River landscape

New · Quarterly edition, October 2026

Who really holds Virginia's credit markets?

The Mitigation & Nutrient Market Quarterly returns with its first look at demand drawn from DEQ's own permit record. Stream, wetland and nutrient credits, 1 July – 30 September 2026.

Still owed at 30 Sept

67,105LF

stream credits

146.5acres

non-tidal wetland credits

Building the picture

One quarter at a time

Each edition adds to the last. Read the baseline for the starting point, then follow how both markets move.

See what the ledger shows

Analysis draws on the full SWaN ledger record.

Virginia Department of Environmental Quality

Foundational partner

Virginia Department of Environmental Quality

DEQ administers the permit programmes behind the obligations in this report. SWaN is owned and operated by Water Ledger; DEQ does not review or approve the analysis.

Hedera

Infrastructure partner

Hedera

A public distributed ledger providing settlement and provenance infrastructure for the SWaN credit registry and transaction record.