Local governments are under increasing pressure to implement open space and conservation plans. Those plans must address local objectives as well as state and federal mandates. Even before these mandates were imposed, many open space and conservation plans failed to meet their stated goals and objectives. Others simply never were adopted, even after years of effort. This article provides a comprehensive evaluation of a wide range of compensatory regulation techniques, including development permit exactions; specific plan exactions; in-lieu fees; transferable development credits; land readjustment (joint venture partnerships); tradable habitat credits; land donations and exchanges; mitigation banking; and purchase of development rights. Five hypothetical conservation scenarios are described and recommendations are made for applying appropriate hybrid strategies using a mix of conservation tools. By Madelyn Glickfield, Sonia Jacques, Walter Kieser, and Todd Olson, reprinted from Land Use & Environment Forum, Volume 4, Number 1/Winter 1995
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