The USDA’s $2.8 billion investment in climate-smart agricultural practices has been confirmed for use in 70 projects throughout the country. Under the first-ever Partnerships for Climate-Smart Commodities funding pool, the projects seek funds ranging from $5 million to $100 million for efforts covering flood control to carbon markets. U.S. Ag Secretary Tom Vilsack says these efforts and funding will increase the competitive advantage of U.S. agriculture. But what can farmers expect from the historic investment? According to a press release from USDA, farmers should expect:
1. Technical and financial assistance to implement voluntary climate-smart practices.
2. Methods to quantify, monitor, report and verify greenhouse gas benefits.
3. New markets and promotion in climate-smart commodities.
Read more on the Partnerships for Climate-Smart Commodities funding and how your farm can cash in on the incentives here.
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