Incentivizing Farmers to Adopt Conservation Practices
Climate change is threatening food security and farmer livelihoods. The agriculture sector contributes 9.3 percent of US greenhouse gas (GHG) emissions; however, the National Academies of Sciences estimates that the accelerated adoption of existing and imminent climate-smart solutions could reduce GHG emissions to negative 4 percent. We must act now to adopt practices that mitigate the effects of climate change.
One way to increase adoption of these sustainable practices is through an ecosystem services market, which incentivizes farmers and ranchers who adopt practices that improve soil health and water usage and reduce GHG emissions.
We funded the ESMRC, the research arm of the Ecosystem Services Market Consortium, to provide the research necessary to create a scaled, efficient, cost-effective marketplace that works for farmers and ranchers.
Our contribution to ESMRC is matched by our partners at the General Mills Foundation, McKnight Foundation, Noble Research Institute, United Soybean Board, US Department of Agriculture’s Natural Research Conservation Service and the Walton Family Foundation.
ESMRC Awarded Grants
Scaling Quantified and Verified Soil Health, Climate and Natural Resources Outcomes from U.S. Agriculture in an Innovative Ecosystem Services Market Program
Matching Funders Noble Research Institute, General Mills Foundation, McKnight Foundation, Walton Family Foundation, US Department of Agriculture's Natural Research Conservation Service, United Soybean Board