How is NRCS implementing the Inflation Reduction Act?
The Inflation Reduction Act (IRA) of 2022 is an historic investment in climate and conservation agriculture. Chief Cosby’s position is that “the first priority is to ensure that equity is present in the delivery and implementation of all NRCS programs and services.” NRCS has developed an IRA Implementation Strategy that incorporates Equity into methodology for program outreach and delivery. The IRA investment of $20 billion falls within traditional working lands conservation programs, or programs that are designed to support producers making changes to their operations that improve conservation outcomes on their farms. The IRA funds four key conservation programs: the Conservation Stewardship Program (CSP), the Environmental Quality Incentives Program (EQIP), the Agricultural Conservation Easement Program (ACEP), and the Regional Conservation Partnership Program (RCPP).
For more information:
- USDA press release – “USDA Announces New Opportunities to Improve Nutrient Management: Historic funding from Inflation Reduction Act an unprecedented investment in American agriculture”
- Congressional Research Service Insight – “Inflation Reduction Act: Agricultural Conservation and Credit, Renewable Energy, and Forestry”
- White House fact sheet – “Inflation Reduction Act Advances Environmental Justice”
- White House fact fheet – “How the Inflation Reduction Act Helps Rural Communities”