Willamette Multi-Credit Watershed Market

Two multi-credit watershed-scale markets are developing in the U.S. The Willamette Partnership in Willamette, Oregon uses a multi-credit approach, utilizing a function-based accounting systen for nultiple credits, with buy-in from the multiple regulators who oversee the trading of those credits. Stakeholders were able to create a 'General Crediting Protocol', allowing a single process to generate four credit types: salmonid habitat, upland prairie habitat, wetland, and water quality/temperature. The initiative has registered its first multi-credit project and is enrolling more participants to take part in a test-market during a two-year pilot.

Program Statistics

Date Established: 2007 Status: In-Progress Program Type: One-Off Offset
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):
Notes: http://willamettepartnership.org/
Bank regulator information: Multiple agencies: US Army Corps of Engineers, US EPA Last Updated: September 23, 2010