George Kelly

Board Member at L2 Capital

Mr. Kelly is a graduate of Tulane University (B.A.) and a cum laude JD and MSL (Masters in Environmental Law) graduate of the Vermont Law School. He is currently serving as the managing director at Quantified Ventures, an outcome-based finance and advisory firm focused on environmental and health issues.

He has permitted and sold over $200m of environmental credits in the United States relating to water quality, wetlands, streams, stormwater and endangered species. He has worked with numerous resource agencies, landowners, municipalities, investors and private and public credit buyers in the implementation of mitigation and performance-based restoration projects. He has worked on numerous resource mitigation projects; negotiated and implemented mitigation banking instruments in Maryland, Idaho, Montana, Virginia, West Virginia, Pennsylvania, North and South Carolina, Georgia, Texas, Louisiana, California and Florida; and drafted and negotiated land deals with over 100 landowners for resource mitigation projects. He has been a leader in promoting new polices at the federal, state and international levels relating to market- based solutions to achieve environmental objectives, including working on the US wetland mitigation rules enacted in June 2008.

Mr. Kelly served on the Board for almost ten years and was elected as the President of the National Mitigation Banking Association (US) in 2009. He recently was appointed by the USEPA Secretary to serve on EPA’s Environmental Finance Advisory Board (2020-2022). Additionally, he was appointed to serve on the Business and Biodiversity Offsets Program (BBOP), the EPA Chesapeake Bay Program Nutrient Trading Task Force, the Advisory Committee to the Water Quality Fund for the Chesapeake Bay, the National Water Quality Trading Alliance.

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