance for banking are referenced in the Guidelines. The draft Guidelines are enclosed and available on the New Orleans District CWPPRA webpage at:

https://www.mvn.usace.army.mil/Portals/56/docs/environmental/cwppra/Announcements/EBguidelines9-9-2019.pdf

Written comments regarding the draft Guidelines should be submitted to CEMVN by October 15, 2019 to:

Brad Inman
U.S. Army Corps of Engineers
CEMVN-PM-R
7400 Leake Avenue
New Orleans, LA 70118-3651

Comments may also be submitted electronically to Mr. Brad Inman, CWPPRA Program Manager, at Brad.L.Inman@usace.army.mil



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