Frequently Asked Questions
Federal banks are approved by the US Fish and Wildlife Service under the Department of Interior. Conservation Banks for non-listed species (ie: Greater Sage-Grouse) are approved by the Department of Fish and Game along with a Compensatory Mitigation Oversight Group (CMOG) comprised of State and Federal wildlife agencies.
The Bank Sponsor ultimately determines who is best suited to hold the easement. TerraWest has relationships with several qualified land trusts and NGOs, but any qualified organization with common interests in the bank objectives can be selected by the bank sponsor. An easement is only placed on a property after a sale of credits has been negotiated, and only for the specific parcels within that particular bank phase. At no time is a conservation easement placed on an entire property beforehand or for approval of the conservation bank.
Yes. The conservation strategies are based on metapopulations and threats to sage-grouse in different regions. Depending on the availability of credits in neighboring regions, credits can be approved for transfer across state lines. The project proponent needing credits works with state and federal agencies and their debits and credit req’s are assessed on a case-by-case basis.
The Bank Sponsor will be an integral part of the language of the management plan. With a Sage-Grouse Bank, grazing is a key element to the successful management of sagebrush ecosystems. The language typically allows for activities unless otherwise prohibited. It will need to benefit the targeted species.