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USDA Office of Environmental Markets Moving Forward
New details have been announced about the functions and objectives of USDA's Office of Environmental Markets, now part of USDA's Natural Resources and Environment mission area. In making the announcement, Secretary of Agriculture Tom Vilsack said we will - work to carry out USDA's climate and rural revitalization goals by supporting the development of emerging markets for carbon, water quality, wetlands and biodiversity.

The 2008 Farm Bill's Conservation Title directs the Secretary to facilitate the development of environmental markets and ensure the participation of America's farmers, ranchers, and forest landowners. As set forth in the Farm Bill, OEM will work across government and in consultation with experts and stakeholders to build a market-based system for quantifying, registering, and verifying environmental benefits produced by land management activities.

Vilsack pointed out that - environmental markets leverage private investments that result in cleaner air, improved water quality, restored wetlands, and enhanced wildlife habitat. Vilsack added - these markets have the potential to become a new economic driver for rural America, exactly what we need to support a bold, creative future for America's farmers, ranchers and rural communities.


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