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ARTICLE · 12 MARCH 2022

$1 Billion Available For "Climate-Smart" Commodities

USDA recently announced details of its "Partnerships for Climate-Smart Commodities" program, the funding of which will be awarded in two grant cycles.

United StatesGovernment, Public Sector

USDA recently announced details of its "Partnerships for Climate-Smart Commodities" program, the funding of which will be awarded in two grant cycles. The first set of proposals for asks between $5-$100MM is due April 8, 2022, and the second deadline(for projects carrying a price tag between $250,000-$4.9MM is May 27, 2022. However, USDA officials recently hinted that those deadlines might receive an extension given the interest in the program.

Pilot projects that are funded (spanning 1-5 years) will be those that are geared toward providing technical and financial assistance to producers who implement (or who have implemented -- more on that later) climate-smart practices voluntarily on working lands as well as methods for quantification, monitoring and verification of GHG reductions and/or carbon sequestration. Eligible commodities is broadly defined across the entire agricultural and forestry sector, including milk!!

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