Womble Carlyle Ecology Innovations, LLC
Environmental Services - Vienna, Virginia, United States
Womble Carlyle Ecology Innovations, LLC Employees
Womble Carlyle Ecology Innovations, LLC Details
The goal of Womble Carlyle Ecology Innovations, LLC* ("WCEI") is quite simple - to help owners of unused or underperforming land unlock revenue from their land by creating ecological credits for purchase and use by third parties. WCEI assists landowners with developing ecological projects that produce ecological credits that are purchased and used by parties who are required to mitigate their destruction of ecological resources. Sites producing ecological credits are often referred to as mitigation banks. In exchange for helping establish a mitigation bank, WCEI receives a share of the ecological credit proceeds. Alternatively, instead of establishing a mitigation bank at the outset, WCEI may enter into a consulting contract with the landowners to advise them on how to best utilize their landholdings to meet ecological goals while maximizing revenue. This latter approach is particularly helpful to landowners not yet sure whether a mitigation bank or ecological project is appropriate for their property. WCEI can undertake these two separate but related functions for various types of landowners.
