Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Active vs passive mutual funds: Why fewer Indian fund managers beat passive rivals over the long term
    • SBI Mutual Fund Achieves 10% Growth in AUM to Rs 13.1 Lakh Crore; H1 Profit Rises 11%, ETCFO
    • Alphabet’s Plunge Shows the Flip Side of Uncapped Sector ETFs
    • Manulife Investments Launches New Global Growth Strategy and New Mutual Funds with Global Dividend, All-Equity, and All-Fixed Income Portfolios for Investors
    • Franklin Templeton Just Launched ETFs That Turn Stock Dividends Into Bitcoin. Is That a Smarter Way to Own BTC?
    • Is Diamond Hill Large Cap Fund A (DHLAX) a Strong Mutual Fund Pick Right Now?
    • Covered-call ETFs: why high payouts do not always mean high returns
    • Check latest update on Mutual Funds from SEBI Chairman Tuhin Kanta Pandey; to be implemented from Nov 1 | What he said
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Investments»Illinois Increases Investments in Climate Smart Agriculture Practices
    Investments

    Illinois Increases Investments in Climate Smart Agriculture Practices

    August 16, 2024


    SOIL HEALTH …

    US EPA grant provides incentives for strip till, no-till and cover crops

    PUBLISHED ON August 16, 2024

    With an $111 million investment in the ag sector through a U.S. EPA (USEPA) Climate Pollution Reduction Grant, IDOA will receive $73 million for climate smart ag practices and IEPA $38 million for electrification of small engines. (Jason Johnson, NRCS)

    SPRINGFIELD, Ill. — The Illinois Department of Agriculture (IDOA) in partnership with Illinois Environmental Protection Agency (IEPA) announced an $111 million investment in the ag sector through a U.S. EPA (USEPA) Climate Pollution Reduction Grant. Building on existing federal and state initiatives, this unprecedented opportunity provides farmers with the sustainability and security needed to make long-term on-farm decisions. U.S. EPA announced the full grant totaling more than $430 million over five years last month.

    Through this program, IDOA will receive $73 million for climate smart ag practices and IEPA $38 million for electrification of small engines. These dollars will be distributed over a five-year period. Funded projects are intended to improve soil health, reduce erosion and improve air quality.

    “When I signed the Climate and Equitable Jobs Act, I did it knowing that we could not move into a clean energy future without ensuring that no one was left behind—and with this grant award, the Biden-Harris administration has made it clear that their priorities are the same,” said Governor JB Pritzker. “This grant will fund clean buildings, agriculture, and transport, and further position Illinois as the hub for smart, clean development that we have strived to become.”

    “These investments in soil health management ensure Illinois’ fertile ground is productive for our future generations of farmers,” said Jerry Costello II, Director of the Illinois Department of Agriculture. “This five-year infusion of resources provides certainty for growers looking to make sustainable changes to their operations.”

    These dollars build upon local, regional and statewide programs and established networks led by the Illinois Department of Agriculture including:

    • Under the Pritzker administration, the Fall Covers for Spring Savings Cover Crop Program has provided over $1.4 million in crop insurance rebates to 2,150 farmers using cover crops. This program’s demand has historically outpaced dollars available.
    • Partnering with USDA NRCS, IDOA is investing $12.6 million for 40 frontline Conservation Planners throughout the state.
    • Through USDA NRCS Regional Conservation Partnership Program grants, the state has leveraged $5.2 million in state dollars for $17.5 million for climate smart conservation practices state-wide.
    • The Soil Health Initiative enacted by the legislature and signed by Governor Pritzker created a framework for improving soil heath in Illinois by increasing cover crops, strip till, no till and erosion and sediment control practices all while advancing the goals of the Nutrient Loss Reduction Strategy.
    • IDOA’s partnership with Saving Tomorrow’s Agriculture Resources (STAR) offers several benefits to farmers and landowners regarding nutrient management, soil health, water quality, cost savings and sustainability.
    • Illinois Nutrient Research Education Council has provided over $32 million towards academic research projects focused on nutrient utilization, increased crop production and water quality.

    — State of Illinois



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Google says its investments in AI are driving more searches

    October 28, 2026

    Purpose Investments Inc. Announces Final October 2026 Distribution Rate for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund

    October 28, 2026

    GCP Infrastructure Investments (GCP) Completes Buyback of 200,000 Shares at 81.43p VWAP

    October 28, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Axis Trusteeship issues notice to Yes Bank to restore/ reactivate AT-1 bonds

    October 29, 2026

    Alphabet’s Plunge Shows the Flip Side of Uncapped Sector ETFs

    October 29, 2026

    Franklin Templeton Just Launched ETFs That Turn Stock Dividends Into Bitcoin. Is That a Smarter Way to Own BTC?

    October 29, 2026

    AI’s Energy Boom Could Give Green Bonds a New Lease on Life

    October 28, 2026
    Don't Miss
    Mutual Funds

    Active vs passive mutual funds: Why fewer Indian fund managers beat passive rivals over the long term

    October 29, 2026

    Active equity mutual funds in India have outperformed passive alternatives in several categories over shorter…

    SBI Mutual Fund Achieves 10% Growth in AUM to Rs 13.1 Lakh Crore; H1 Profit Rises 11%, ETCFO

    October 29, 2026

    Alphabet’s Plunge Shows the Flip Side of Uncapped Sector ETFs

    October 29, 2026

    Manulife Investments Launches New Global Growth Strategy and New Mutual Funds with Global Dividend, All-Equity, and All-Fixed Income Portfolios for Investors

    October 29, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Here’s what’s at stake in the 2024 Frisco ISD bond, tax rate elections

    October 22, 2024

    Shaktikanta Das says sovereign green bonds trading at IFSC to commence in 2nd half of fiscal year

    August 10, 2024

    X User Advising People To Invest In SIPs Instead Of Buying Car Sparks Debate

    October 16, 2024
    Our Picks

    Active vs passive mutual funds: Why fewer Indian fund managers beat passive rivals over the long term

    October 29, 2026

    SBI Mutual Fund Achieves 10% Growth in AUM to Rs 13.1 Lakh Crore; H1 Profit Rises 11%, ETCFO

    October 29, 2026

    Alphabet’s Plunge Shows the Flip Side of Uncapped Sector ETFs

    October 29, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.