1. MITIGATION SUMMIT _______________________________________________________________
OVERVIEW
ECOSYSTEMS SERVICES AND WORKING LANDSCAPES
RANGELAND MITIGATION
CARBON CREDIT PROJECTS
LOCAL FARMLAND MITIGATION POLICIES
Law Office of Alfred F. Jahns
Law Office of Alfred F. Jahns

2. CONSERVATION  MITIGATION
The involvement of a land trust in serving a mitigation function typically arises out of its core mission of protecting one or more of the natural, scenic, historical, agricultural, forested or open-space conditions of particular land. 
Regulatory-driven, compensatory mitigation transactions are potential additional sources of economic support for a land trust’s conservation mission, but . . .
For each opportunity to participate in a mitigation transaction, the land trust must evaluate whether its conservation mission and capacities are sufficiently aligned with the responsibilities.
Law Office of Alfred F. Jahns
Law Office of Alfred F. Jahns

3. LAND TRUST ROLES LAND TRUST LANDOWNER BANK OR PRESERVE
ENDOWMENT HOLDER
CE HOLDER
BANK OR PRESERVE
MANAGER MONITOR
Law Office of Alfred F. Jahns
Law Office of Alfred F. Jahns

4. LAND TRUST RELATIONSHIPS
REGULATORY AGENCIES
LANDOWNER
DEVELOPER
Regulatory
Contractual
Law Office of Alfred F. Jahns
Contractual
Contractual
Law Office of Alfred F. Jahns

5. Mitigation Transaction Contexts
Project-Specific Preserves
Mitigation and Conservation Banks
Implementation of Regional Strategies
Habitat Conservation Plans
Natural Community Conservation Plans
Regional Conservation Investment Strategies
Implementation of In-Lieu Fee Programs
Law Office of Alfred F. Jahns

6. DEVELOPMENTS Legislation Regulation/Policy Implementation
AB 398: Extension of the carbon emission cap and trade program until end of 2030
AB 2087 (Fish and Game Code Sections 1850 – 1861): Regional Conservation Investment Strategy Pilot Program
Regulation/Policy
Refinement of the multi-agency CE template (March inter alia incorporating language in compliance with Cal. Gov. Code Sections 65967(e) re reversion and 69566(j) re use of net proceeds from condemnation)
Refinement of the Bank Enabling Instrument (September 2017)
Fine tuning of the CDFW evaluation process for approving land trusts to hold CEs in mitigation transactions (per Cal. Gov. Code Section 65967(c))
Implementation
Continuing development of regional-level habitat conservation and natural community conservation planning (approved plans and plans under development together cover more than 7 million acres and will provide conservation for nearly 400 special status species and a wide diversity of natural community types throughout California.
First draft RCIS Plan (Santa Clara County) published for public comments
Law Office of Alfred F. Jahns