The idea of a wetland that can move from place to place is an odd one, but in many ways it is not a new one. Basically, a walking wetland is when someone floods a piece of land and lets a wetland grow there for a while. Then, after some pre-determined amount of time has passed, that piece of land is drained and a different piece of land is flooded. A wetland is then allowed to grown on the new piece and, viola, the wetland has walked!
This technique is a lot like crop rotation schemes that have been around for just about as long as agriculture. Letting land lay fallow lets that land recharge some of its nutrients and so be more fertile the next time a crop is grown on it. Walking wetlands are just another type of rotations, but this rotation is to cover the land with shallow water. Not much water is needed to make this work. Generally, about 4 inches is the average depth! Letting the land be flooded in those 4 inches for from 1 to 4 years lets amazing things happen!

First year walking wetland in the Klamath Basin.
For one, a lovely wetland springs up quite quickly. In the first year, the area is generally covered in grasses and other fairly short plants that only raise above the water a relatively short distance and that grow in a fairly open pattern with lots of space for shorebirds to walk around and forage. In the second year, tules and cattails grow up. This form tall and dense stands. The small open patches are preferred by a wide range of duck species though the shorebirds don’t tend to like this habitat as much. In subsequent years, some habitat modification, such as mowing, is generally needed to keep the tules and cattails at a level that still allows for birds and other wildlife species to access the wetland. Otherwise the stands of tules and cattails grow so dense that only a few species will utilize them.
Another amazing thing is that some crop pathogens that live in the soil drown. Many pathogenic microbes cannot survive a year or two of being submerged. Impressively, many beneficial soil microbes actually can survive this long underwater, so when the land is drained, the good microbes are still present and many of the bad ones are gone! This has an economic benefit because growers then need to buy less pesticides. This has an environmental benefit because grower need to apply less pesticides.
A third amazing thing is that all the birds that come and use the wetland leave their waste behind! Bird guano is fantastic fertilizer, and having a few thousand ducks, geese, and shorebirds wandering around can result in the grower needing to buy and apply less fertilizer and also lead to a boost in crop production!

An older walking wetland in the Klamath Basin.
Along the Pacific Flyway, walking wetlands have been really pioneered in the Klamath National Wildlife Refuge along the California-Oregon boarder, which is home to the first officially titled Walking Wetlands Program. It has since also been adopted in the Skagit Valley in northern Washington state. Additionally, several groups in central California, including the Sacramento-San Joaquin Delta Conservancy where I work, are looking at using walking wetlands in the California Delta.
For better or for worse, setting aside habitat exclusively for wildlife use is not going to be able to secure enough land to protect that majority of species. Instead, finding ways for agriculture and wildlife to both succeed is the only way that longer-term conservation is going to be successful, and walking wetlands are a terrific example of what that can look like.