Press Release
☷Biden Harris Administration announces $145M from Investing in America agenda to help landowners access climate markets
U.S. Department of Agriculture ( By Press Release office)
Mar 15,2024
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Today , the USDA Forest Service announced that they are investing nearly $145 million from President Biden’s Inflation Reduction Act to help forest landowners connect with emerging climate markets . The announcement was made by USDA’s Under Secretary for Natural Resources and Environment , Dr . Homer Wilkes , at the Rural Life Conference at the University of Arkansas Pine Bluff . Agriculture Secretary Tom Vilsack emphasized the importance of private landowners in the fight against climate change and highlighted the economic benefits for rural communities . The funding will support projects to provide access to climate markets for underserved landowners , with a focus on equity and inclusion . In Arkansas , organizations like the Center for Heirs’ Property Preservation and the U . S . Endowment for Forestry and Communities will receive funding to help landowners address heirs’ property issues and access climate markets . This initiative also aligns with President Biden’s Justice40 Initiative , aiming to ensure that benefits from federal investments reach disadvantaged communities . These investments also support the President ' s America the Beautiful initiative , which is helping local conservation efforts across the country . States and territories can access an additional $29 million for technical assistance programs , and proposals for projects up to $2 million are still being accepted . The Forest Service is offering at least $20 million for Tribes and Alaska Native communities to access climate markets . More information can be found at Grants . gov . USDA is working to transform America ' s food system under the Biden - Harris Administration , focusing on local and regional food production , fair markets , access to healthy food , and climate - smart practices . Visit www . usda . gov to learn more . #USDA is committed to equity and is an equal opportunity provider , employer , and lender .
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