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Wednesday, September 13, 2023

FFAR Renews ESMC Partnership to Grow Market Program

The Foundation for Food & Agriculture Research Tuesday announced the renewal of its partnership with Ecosystem Services Market Consortium, or ESMC. The foundation awarded $10.3 million in 2019 to ESMC to support its research arm, matched by ESMC for a total of $20.6 million. That research resulted in Eco-Harvest, launched in May 2022. Eco-Harvest is an ecosystem services market program that financially rewards participating producers for using regenerative agriculture practices that generate beneficial environmental outcomes. Eco-Harvest program regions include the corn and soy belt, Northern Great Plains, Southern Great Plains, Southeast and Great Lakes regions for corn, soy, wheat, oats and alfalfa cropping systems. FFAR announced an investment of $5.15 million for additional research, and ESMC is matching the award for a total $10.3 million. ESRC will conduct the research, development, demonstration and deployment activities that facilitate Eco-Harvest participating in all major U.S. agricultural regions. FFAR’s Dr. LaKisha Odom says, “These practices are critical in protecting farmers’ livelihoods and the environment, while increasing productivity.”