Biden-Harris Administration announces $145M from Investing in America agenda to help landowners access climate markets
March 15, 2024
The U.S. Department of Agriculture announced that the USDA Forest Service is investing nearly $145 million from President Biden’s Inflation Reduction Act—the largest climate investment in history—to connect forest landowners with emerging climate markets as part of the Investing in America agenda.
USDA’s Under Secretary for Natural Resources and Environment, Dr. Homer Wilkes, made the announcement at the Rural Life Conference at the University of Arkansas Pine Bluff (UAPB), which is receiving nearly $3.2 million thanks to funding from today’s announcement.
“The Biden-Harris Administration understands that private landowners are key in the fight for climate resilience and forest health,” said Agriculture Secretary Tom Vilsack. “These investments announced today will expand access to markets that were previously out-of-reach, allowing underserved and small-acreage forest landowners to address climate change, while also supporting rural economies and maintaining land ownership for future generations.”