Posted 10/23/2023, 6:19:44 PM
USDA Report Examines Barriers and Solutions for Farmer Participation in Carbon Markets
- USDA releases assessment on role of agriculture and forestry in carbon markets, a key deliverable under Growing Climate Solutions Act
- Report identifies opportunities and needed solutions to improve farmer access to carbon markets
- Barriers include high transaction costs, lack of returns on investment for farmers
- USDA will look at fostering confidence and participation in carbon markets through sound science
- Next steps include potential creation of greenhouse gas technical assistance program for producers