Step 3: Determining and Quantifying Remediation Benefits
The purpose of this step of the equivalency process is to determine and quantify the benefits (credits) of created or improved habitats, resources, or resource services that can be used to offset quantified damage through complimentary or compensatory remediation. The process of determining and quantifying the benefits of remediation generally includes developing project-specific criteria for selecting remediation projects, identifying potential remediation projects based on those criteria, and evaluating the nature, degree, and spatial and temporal extent of benefits. Project benefits typically are quantified using the same quantification metrics as those developed for damage determination. When this is not possible, it may be necessary to use habitat or resource adjustment scalars to align remediation credits with damage metrics. In addition, remediation project-specific natural resource or service recovery pathways should be determined to understand the flow of benefits in the future. Sources of potential uncertainty, including likelihood of project success and sustainability in the future, should be explicitly addressed and incorporated into the analysis. In some cases, uncertainty can be evaluated through specifically designed pilot remediation projects.
KeywordsRemediation options Evaluation of remediation options Remediation benefits Credits Uncertainty
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