Overview
The Virginia Environmental Restoration Association (VERA), previously known as the Virginia Mitigation Banking Association, was formed in 2010 for the purpose of sustaining and advancing private sector compensatory mitigation and water quality trading markets in Virginia. VERA was selected as a new name to better reflect the scope of the association’s efforts.
Objective
The Association’s objective is to promote the maintenance, expansion, and success of private mitigation markets in Virginia. VERA, supported by legal and technical analyses, participates in legislative, judicial, regulatory, and administrative proceedings and activities, to ensure that public policy is informed by a full appreciation of the significant contribution private mitigation markets make to Virginia’s environment and economy.
The Association Is Comprised Of
Ongoing VERA Actions
- Working to identify and advocate for new and expanded market opportunities for the private mitigation industry.
- Providing a go to resource for regulators seeking input in issues relating to environmental markets, issues and opportunities.
- Monitoring for and working to correct actions and proposals that may negatively impact private mitigation and nonpoint source nutrient trading markets including unfair competition or restrictions from the public sector.
Membership Benefits
- Access to industry practitioners and regulators through regular meetings and networking opportunities.
- Proactive advocacy led by mitigation bankers, environmental consultants and attorneys, and restoration professionals.
- A common voice seeking to protect our industry and assets and advocate for more efficient regulatory processes and credit markets.
- Collaborative membership working to grow and expand our markets.
