- 11.28 EIP is profiled in this article from the Urban Land Institute on how governments across the nation have long recognized the need to preserve open space - but what may have been underestimated, however, is the commercial value of open space and its potential to create value.
- 11.14 EIP's Dover Farm Mitigation Bank is featured in Virginia Living magazine, which profiles the combined efforts of EIP and other partners to restore this complex and magnificent ecosystem.
- 10.20 The growth of the mitigation banking industry is featured in Businessweek.
- More news >
If damage to wetlands or endangered species habitat is unavoidable and you must compensate through mitigation credits, you can make a difference by helping to restore and protect the ecology of one of our national natural treasures, the Great Dismal Swamp...
The Dover Farm Bank is a 966-acre wetland mitigation bank located within the acquisition boundary of the Great Dismal Swamp National Wildlife Refuge (GDSNWR) in Chesapeake, Virginia. The property was originally part of a 500,000+ acre wetland ecosystem that was repeatedly logged, ditched, drained and farmed for the past 300 years. The GDSNWR was created in 1974, conserving over 111,000 acres of what remained of this unique ecosystem. Through the Dover Farm Bank, credits are available that allow customers to meet mitigation requirements while helping restore and protect the aquatic and wildlife habitat resources of the Great Dismal Swamp.
Please click here to learn more about Dover Farm's conservation value and our partnerships with the US Fish and Wildlife Service and The Nature Conservancy.
The Dover Farm Bank was approved by the Army Corps of Engineers in September 2008 for a total of 747 wetland mitigation credits that can be used for compensatory mitigation under Section 404 of the Clean Water Act within the Albemarle or "Southern" watershed of southeastern Virginia (USGS HUC codes 03010205 and 03010203). The Dover Farm Bank offers a straightforward and cost-effective solution to meeting the wetland mitigation needs of residential, commercial, industrial, and public infrastructure projects in the Hampton Roads area. A one-time credit purchase from the Dover Farm Bank prevents mitigation cost overruns and irrevocably transfers your perpetual mitigation liability to Ecosystem Investment Partners (EIP), one of the nation's leading providers of environmental credits.
The Dover Farm Bank is also recognized by the Virginia Department of Game and Inland Fisheries (VDGIF) to support habitat for the State endangered canebrake rattlesnake (Crotalus horridus). VDGIF may recommend purchase of acres or wetland credits from the Dover Farm Bank to offset impacts to canebrake rattlesnakes and their habitat.
We invite you to learn more about the Dover Farm Bank through these pages, and to contact us anytime about purchasing credits.