The US Department of Agriculture will invest $300 million to improve measurement, monitoring, reporting, and verification of greenhouse gas emissions and carbon sequestration in agriculture and forestry. The investment is part of President Biden’s Investing in America agenda and will support the Federal Strategy to Advance Greenhouse Gas Measurement and Monitoring for the Agriculture and Forest Sectors. The Inflation Reduction Act provided nearly $20 billion in overall investments to advance climate-smart agriculture and forestry practices. The investment aims to achieve a 50-52% reduction in greenhouse gas emissions by 2030 compared to 2005 levels. USDA has identified seven key focus areas to improve accuracy and reduce uncertainty in greenhouse gas estimates. The investment will strengthen the Greenhouse Gas Inventory and Assessment Program of USDA and enhance overall confidence in these estimates.
Resource: https://esgnews.com/usda-commits-300-million-to-measuring-farm-emissions/