Bay Bank Multi-Credit Watershed Market

Two multi-credit watershed-scale markets are developing in the U.S. In the Northeast/Mid-Atlantic region, a program called the Bay Bank is being developd to serve as a centralized multi-credit marketplace for the six-state Chesapeake Bay watershed. Bay Bank emphasize the development of the supply-side of the market, particularly focusing on issues of market acces for small landowners. The program builds on existing regulatory- and voluntary-driven markets for carbon sequestration, water quality protection, forest conservation, habitat conservation, and traditional conservation programs.