top of page

The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

FoodBev Media Logo
Nov - Food Bev - Website Banner - TIJ vs TTO 300x250.gif
Access more as a FoodBev subscriber

Sign up to FoodBev and unlock more insights from the international food and beverage industry. Subscribers have access to webinars, newsletters, publications and more...

Phoebe Fraser

Phoebe Fraser

28 September 2022

USDA announces investment in climate-smart commodities

USDA announces investment in climate-smart commodities

The US Department of Agriculture (USDA) has announced plans to invest up to $2.8 billion in funding under the first pool of the Partnerships for Climate-Smart Commodities. The announcement was made by agriculture secretary, Tom Vilsack, who said the USDA will support 70 climate-smart commodities and rural projects with the funds. According to the USDA, the initial projects will "expand markets for climate-smart commodities, leverage the greenhouse gas benefits of climate-smart commodity production and provide direct, meaningful benefits to production agriculture, including for small and underserved producers". Vilsack said: “There is strong and growing interest in the private sector and among consumers for food that is grown in a climate-friendly way. USDA is delivering on our promise to build and expand these market opportunities for American agriculture and be global leaders in climate-smart agricultural production. This effort will increase the competitive advantage of US agriculture both domestically and internationally, build wealth that stays in rural communities and support a diverse range of producers and operation types.” $1 billion has already been allocated for the programme, divided into two funding pools. Due to unprecedented demand and interest, the Biden-Harris administration increased the total funding allocation to more than $3 billion. Projects from the second funding pool will be announced later this year.

Tetra Pak | Leaderboard
bottom of page