"High-integrity voluntary carbon markets offer a promising tool to create new revenue streams for producers and achieve greenhouse gas reductions from the agriculture and forest sectors," Vilsack said. "However, a variety of barriers have hindered agriculture's participation in voluntary carbon markets and we are seeking to change that by establishing a new Greenhouse Gas Technical Assistance Provider and Third-Party Verifier Program."
The program is authorized under the Growing Climate Solutions Act (GCSA), part of the Consolidated Appropriations Act of 2023. As part of USDA's implementation of the GCSA, in October 2023 the Department published A General Assessment of the Role of Agriculture and Forestry in the U.S. Carbon Markets (PDF, 1.7 MB), a comprehensive look at current market activity, barriers to participation, and opportunities to improve access to high-integrity carbon markets for farmers, ranchers, and private forest landowners.
Establishing the new Greenhouse Gas Technical Assistance Provider and Third-Party Verifier Program is the next step in implementing the GCSA. The new program would facilitate better technical assistance by providing a list of qualified technical assistance providers and third-party verifiers who work with producers to generate credible carbon credits, enabling USDA to share trusted information and reduce market confusion. USDA would also list widely accepted voluntary carbon credit protocols designed to ensure consistency, reliability, effectiveness, efficiency, and transparency.
"By adopting science-based practices to reduce emissions or sequester carbon on their land, farmers, ranchers, and private forest landowners can access a new income stream through carbon credit sales while also combatting climate change," said USDA Under Secretary for Marketing and Regulatory Programs Jenny Lester Moffitt. "USDA is now seeking to gather information about the protocols used in carbon credit markets as we work to best support the agricultural industry's participation in carbon credit programs. Public input will be invaluable as we develop the structure of these new resources."
USDA's Request for Information will publish in the Federal Register on May 29, 2024 and is seeking feedback on provisions of the GCSA including:
- Options for interpreting and applying criteria used to evaluate protocols that are designed to ensure consistency, reliability, effectiveness, efficiency, and transparency.
- Information pertaining to specific protocols to be evaluated for inclusion in the program.
- Qualifications needed by covered entities who provide technical assistance to farmers, ranchers, or private forest landowners.
- Qualifications needed by covered entities who serve as third party verifiers of processes described in protocols for voluntary environmental credit markets.
Interested parties may submit comments during the 30-day public comment period at www.regulations.gov.
Following this request for information USDA will also seek industry participation in an advisory committee to further inform the development of this and related programs. For more information about the Greenhouse Gas Technical Assistance Provider and Third-Party Verifier Program, visit www.ams.usda.gov/services/GCSA or contact Sasha Strohm, Program Manager, at sasha.strohm@usda.gov or 202-720-5705.
USDA touches the lives of all Americans each day in so many positive ways. In the Biden-Harris administration, USDA is transforming America's food system with a greater focus on more resilient local and regional food production, fairer markets for all producers, ensuring access to healthy and nutritious food in all communities, building new markets and streams of income for farmers and producers using climate smart food and forestry practices, making historic investments in infrastructure and clean energy capabilities in rural America and committing to equity across the department by removing systemic barriers and building a workforce more representative of America. To learn more, visit www.usda.gov.
USDA is an equal opportunity provider, employer, and lender.
Contact: USDA Press
Email: press@usda.gov
