Mitigation banking has raised the bar on compensatory mitigation by instituting accountability, financial assurances, and regular monitoring. The mitigation banking industry has improved mitigation practices throughout the United States, improvements which have carried over to other nations. Marketbased systems that transform resources into fungible commodities are an invaluable means of working toward a more ecologically sustainable future. However, as the enthusiasm surrounding market approaches continues to grow, we need to be cautious of overly relying on mitigation banks to protect broader ecosystem services and meet sustainability targets.