Secretary Ed Schafer announced the intention to establish a new USDA Office of Ecosystem Services and Markets and the creation of a federal government-wide Conservation and Land Management Environmental Services Board to assist the Secretary of Agriculture in the development of new technical guidelines and science-based methods to assess environmental service benefits which will in turn promote markets for ecosystem services including carbon trading to mitigate climate change.
"Our Nation's farms, ranches and forests provide goods and services that are vital to society - natural assets we call "ecosystem services," said Schafer. "The Office of Ecosystem Services and Markets will enable America's agriculture producers to better compete, trade their services around the world, and make significant contributions to help improve the environment."
Agriculture producers provide many ecosystem services which have historically been viewed as free benefits to society - clean water and air, wildlife habitat, carbon storage, and scenic landscapes. Lacking a formal structure to market these services, farmers, ranchers and forest landowners are not generally compensated for providing these critical public benefits. Market-based approaches to conservation are proven to be a cost-effective method to achieve environmental goals and sustain working and natural landscapes. Without financial incentives, these ecosystem services may be lost as privately-owned lands are sold or converted to development.
"Our Nation's farms, ranches and forests provide goods and services that are vital to society - natural assets we call "ecosystem services," said Schafer. "The Office of Ecosystem Services and Markets will enable America's agriculture producers to better compete, trade their services around the world, and make significant contributions to help improve the environment."
Agriculture producers provide many ecosystem services which have historically been viewed as free benefits to society - clean water and air, wildlife habitat, carbon storage, and scenic landscapes. Lacking a formal structure to market these services, farmers, ranchers and forest landowners are not generally compensated for providing these critical public benefits. Market-based approaches to conservation are proven to be a cost-effective method to achieve environmental goals and sustain working and natural landscapes. Without financial incentives, these ecosystem services may be lost as privately-owned lands are sold or converted to development.
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