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Recovery Credit System (US)

The recovery credit system gives the federal government agencies the flexibility to offset temporary impacts for threatened and endangered species found on federal land by undertaking short-term or permanent conservation actions on non-federal lands. Guidance for the program was published in July of 2008 and one pilot project in Texas at the U.S. Department of Defense site Fort Hood to protect the golden-cheeked warbler and black-capped viero has been enacted, with 1,400 acres enrolled in the pilot program. There is theworry of a lack of accountability due to privacy concerns for private land-holders overruling interest in transparency and oversight

Program Statistics

Date Established: 2008 Status: Active Program Type: One-Off Offset
About the program:
Annual size of program (area): 1,400 (acre) Year of Data: 2007
Cumulative size of program (area): 1,400 (acre) Years of Data: 2007 -
Annual payments of program (US$): Year of Data:
Cumulative payments of program (US$): Years of Data: -
Notes on program size or payments:

The program size /cumulative program size is at minimum 1,400 acres. This is a published figure for the acreage conserved in one pilot project (Fort Hood) as of 2007. http://www.csmonitor.com/2007/0806/p01s10?usmi.html

Species or habitat types (if applicable):
Notes: FAQs: http://www.fws.gov/home/feature/2007/endangeredspeciesrecoveryqsandasvf1107.pdf
Bank regulator information: US Fish and Wildlife Service Last Updated: October 1, 2010