Habitat Credit Trading System (US)

Habitat credit trading (HCT) is an umbrella term for all market-based conservation programs approved by the US FWS. HCT guidance, now 2, will describe standards for all new voluntary credit trading programs developed by stakeholder groups for management, restoration,and preservation activities for imperiled species and habitat. While conservation banking or recovery crediting are applicable for most species and habitat types, the US FWS recognizes that new, innovative market-based approaches may have conservation value, particularly for use with species that are not federally listed as threatened or endangered, but are otherwise imperiled. Voluntary HCT programs for these species and their habitat may preclude future regulatory obligations. There is one pilot project in the Southeast for gopher tortoises spearheaded by the American Family Forest Foundation and the Longleaf Alliance.

Program Statistics

Date Established: 2009 Status: Active Program Type: Banking
About the program:
Annual size of program (area): (acre) Year of Data:
Cumulative size of program (area): (acre) Years of Data: -
Annual payments of program (US$): Year of Data:
Cumulative payments of program (US$): Years of Data: -
Notes on program size or payments:
Species or habitat types (if applicable): Gopher tortoise (unlisted eastern population)
Notes: http://www.fws.gov/endangered/esa-library/pdf/Credit_Trading_MOU.pdf
Bank regulator information: US Fish and Wildlife Service Last Updated: September 23, 2010