1. www.thebaybank.org Bay Bank The Chesapeake’s Ecosystem Service Marketplace

2. www.thebaybank.org Bay Bank Description Program Components Making it Work Markets of Interest to Land Trusts LandServer Demonstration Overview

3. www.thebaybank.org What is the Bay Bank? Regional, multi-credit, online marketplace Facilitate landowner access Market infrastructure Interact with existing and emerging markets and programs Markets: water quality protection, wetland conservation, habitat conservation, carbon sequestration, and forest conservation

4. www.thebaybank.org Ecosystem Services Marketable Non-Marketable Marketable Non-Marketable $$$$ $$$ $$ $ Marketable Non-Marketable Marketable Non-Marketable $$$$ $$$ $$ $ The benefits people obtain from ecosystems Priceless

5. www.thebaybank.org Valuing Ecosystem Services Global Environmental Services are over US $ 33 trillion annually (Costanza, 2005) Chesapeake Bay – over $24 billion annually from trees alone - more than MD seafood industry. *does not include water or recreation benefits) (Sprague et al, 2006)

6. www.thebaybank.org Why is it needed? Landowners key to Chesapeake Bay watershed restoration goals Lack of market access: – High transaction costs – Lack of knowledge Goals – Lower transaction costs – Enhance transparency – High quality credits

7. www.thebaybank.org Launch & First Year Operation Organization and Mgt. Habitat Conservation Carbon Sequestration Forest Conservation Water Quality Bay Bank Baseline LandServer Market Protocol Working Groups Online Marketplace Marketing and Promotion Timeline

8. www.thebaybank.org Online education and outreach tool Parcel specific natural resource assessment Opportunities to enter markets for ecosystem services and conservation programs Making It Work: LandServer

9. www.thebaybank.org Opportunities transferred to Bay Bank Bay Bank helps landowners evaluate multiple opportunities – Market rules – Project planning – Practice implementation – Marketplace and registry Making It Work: Bay Bank

10. www.thebaybank.org Bay Bank Conservation Programs

11. www.thebaybank.org Connect landowners and operators with funding for practice implementation – Focus on water quality and habitat First step toward market engagement or for participants not interested in markets Conservation Programs

12. www.thebaybank.org Cooperative Conservation Partnership Initiative Conservation program guides and application assistance Helping agencies and TSPs reach landowners more efficiently Conservation Programs

13. www.thebaybank.org Short guides to each major Farm Bill conservation program Link with project planning tools Application assistance Recommended practices for nutrient management Conservation Programs

14. www.thebaybank.org Bay Bank Habitat Conservation Markets

15. www.thebaybank.org Protection and preservation of important and rare habitat types Benefits endangered and rare species Management practices often provide water quality benefits to the Bay Habitat

16. www.thebaybank.org Voluntary market – State Wildlife Action Plan implementation – Eastern brook trout, bog turtle, Delmarva fox squirrel, Atlantic white cedar, and ancient sand ridge forest – Pilot project Habitat

17. www.thebaybank.org Regulatory market opportunities – Provide landowners with basic market information – Educate landowners about the process of bank development – Connect landowners with project developers – In discussion with State Highway Administration to help with mitigation obligations Habitat

18. www.thebaybank.org LandServer Habitat Models – Evaluate property’s alignment with habitat priorities – SWAP data, EBTJV data, etc. Provides basic market information to spur interest Habitat

19. www.thebaybank.org Project Planning Tools Provide additional education about the practice and management needs for the habitat type present Interactive tool to help landowners understand the costs and benefits of practice implementation For regulatory interest, referred to project developer For voluntary interest, stay with Bay Bank Habitat

20. www.thebaybank.org Project Implementation Eligibility verified and project developed by partner organization Credit documentation submitted to Bay Bank Credits available for purchase Monitoring Habitat