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The Conservation Reserve Program (CRP) is a cost-share and rental payment program of the United States Department of Agriculture (USDA). Under the program, the government pays farmers to take certain agriculturally used croplands out of production and convert them to vegetative cover, such as cultivated or native bunchgrasses and grasslands, wildlife and pollinators food and shelter plantings ...
The Acreage Reserve Program, for wheat, corn, rice, cotton, peanuts, and several types of tobacco, allowed producers to retire land on an annual basis in crop years 1956 through 1959 in return for payments. The Conservation Reserve Program allowed producers to retire cropland under contracts of 3, 5, or 10 years in return for annual payments.
USDA's Farm Service Agency encourages agricultural producers and landowners interested in conservation opportunities for their land in exchange for yearly rental payments to consider the ...
For example, the world's largest and longest running PES program is the United States' Conservation Reserve Program, [3] which pays about $1.8 billion a year under 766,000 contracts with farmers and landowners to "rent" a total 34,700,000 acres (140,000 km 2) of what it considers "environmentally-sensitive land."
Conservation finance is the practice of raising and managing capital to support land, water, and resource conservation. [1] Conservation financing options vary by source from public, private, and nonprofit funders; by type from loans, to grants, to tax incentives, to market mechanisms; and by scale ranging from federal to state, national to local.
In the United States the Conservation Reserve Program offers annual payments for 10-15 year contracts to participants who establish grass, shrub and tree cover on environmentally sensitive lands. It was reauthorized in the 1996 Farm Bill and the 2002 Farm Bill .
Long title: An Act to extend and revise agricultural price support and related programs, to provide for agricultural export, resource conservation, farm credit, and agricultural research and related programs, to continue food assistance to low-income persons, to ensure consumers an abundance of food and fiber at reasonable prices, and for other purposes.
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