On IRA’s One Year Anniversary, the Top 5 Things to Know About the Historic Investment in Climate-Friendly Agriculture
Just over a year ago, President Joe Biden signed the Inflation Reduction Act (IRA) into law. The culmination of years of work, the IRA invested nearly $ 20 billion in climate-friendly agriculture practices. As an organization that represents small and midsized-farmers across the nation, it is difficult to overstate the transformative potential of this funding to support all farmers in building vibrant and productive farms that can contribute to a climate-resilient future.
A year later, however, as Congress stares down the 2023 Farm Bill reauthorization, the future of this historic climate-focused funding is uncertain. While the U.S. Department of Agriculture’s (USDA) Natural Resources Conservation Service (NRCS) has been rolling out IRA’s fiscal year (FY) 2023 funding to farmers and ranchers across the country, some in Congress have begun to consider using the upcoming farm bill reauthorization as an opportunity to …