Biden-Harris Administration Makes Available Historic $3 Billion for Climate-Smart Practices on Agricultural Lands Through Investing in America Agenda
The U.S. Department of Agriculture (USDA) is making more than $3 billion in funding available for agricultural producers and forest landowners nationwide to participate in voluntary conservation programs and adopt climate-smart practices in Fiscal Year 2024 as part of President Biden’s Investing in America agenda. The announcement comes as the Biden-Harris Administration hosts the first-ever White House Climate Resilience Summit
These funds are provided by President Biden’s Inflation Reduction Act – the largest climate and conservation investment in history. This law invests an additional $19.5 billion for USDA’s popular conservation programs. These programs also advance the President’s Justice40 Initiative, which aims to ensure 40 percent of the overall benefits of certain climate, clean energy, and other federal investments reach disadvantaged communities that have been marginalized by underinvestment and overburdened by pollution. On the heels of last week’s announcement that USDA’s Natural Resources Conservation Service (NRCS) saw record producer interest in these resources in fiscal year 2023, the agency is now accepting applications from producers interested in this additional conservation assistance for fiscal year 2024.
These additional investments are estimated to help hundreds of thousands of farmers and ranchers apply conservation to millions of acres of land. These funds provide direct climate mitigation benefits, advance a host of other environmental co-benefits, and expand access to financial and technical assistance for producers to advance conservation on their farm, ranch or forest land through practices like cover cropping, conservation tillage, wetland restoration, prescribed grazing, nutrient management, tree planting and more.
USDA is opening up the application period for FY2024 conservation assistance giving producers the opportunity to apply for this historic funding. However, in the event of a lapse in government funding, technical assistance, one-on-one help in answering questions, and other support for producers in navigating the application process would not be immediately available until the funding lapse ends. In the event of a funding lapse, NRCS would notify producers when staff are available to assist.
Learn more by clicking here.