Agriculture Secretary Tom Vilsack today announced new details about the functions and objectives of USDA's Office of Environmental Markets (OEM). OEM, now part of USDA's Natural Resources & Environment mission area, 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 by Congress 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.
Source: Feedstuffs
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