Using Crop Insurance Regimes to Incentivize Lower Agriculture Emissions
MCLI Recommendation: “The Federal Crop Insurance Corporation should consider the climate impact of practices when establishing policies and premiums.”
LPDD Recommendation: “Congress should offer subsidized federal crop insurance to farmers who voluntarily implement best management practices for nitrogen use efficiency.”
LPDD Recommendation: “The Federal Crop Insurance Corporation should require publicly funded crop insurance policies to treat GHG-intensive practices as risk-enhancing and reduce or eliminate their premium subsidies accordingly.”
LPDD Recommendation: “USDA’s Risk Management Agency should ensure that its crop insurance policies do not interfere with cover cropping or other proven decarbonizing practices or conversely encourage less beneficial practices.”
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3 resources
Congressional Research Service report, Federal Crop Insurance Background
The Congressional Research Services 2015 report on the Federal Crop Insurance program outlines the program’s history, types of insurance, costs, and recent changes.
Good Farming Practice Determination Standards Handbook
The 2016 Good Farming Practice Determination Standards Handbook, for the first time, stated that practices promoted by the USDA’s Natural Resources Conservation Service would generally be recognized a...
Report, Climate Change and Federal Crop Insurance
Marzan and Ballard’s 2016 report examines the present risk of climate change in agriculture and discusses recent steps taken to address climate change in agriculture in general, specifically within th...
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