USDA and Environmental markets
USDA and Environmental Markets >>
The Food, Conservation, and Energy Act of 2008 (often referred to as the 2008 Farm Bill) directed USDA to facilitate the participation of American farmers, ranchers, and forest landowners in environmental markets.
Since 2008, USDA established the Office of Environmental Markets, supported market development across the country through NRCS Conservation Innovation Grants, produced papers on the economics of markets at ERS, and developed tools and resources to help landowners participate in markets, among other activities.
Below is a summary of some of the environmental market activities at USDA.
Learn More: Markets Across the Department >>
Agricultural Research Service >>
ARS helps provide the scientific expertise needed to develop tools and models to quantify ecosystem services generated from conservation practices on farms and forests.
Economic Research Service >>
ERS develops reports exploring components of environmental market design, potential benefits and challenges with environmental markets, and ways to increase the participation of private landowners in environmental markets.
Forest Service >>
The Forest Service explores national opportunities to advance markets and payments for ecosystem services to increase conservation and stewardship of forestlands. Forest Service develops tools for forest analysis, manages for ecosystem services on forestlands, and works with partners to invest in forest management through payments for ecosystem services programs.
Natural Resources Conservation Service >>
NRCS provides financial support for environmental markets through the Conservation Innovation Grant Program, develops tools and data necessary to quantify and estimate ecosystem services generated through land management activities, and can provide outreach on market opportunities.
NIFA provides funding for environmental market related research, including water quantity trading and environmental and resource economics.
Office of Environmental Markets >>
The Office of Environmental Markets coordinates environmental market activities across USDA, and helps to develop the tools, resources, and information necessary for farmers, ranchers, and forest landowners to participate in environmental markets.