Growing Value For Producers Through Increased Access To Markets For Climate Smart Commodities
Wallace Center’s Growing Value for Producers Through Increased Access to Markets for Climate Smart Commodities project will create and implement a farmer-friendly system that:
- Collaborate with institutions serving a range of producers to support adoption of climate smart practices and interact with commodity buyers in the market;
- Generates producer-owned agricultural greenhouse gas certificates that are quantified, verified, issued and tracked on a fully-digital agriculture registry platform, and that can be monetized by producers through commodity markets for corporate buyers to achieve and substantiate supply chain climate claims;
- Creates a runway of financial and technical support to producers to adopt practices and participate in the market through the sale of certificates;
- Minimizes transaction costs to farmers through producer-friendly automated and efficient greenhouse gas quantification, data collection, and verification processes; and
- Is nationally scalable for all producers, commodities, and practices across the U.S.
This project will incentivize producers to adopt Natural Resources Conservation Service or equivalent practices on 50,000 new acres, increasing environmental benefits achieved on U.S. farms. Wallace Center will collaborate with the Intertribal Agriculture Council and Riceland Foods to engage two very distinct producer groups, creating a strong foundation for post-pilot national scalability.
Photo provided courtesy of Intertribal Ag Council.
Years Active: 2023 – 2028
Support for this project is provided by the U.S. Department of Agriculture Natural Resources and Conservation Service.