Evolution of the Ecological Restoration Market
- Don Ross, President, NMBA
- Sara Johnson, Executive Director, NMBA
A Private Sector Solution to a Public Problem
The Investment Thesis and Business Case Behind Ecological Restoration
The ecological restoration industry was recently assessed at $25 billion per year in total economic output and is prime for increased investment. Private capital, such as private pension funds (valued at $21 trillion), is available to fuel to the industry’s growth and subsequent restoration outputs that provide a public good and support job creation. With these numbers in mind, hear from investors at private equity funds and operating companies on why large institutional investors continue to deploy capital in the restoration industry. This panel will explore the cost benefits of achieving restoration in the private versus public sector, policies that would incentive private investors to further invest in the industry, and current impediments and variables affecting prices and efficiency of the credit marketplace.
- Elliott Bouillion, President and Chief Executive Officer, Resource Environmental Solutions
- Nick Dilks, Partner, Ecosystem Investment Partners
- Mark Canavan, Senior Portfolio Manager, New Mexico Educational Retirement Board (Invited)
- David Hoffer, Managing Director, The Lyme Timber Company (Invited)
New Developments at the U.S. Army Corps of Engineers
Hear from a senior official of the Army Corps of Engineers (USACE) on leadership changes and reflections on the 2008 Mitigation Rule. This speaker will touch on recent initiatives at the USACE to improve efficient implementation of the 2008 Mitigation Rule. Don’t miss this opportunity to engage with one of the industry’s most important agencies.
- USACE District Official (Invited)
Networking Morning Break
Located in the Governor's Room
Enjoy coffee and light refreshments and the chance to connect with your fellow attendees.
Cutting Permit Time in Half
How Mitigation Banks Expedite Infrastructure
Infrastructure is at the forefront of the current political agenda. Mitigation banks cut permit times in half for infrastructure projects. In this panel session, hear from the Department of Transportation on their infrastructure goals for the new year and how mitigation banks help fast track public and private infrastructure project schedules. This discussion will also explore thoughts and recommendations for further expediting the permitting process to the benefit of mitigation bankers and, most importantly, private and public developers.
- Adam Davis, Partner, Ecosystem Investment Partners - MODERATOR
- Federal Highway Administration Official (Invited)
- Deirdre Duncan, Environmental Attorney, Hunton & Williams
- John Paul Woodley Jr., Principal, Advantus Strategies (Invited)
The Wins of WIIN
Water Infrastructure Improvements for the Nation Act in Review
A new WRDA bill passed late last year with changes to the preference for mitigation banks in USACE civil works projects, a requirement to consider in-kind credits, and the introduction of a new restoration concept, “environmental banking.” Join us for a discussion with Congressman Graves, who was instrumental in drafting WRDA's mitigation banking related provisions and is the new Chairman of the House Committee overseeing the USACE. This conversation will focus on the intent behind environmental banks, how mitigation banking may fit in this new marketplace, and the outlook for USACE’s guidance on considering all credits available during a project lifespan.
- Donald Ross, President, National Mitigation Banking Association - MODERATOR
- Congressman Garret Graves (R-LA), Chairman of the House Subcommittee on Water Resources and the Environment
Located in the Governor's Room
Keynote Speaker - HOW WE CAN BE PART OF THE SOLUTION
How Mitigation Can Improve the Economy and Protect the Environment
Join Ken Mehlman for a discussion on opportunities to enhance mitigation policy -- accelerating the permitting process, improving environmental outcomes and creating jobs. Discuss strategies for strategically engaging policymakers and communicating with stakeholders. Ken Mehlman currently serves as Member and Global Head of Public Affairs at KKR -- overseeing the firm’s global external affairs activities, including corporate marketing, regulatory affairs and public policy & communications. Mr. Mehlman also leads KKR's Environmental Social Governance (ESG) programs. Before joining KKR, Mr. Mehlman spent a dozen years in national politics and government service, including as 62nd Chairman of the Republican National Committee and Campaign Manager of President Bush's 2004 re-election campaign as well as in high level positions in Congress and the White House.
- Ken Mehlman, Member and Global Head of Public Affairs, KKR
New Opportunities for Efficient Restoration
NRDAR and Case Studies
Mitigation banks are in the ecosystem backyard of NRDAR sites across the country and present an efficient and effective offset option for many NRDAR site restoration plans. Recent DOI guidance provides a framework for NRDAR trustees to consider banks as a restoration alternative. Hear from representatives currently working on NRDAR cases that successfully utilize mitigation banks and their perspective on opportunities to replicate success at other NRDAR sites. This segment will also include insight from agency officials at DOI and NOAA on the intent behind and implementation of the DOI guidance, including NRDAR trustees’ restoration alternative considerations and analysis of a bank’s underlying documentation, and the outlook for improving mitigation credits and NRDAR restoration efforts’ compatibility.
- National Oceanic and Atmospheric Administration Official (invited)
- Richelle N. Moore, Acting Deputy General Counsel, Coastal Protection and Restoration Authority of Louisiana
- Bobby Proutt, Manager and General Counsel, Falling Springs, LLC
- Doug Lashley, CEO and Founder, GreenVest, LLC
- Peter Dykstra, Environmental Attorney, Plauché & Carr LLP
Afternoon Networking Break
Located in the Governor's Room
Review of the FWS Compensatory Mitigation Policy
The U.S. Fish and Wildlife Service (FWS) issued their final ESA Compensatory Mitigation Policy, the Service’s first comprehensive treatment of compensatory mitigation under the ESA, just before the new year. Listen to a moderated conversation amongst FWS leadership and species bankers, both in the private and NGO sectors, affected by the policy as they review the importance of landscape-level planning and the need for consistency and equivalency in implementation of mitigation standards to effectively achieve quality conservation.
- Randy Wilgis, Chief Solutions Officer, Resource Environment Solutions, LLC - MODERATOR
- Department of Interior Official (Invited)
- Fish and Wildlife Service Official (Invited)
- Steven Quarles, Environmental Attorney, Nossaman
- Parker Moore, Environmental Attorney, Beveridge & Diamond
Ecological Restoration Policy Outlook
2017 and Beyond
Get an update on the outlook and predictions for policy initiatives from senior Congressional staff as we enter a new year and the start of a new political administration. Just a few of the questions that will be explored include: What will Congress’ agenda look like for infrastructure and natural resources issues? What are the potential legislative opportunities with Republicans controlling Congress and the White House? What are the issues that resonate with both mitigation bankers and members of Congress? How does the new political environment affect Capitol Hill and the Administration working together?
- George Kelly, Chief Markets Operator, Resource Environmental Solutions, LLC - MODERATOR
- Senior Congressional committee staff (Invited)