WASHINGTON, April 4, 2024 – The Food and Agriculture Climate Alliance (FACA) applauds the Environmental Protection Agency’s decision to support agricultural climate solutions through the newly established $14 billion National Clean Investment Fund announced earlier today. This decision will deploy billions of dollars in catalytic capital and rapidly accelerate new private investments into agriculture that can mitigate climate change and build resilience to more challenging growing conditions on farms.
We appreciate EPA’s engagement with FACA to bring agriculture to the table during the agency’s consideration of what types of projects could qualify for this new funding, and we appreciate the FACA members who worked together with many others in the Agriculture Finance Sustainability Coalition to partner on a successful proposal to bring these investments to farmers and ranchers across the country. We look forward to seeing how these new investments will support farmers as they continue to voluntarily adopt practices and tools that harness renewable energy, reduce or remove emissions from production systems, and improve climate outcomes.
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