2022
DOI: 10.1016/j.ecoleng.2021.106526
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Plant communities in wetland mitigation banks surpass the quality of those in the most degraded, naturally occurring wetlands, but fall short of high-quality wetlands

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Cited by 5 publications
(3 citation statements)
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“…It is possible that equivalence with natural wetlands, and thus species replacement, would be greater if banks were assessed beyond 4–6 years. However, evaluations of 8–23 year‐old compensation wetlands have revealed a lack of similarity to reference wetlands and even decreases in plant community quality through time (Robertson et al, 2018; Tillman et al, 2022). These studies suggest that species replacement does not increase inevitably beyond the mandatory monitoring phase.…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…It is possible that equivalence with natural wetlands, and thus species replacement, would be greater if banks were assessed beyond 4–6 years. However, evaluations of 8–23 year‐old compensation wetlands have revealed a lack of similarity to reference wetlands and even decreases in plant community quality through time (Robertson et al, 2018; Tillman et al, 2022). These studies suggest that species replacement does not increase inevitably beyond the mandatory monitoring phase.…”
Section: Discussionmentioning
confidence: 99%
“…Previous studies of wetland mitigation have often used vegetation‐based metrics, such as plant species richness or relative cover of native plant species, to compare mitigation projects to natural reference wetlands (Fennessy et al, 2013; Tillman et al, 2022), rather than determining if the plant communities in mitigation wetlands possess the specific plant species that were present in the natural wetlands they were intended to replace. We attempted to address this question of plant species replacement by combining a novel simulation modelling approach with biological data to evaluate the ability of wetland banks, under typical regulatory conditions, to replace the specific native plant species lost from natural wetlands during the offsetting process.…”
Section: Introductionmentioning
confidence: 99%
“…In addition to the potential of such specific "green" bonds, there are emerging approaches on insurance, being piloted in locations such as Mexico, where tourism entities, which are reliant on intact ecosystems to attract tourists, help fund the care and maintenance of those ecosystems for their continued business prospects. The concepts of wetland banking [79] and biodiversity offset programs [80,81] are also being explored under no-net-loss approaches.…”
Section: Nature-based Economics and Financingmentioning
confidence: 99%