Abstract
In the USA, the concept of in-lieu fees (ILFs) relates to payments for compensatory mitigation for loss, damage or disturbance of a wetland, stream or endangered species habitat through development permitted under Section 404 of the Clean Water Act or the Endangered Species Act. Through the ILF process, a permittee provides funds to an in-lieu-fee sponsor (a public agency or nonprofit organization), who pools funds from multiple permittees to provide financial resources for building and maintaining mitigation site, or sites. The in-lieu fee sponsor is responsible for the success of the mitigation.
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References
FHWA. Use of in-lieu fee and mitigation banking. US Department of Transportation, Federal Highway Administration. n.d. http://www.fhwa.dot.gov/everydaycounts/projects/toolkit/banking.cfm. Accessed 6 Aug 2014.
Nelson AC, Moody M. Paying for prosperity: impact fees and job growth. Brookings Brief. 2003 http://www.brookings.edu/reports/2003/06metropolitanpolicy_nelson.aspx. Accessed 6th Aug 2014.
US EPA. Compensatory mitigation resources. US Environmental Protection Agency. n.d. http://water.epa.gov/lawsregs/guidance/wetlands/upload/2003_05_30_wetlands_CMitigation.pdf. Accessed 6 Aug 2014.
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Everard, M. (2018). In-Lieu Fees in Wetlands. In: Finlayson, C.M., et al. The Wetland Book. Springer, Dordrecht. https://doi.org/10.1007/978-90-481-9659-3_187
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DOI: https://doi.org/10.1007/978-90-481-9659-3_187
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Publisher Name: Springer, Dordrecht
Print ISBN: 978-90-481-3493-9
Online ISBN: 978-90-481-9659-3
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