The development of credit projects encompasses
enhancement and/or restoration of habitat, quantification of credits that will
be generated by the project, development of a management plan, securing of
financial assurances and signing a participant contract. After determination of
available credits, the sale price of credits is based on market value and
determined in private negotiations between landowners and mitigation buyers.
When credits are sold, credits are transferred to fulfill a mitigation obligation,
and landowners commit to achieving performance standards for the projects for
at least a 30-year period. Landowners can continue agricultural and livestock
operations compatible with greater sage-grouse habitat needs throughout the
The following figure
contains current data on transferred credits, credits available for
sale and credits in development by credit development phase.
*Anticipated credits have been roughly estimated.
Transferred credits are the result of
credit projects that have:
- Sold or transferred credits to offset an
anthropogenic disturbance on the landscape.
- Committed to
protect/enhance/restore and monitor high quality greater sage-grouse (GRSG)
habitat for at least a 30 year term through implementation of an approved CCS
- Assessed habitat function on the project site using the CCS Habitat
Quantification Tool (HQT).
- Set aside Financial Assurances to ensure
sufficient funds are available for the project to succeed.
The Tumbling JR Ranch credit project is the
1st project to have transferred credits to offset an anthropogenic disturbance
through the NV CCS. 2,514 credits were transferred to Bald Mountain Mine
in November of 2017 to offset the 1st Phase of Bald Mountain Mine operations.
Remaining for future offsets are 1,663 additional credits. Despite only having transferred a portion of
the credits associated with the project, Tumbling JR Ranch has committed to
protect/enhance/restore the entire project area for a 30 year term as detailed within
the CCS management plan under implementation.
This transaction was unique in that the Tumbling JR Ranch and Bald
Mountain Mine are both owned by Kinross Gold. More transactions are expected in the near future.
the result of credit projects that have:
- Preserved/enhanced/restored and willing to
commit to protect high quality greater sage grouse (GRSG) habitat for at least
30 years upon sale of credits.
- Interest in selling credits to a mitigation
buyer or transferring credits to offset a debit project and fulfilling the
durability requirements of the Conservation Credit System (CCS).
And have worked with partners to:
- Quantify the habitat function on their
project site using the CCS Habitat Quantification Tool (HQT) and verify the
credits available for sale or transfer.
- Develop an approved management plan to be
implemented upon sale or transfer of credits.
Credits currently available for sale on the
open market or available for transfer are shown in the table below.
* 2,514 of the overall 4,177 Tumbling JR Ranch project credits were set
up for transfer in 2017 leaving 1,663 project credits available.
Projects anticipated to soon have available
credits reflect credit projects that have high
quality greater sage grouse (GRSG) habitat or plans to enhance/restore the
project area to high quality habitat for GRSG as well as interest from the
project proponent in selling credits to a mitigation buyer or transferring
credits and enrolling in the CCS. Habitat measurements and efforts to
utilize the HQT have already been completed for some but not all of these projects. Credit
estimates are disclosed for projects already having completed the HQT
process as well as having received a formal Quality Assurance Review by the
Sagebrush Ecosystem Technical Team.
Projects anticipated to soon have available credits are shown in the
Credit Project Locations
above shows the locations of credit projects that have transferred credits, have available credits, or are anticipated to soon have credits as well as the Western Association of Fish and Wildlife Agencies
(WAFWA) zones and Nevada Counties.
- To establish contact with these credit
project proponents regarding the available or anticipated credits, please
contact the SETT.
- If you anticipate purchasing credits to
offset an anthropogenic disturbance, please review the information on
the Proximity Ratio in the CCS Manual on the Program Documents page.
- If you are interested in the credit
development process, refer to the Get Involved in the Program page for