CRESA measure involves more people,
incentives to boost recovery efforts
FOR IMMEDIATE RELEASE
CONTACT: Susan Wheeler (202) 224-6436
DECEMBER 15, 2005
S. 2110, the Collaboration for the Recovery of the Endangered Species Act (CRESA),
focuses on additional participation by landowners and states to recover species.
It also, for the first time, introduces incentives such as tax breaks and
conservation banking provisions. Conservation banking is a concept that
encourages voluntary conservation efforts and partnerships and has been used
successfully in several states. The bill allows the federal government to
prioritize its resources to get funding to the species most in need, while
incorporating local input on recovery plans and species recovery teams.
“We must decrease the conflict inherent in present efforts to speed
recovery,” Crapo said. “Collaboration and incentives offered to property
owners will be a faster route to recovery of species than litigation in the
courts. CRESA allows for innovation, flexibility, and the collaborative
involvement of many parties, which have proven to be more effective in
recovering species.”
“This is a constructive, bipartisan effort to update a 30-year-old law
which has increasingly slowed the recovery of endangered species,”
Crapo and Lincoln say CRESA has groundbreaking incentive provisions. The
proposed tax incentives will reward landowners who help recover species. The
conservation banking provision is an innovative market program that allows
landowners to profit from conservation efforts through use of conservation
credits. Additionally, there are regulatory incentives for landowners who
voluntarily contribute to recovery with simpler procedures and through Farm Bill
programs. This bill makes it easier for landowners to do recovery work for
species.
The tax provisions mean CRESA may receive a hearing next year before the
Senate Finance Committee. Crapo and Lincoln are both members of the Finance
Committee.
“We’ve seen amazing things happen in