Contact: Meshal DeSantis

WASHINGTON, D.C. (August 16, 2022) — The Inflation Reduction Act, now signed into law, is the most significant investment in the fight against climate change in decades and one the White House should build upon by focusing on environmental justice and the ongoing wildlife crisis.

“The historic Inflation Reduction Act underscores that we do not need to choose between confronting the climate crisis and lowering costs for families. The Inflation Reduction Act sets America on a new path to a clean energy future by reducing pollution, creating good jobs, and achieving energy independence,” said Collin O’Mara, president and CEO of the National Wildlife Federation Action Fund. “The Inflation Reduction Act is the most significant climate legislation in decades — and a strong foundation for future efforts on environmental justice and wildlife conservation. President Biden and his administration should take this moment not only to celebrate, but also to recommit and refocus on addressing the environmental injustice and wildlife crises.”

Climate-Smart Agriculture in the Inflation Reduction Act

The Inflation Reduction Act includes a nearly $20 billion investment in climate smart ag and farm bill conservation programs that will sequester carbon, reduce emissions, support rural communities, create benefits for soil, water, and wildlife. This is a historic, once in a generation investment in Farm Bill conservation programs and climate-smart agriculture that includes the following:

• Environmental Quality Incentives Program: $8.45 billion
• Conservation Stewardship Program: $3.25 billion
• Regional Conservation Partnership Program: $4.95 billion
• Agricultural Conservation Easement Program: $1.4 billion
• Conservation Technical Assistance: $1 billion
• Carbon Sequestration and GHG emissions quantification program: $300 million
• Administrative costs: $100 million