The USDA Announces 70 Climate-Smart Commodities Partnerships for First Pool of $3B Commitment
The USDA has announced its choices for 70 projects to be included in the first pool of the $2.8 billion Partnerships for Climate-Smart Commodities funding commitment.
These initial projects will benefit from the USDA’s decision to invest in pilots that create market opportunities for American commodities produced using climate-smart practices.
Of the 450 applicants seeking between $5 million - $100 million from this first tranche of funding, which will be delivered through the USDA’s Commodity Credit Corporation, 70 were chosen based on a range of criteria including greenhouse gas and/or carbon sequestration benefits and equity.
A few of the awarded projects include: ADM and Partners’ Climate-Smart Solutions; the U.S. Climate-Smart Cotton Program; Horizon II: A Climate-Smart Future for Corn, Soybean, Livestock, and Renewable Natural Gas Production; the National Sorghum Producers Partnerships for Climate-Smart Commodities Project; and the Tyson Foods, Inc. Climate-Smart Commodities Project.
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