2023 January Stewardship Advocate

The Growing Climate Solutions Act was recently passed into law as part of the Omnibus bill that has been signed by the President. It creates a program at USDA to help solve technical entry barriers to farmer and forest landowner participation in carbon credit markets. These issues – including access to reliable information about markets and access to qualified technical assistance providers and credit protocol verifiers – have limited both landowner participation and the adoption of practices to help reduce the costs of developing carbon credits. The bill directs USDA to conduct an assessment of existing agriculture carbon credit markets to create a record of data at USDA concerning the size of these markets, the demand for agriculture and forestry credits, barriers to producer entry, and the potential role of USDA programs to resolve these barriers to entry. Through this program, USDA will be able to provide transparency, legitimacy, and informal endorsement of third-party verifiers and technical service providers that help private landowners generate carbon credits through a variety of agriculture and forestry related practices.

Through the program, USDA will help connect landowners to the private sector who can assist landowners in implementing the protocols and monetizing the climate value of their sustainable practices. The USDA certification lowers barriers to entry in the credit markets by reducing confusion and improving information for farmers looking to implement practices that capture carbon, reduce emissions, improve soil health and make operations more sustainable.

Specific features of the Bill:

Purpose: 1) Facilitate participation of farmers in voluntary environmental credit markets; 2) facilitate technical assistance to farmers to remove barriers to participation; 3) assist entities in certifying under the Program; and 4) establish an Advisory Council to advise the Secretary within 90 days.

President Signs Into Law Spanberger’s “Growing Climate Solutions Act,” Greenlights Making Carbon Markets More Accessible to American Agriculture

New Law Helps Farmers Earn Revenue For Climate Solutions

LATEST INFORMATION:

Signup for Crop Insurance Discount Program for Cover Crops Extended to Jan. 27

Opportunity exists in Iowa agriculture

USDA Invests Nearly $4.7 Million in Wetland Mitigation Banks

Farmers tap creativity to address big challenges facing Iowans, agriculture

UPCOMING EVENTS:

Jan. 25 – Iowa Learning Farms Conservation Webinar – Webinar

Jan. 26 – Conservation on Tap – Davenport

Jan. 31 – Creating Space for Pollinator and Beneficial Insect Habitat on Small Urban Farms – Webinar

Jan. 31 – Feb. 2 – Iowa Ag Expo – Sign-up or Renew Your Iowa Corn Growers Association Membership and Receive an Exclusive Iowa Corn Parts Bowl – Booth #852

Feb. 7 – Thinking Through Cover Crops: How to Set Goals, Design Optimal Seed Mixes and Minimize Costs – Webinar

Feb. 8 – Highlights from a Decade of INRC Research & Impacts: Saturated Buffers – Ames & Webinar

Feb.11 – What Are the Key Ingredients to Developing a Thriving Conservation Culture? – Clarion

Numerous Opportunities – Confinement Site Manure Applicator Certification

Numerous Opportunities – Private Pesticide Applicator Continuing Instruction Course

Numerous Opportunities – Commercial Ag Weed, Insect, and Plant Disease Management Continuing Instruction Course

FARMER TO FARMER VIDEO

Hear from Brad McDonald, with Continuum Ag, share about the benefits and challenges faced with the carbon market.

Related Articles

News & UpdatesStewardship Advocate
2024 June Stewardship Advocate
July 2, 2024
2024 June Stewardship Advocate

In this month's edition of Stewardship Advocate the Iowa Corn Promotion Board, Iowa Soybean Association, and the Iowa Agriculture Water Alliance are leading a statewide push toward a national cover crop goal of 30 million acres.

Stewardship Advocate
Default news thumbnail
June 3, 2024
2024 May Stewardship Advocate

This month’s Stewardship Advocate is partially adapted from an article from the Illinois Corn Growers Association entitled “A Farmer’s Guide to the GREET model”. Recently, there has been a lot of information and confusion about the GREET model, especially as it relates to tax credits like 45Z and 40B.