The New Agricultural Wetland Bank is coming online. As we discussed in our news section one year ago this month, the new Minnesota Agricultural Wetland Bank exclusively for ag use is taking shape with the first two deposits of credits occurring later this fall, and more under consideration. Although we’re still unsure how competitively priced these credits will be, we anticipate they’ll be priced at slightly below typical open market wetland credits.
If you are interested in more information on either establishing an agricultural wetland bank or purchasing credits for an agricultural impact, the Minnesota Board of Water and Soil Resources (BWSR) has a number of PDF downloads you can link to here. These include a Minnesota Wetland Bank for Agriculture presentation, an Agricultural Banking Fact Sheet and an FAQ page.
As The Wetland Credit Agency will be able to facilitate sales through the Agricultural Wetland Bank just as seamlessly as those through the standard wetland bank. Those of you who have been anticipating this as a solution for your wetland credits for agricultural use can take advantage of this new system by calling us, or using our “Quick Quote” button on our website.
