,,ii #aaf? ,,congress #b;d ,session ,s4 #chid ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,june #d1 #bjbj,mr4 ,braun 7= himself1 ,ms4 ,/ab5[1 ,mr4 ,graham1 & ,mr4 ,:iteh\se7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ,a ,,bill ,to au?orize ! ,secret>y ( ,agriculture to develop a program to r$uce b>ri]s to entry = f>m]s1 ran*]s1 & private =e/ l&[n]s 9 c]ta9 private m>kets1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,gr[+ ,climate ,solutions ,act ( #bjbj4 #b4 ,gre5h\se gas te*nical assi/ance provid] & ?ird-p>ty v]ifi] c]tification program ,*apt] #e ( subtitle ,d ( title ,,xii ( ! ,food ,security ,act ( #aihe is am5d$ by ins]t+ aft] section #abdj,m 7#af ,u4,s4,c4 #chci;bb7 ! foll[+3 #abdj,n4 ,gre5h\se gas te*nical assi/ance provid] & ?ird-p>ty v]ifi] c]tification program 7a7 ,purposes ,! purposes ( ?is section are-- 7#a7 to enc\rage su/a9able1 climate-fri5dly f>m+ & =e/ry practices by provid+ to f>m]s1 ran*]s1 & private =e/ l&[n]s access to private-sector capital2 7#b7 to facilitate ! p>ticipation ( f>m]s1 ran*]s1 & private =e/ l&[n]s 9 gre5h\se gas cr$it m>kets1 includ+ ?r\gh ! ,program2 7#c7 to provide te*nical assi/ance to f>m]s1 ran*]s1 & private =e/ l&[n]s 9 ov]com+ b>ri]s to entry into gre5h\se gas cr$it m>kets2 7#d7 to assi/ cov]$ entities 9 regi/]+ "u ! ,program2 & 7#e7 to e/abli% ! ,advisory ,c\ncil to advise ! ,secret>y reg>d+ ! ,program & o!r relat$ matt]s4 7b7 ,def9itions ,9 ?is section3 7#a7 ,advisory ,c\ncil ,! t]m ,advisory ,c\ncil means ! ,gre5h\se ,gas ,te*nical ,assi/ance ,provid] & ,?ird-,p>ty ,v]ifi] ,c]tification ,program ,advisory ,c\ncil e/abli%$ "u subsection 7g77#a74 7#b7 ,cov]$ entity ,! t]m cov]$ entity means a p]son or ,/ate t-- 7,a7 is a provid] ( a te*nical assi/ance to f>m]s1 ran*]s1 or private =e/ l&[n]s 9 c>ry+ out su/a9able l& use managem5t practices t1 z comp>$ to traditional practices-- 7i7 prev5t or mitigate gre5h\se gas emissions2 or 7ii7 seque/] c>bon2 or 7,b7 is a ?ird-p>ty entity t conducts ! v]ification ( ! processes describ$ 9 protocols = gre5h\se gas cr$it m>kets4 7#c7 ,gre5h\se gas ,! t]m gre5h\se gas means-- 7,a7 c>bon dioxide2 7,b7 me?ane2 7,c7 nitr\s oxide2 & 7,d7 any o!r gas t ! ,secret>y1 9 consultation ) ! ,advisory ,c\ncil1 det]m9es has be5 id5tifi$ to h heat trapp+ qualities4 7#d7 ,program ,! t]m ,program means ! ,gre5h\se ,gas ,te*nical ,assi/ance ,provid] & ,?ird-,p>ty ,v]ifi] ,c]tification ,program e/abli%$ "u subsection 7c74 7#e7 ,protocol ,! t]m protocol means a sy/ematic approa* t foll[s a sci5ce-bas$ me?odology t is cons]vative1 transp>5t1 & ?or\gh to e/abli% requirem5ts-- 7,a7 = ! developm5t ( ! #a or m basel9e sc5>ios = a project to r$uce gre5h\se gas emissions or seque/] c>bon2 & 7,b7 to quantify1 monitor1 report1 & v]ify emissions r$uctions or seque/ration by a project describ$ 9 subp>agraph 7,a74 7#f7 ,te*nical assi/ance ,! t]m te*nical assi/ance means te*nical exp]tise1 in=mation1 & tools necess>y = activities c>ri$ out "u ?is section4 7c7 ,e/abli%m5t ( program ,! ,secret>y %all e/abli% a volunt>y program1 to be kn[n z ! ,gre5h\se ,gas ,te*nical ,assi/ance ,provid] & ,?ird-,p>ty ,v]ifi] ,c]tification ,program1 to c]tify cov]$ entities t ! ,secret>y det]m9es meet ! /&>ds describ$ 9 subsection 7d74 7d7 ,/&>ds 7#a7 ,9 g5]al ,! ,secret>y1 9 consultation ) ! ,advisory ,c\ncil1 %all publi% a li/ & description ( /&>ds t accompli% ! purposes describ$ 9 p>agraphs 7#a7 & 7#b7 ( subsection 7a7 & are tak5 f widely us$ indu/ry protocols = gre5h\se gas cr$it m>kets 7includ+ calculations1 sampl+ me?odologies1 acc\nt+ pr9ciples1 sy/ems = v]ification1 monitor+1 & report+1 & me?ods to acc\nt = additionality1 p]man5ce1 & leakage1 :]e appropriate7 t cov]$ entities regi/]$ "u ! ,program %all ma9ta9 exp]tise 9 & adh]e to1 z appropriate1 =-- 7,a7 ! provision ( te*nical assi/ance to f>m]s1 ran*]s1 & private =e/ l&[n]s = c>ry+ out activities describ$ 9 p>agraph 7#b72 & 7,b7 ! v]ification ( ! processes describ$ 9 protocols = gre5h\se gas cr$it m>kets t are us$ 9 c>ry+ out activities describ$ 9 p>agraph 7#b74 7#b7 ,activities ,! activities ref]r$ to 9 p>agraph 7#a7 are curr5t & future activities t r$uce gre5h\se gas emissions or seque/] c>bon z comp>$ to traditional practices1 :i* may include-- 7,a7 l& or soil c>bon seque/ration2 7,b7 emissions r$uctions d]iv$ f fuel *oice or r$uc$ fuel use2 7,c7 live/ock emissions r$uctions1 includ+ emissions r$uctions a*iev$ ?r\gh fe$s & fe$ additives2 7,d7 on-f>m en]gy g5]ation1 includ+ fuel swit*+2 7,e7 en]gy fe$/ock production2 7,f7 f]tiliz] use emissions r$uctions2 7,g7 re=e/ation2 7,h7 =e/ managem5t1 includ+ improv+ h>ve/+ practices & ?9n+ diseas$ trees2 7,i7 avoidance ( ! conv]sion ( =e/s2 7,j7 grassl& managem5t1 includ+ prescrib$ graz+2 & 7,k7 su* o!r activities1 or comb9ations ( activities1 t ! ,secret>y1 9 consultation ) ! ,advisory ,c\ncil1 det]m9e to be appropriate4 7#c7 ,requirem5ts ,9 publi%+ ! li/ & description ( /&>ds "u p>agraph 7#a71 ! ,secret>y1 9 consultation ) ! ,advisory ,c\ncil1 %all-- 7,a7 ensure t ! /&>ds include all relevant in=mation relat+ to m>ket-bas$ protocols ) reg>d to-- 7i7 quantification2 7ii7 v]ifiability2 7iii7 additionality1 z comp>$ to a hi/orical basel9e2 & 7iv7 p]man5ce2 7,b7 ensure t ! /&>ds include requirem5ts = cov]$ entities regi/]$ "u ! ,program to demon/rate exp]tise 9 be/ managem5t practices = agricultural & =e/ry practices t increase c>bon seque/ration or r$uce gre5h\se gas emissions2 & 7,c7 p]iodically review & revise ! li/ & description1 z appropriate1 to include any additional /&>ds t meet ! requirem5ts describ$ 9 subp>agraphs 7,a7 & 7,b74 7e7 ,regi/ration & publication ( li/s 7#a7 ,regi/ration ,a cov]$ entity may self-regi/] "u ! ,program by submitt+ to ! ,secret>y1 ?r\gh a website ma9ta9$ by ! ,secret>y1 a notification t ! cov]$ entity w ma9ta9 exp]tise 9 & adh]e to ! /&>ds publi%$ by ! ,secret>y "u subsection 7d77#a74 7#b7 ,solicitation ,n lat] ?an #ahj days aft] ! date on :i* ! ,secret>y e/abli%es ! ,program1 ! ,secret>y %all publi%-- 7,a7 in=mation describ+ h[ cov]$ entities may self-regi/] "u ! ,program 9 accordance ) p>agraph 7#a72 7,b7 ! /&>ds publi%$ by ! ,secret>y "u subsection 7d77#a72 & 7,c7 in/ructions & sugge/ions to assi/ f>m]s1 ran*]s1 & private =e/ l&[n]s 9 access+ gre5h\se gas cr$it m>kets1 includ+-- 7i7 ?r\gh ! ,program2 & 7ii7 by provid+ in=mation relat+ to programs1 regi/ries1 & protocols ( programs & regi/ries t provide m>ket-bas$ p>ticipation opportunities = work+ & cons]vation agricultural & =e/ry l&s4 7#c7 ,publication ,n lat] ?an #a ye> aft] ! date on :i* ! ,secret>y e/abli%es ! ,program1 ! ,secret>y1 9 consultation ) ! ,advisory ,c\ncil1 %all use an exi/+ website ma9ta9$ by ! ,secret>y to publi%-- 7,a7 a li/ ( cov]$ entities t are regi/]$ "u p>agraph 7#a7 z v]ifi]s ( ! processes describ$ 9 protocols = gre5h\se gas cr$it m>kets2 & 7,b7 a li/ ( cov]$ entities t are regi/]$ "u p>agraph 7#a7 z te*nical assi/ance provid]s4 7#d7 ,updates ,n less frequ5tly ?an annually1 ! ,secret>y1 9 consultation ) ! ,advisory ,c\ncil1 %all update ! li/s publi%$ "u p>agraph 7#c74 7#e7 ,submission ,! ,secret>y %all submit ! li/ "u p>agraph 7#c71 includ+ ea* update "u p>agraph 7#d71 to ,congress4 7#f7 ,requirem5t ,to rema9 regi/]$ "u ! ,program1 a cov]$ entity %all cont9ue to ma9ta9 exp]tise 9 & adh]e to ! /&>ds publi%$ by ! ,secret>y "u subsection 7d77#a74 7#g7 ,audit+ ,! ,secret>y %all p]iodically conduct audits ( cov]$ entities t are regi/]$ "u ! ,program to ensure compliance ) ! /&>ds publi%$ by ! ,secret>y "u subsection 7d77#a74 7#h7 ,notification ,if ! ,secret>y revokes ! regi/ration ( a cov]$ entity "u ! ,program = noncompliance ) ! /&>ds publi%$ by ! ,secret>y "u subsection 7d77#a71 to ! ext5t practicable1 ! ,secret>y %all notify f>m]s1 ran*]s1 & private =e/ l&[n]s to :i* ! cov]$ entity provid$ te*nical assi/ance or ! v]ification ( ! processes describ$ 9 protocols = gre5h\se gas cr$it m>kets ( ! revocation4 7f7 ,en=cem5t 7#a7 ,prohibition on claims 7,a7 ,9 g5]al ,a p]son t is n regi/]$ "u ! ,program %all n kn[+ly make a claim t ! p]son is a ,,usda-c]tifi$ te*nical assi/ance provid] or ?ird-p>ty v]ifi] = gre5h\se gas cr$it m>kets or any sub/antially simil> claim4 7,b7 ,p5alty ,any p]son t violates subp>agraph 7,a7 %all be subject to a civil p5alty equal to su* am\nt z ! ,secret>y det]m9es to be appropriate4 7#b7 ,prohibition on submission ( fraudul5t in=mation 7,a7 ,9 g5]al ,a p]son1 reg>dless ( :e!r ! p]son is regi/]$ "u ! program1 %all n submit fraudul5t in=mation z "p ( a notification "u subsection 7e77#a74 7,b7 ,p5alty ,any p]son t violates subp>agraph 7,a7 %all be subject to a civil p5alty equal to su* am\nt z ! ,secret>y det]m9es to be appropriate4 7g7 ,gre5h\se ,gas ,te*nical ,assi/ance ,provid] & ,?ird-,p>ty ,v]ifi] ,c]tification ,program ,advisory ,c\ncil 7#a7 ,9 g5]al ,n lat] ?an #ij days aft] ! date on :i* ! ,secret>y e/abli%es ! ,program1 ! ,secret>y %all e/abli% an advisory c\ncil1 to be kn[n z ! ,gre5h\se ,gas ,te*nical ,s]vice ,assi/ance & ,?ird-,p>ty ,v]ifi] ,c]tification ,program ,advisory ,c\ncil4 7#b7 ,memb]%ip 7,a7 ,9 g5]al ,! ,advisory ,c\ncil %all be compos$ ( n few] ?an #bd memb]s1 :o %all be appo9t$ by ! ,secret>y4 7,b7 ,repres5tation ,memb]s appo9t$ "u subp>agraph 7,a7 %all include-- 7i7 n few] ?an #a repres5tative ( ! ,environm5tal ,protection ,ag5cy1 z det]m9$ by ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy2 7ii7 n few] ?an #aj repres5tatives ( ! agriculture indu/ry appo9t$ 9 a mann] t is broadly repres5tative ( ! agriculture sector2 7iii7 n few] ?an #c repres5tatives f ! =e/ry & =e/ products indu/ry appo9t$ 9 a mann] t is broadly repres5tative ( ! =e/ry sector2 7iv7 n few] ?an #d repres5tatives ( ! relevant sci5tific rese>* community1 includ+ n few] ?an #a repres5tative f l&-grant colleges & univ]sities 7z def9$ 9 section #adjd ( ! ,national ,agricultural ,rese>*1 ,ext5sion1 & ,tea*+ ,policy ,act ( #aigg 7#g ,u4,s4,c4 #cajc772 7v7 n few] ?an #b1 & n m ?an #c1 exp]ts or pr(essionals famili> ) private gre5h\se gas cr$it m>kets & ! v]ification requirem5ts 9 ^? m>kets2 7vi7 n few] ?an #b1 & n m ?an #c1 memb]s ( nongov]nm5tal or civil society organizations ) relevant exp]tise2 7vii7 n few] ?an #b1 & n m ?an #c1 memb]s ( private sector companies or impact inve/ors :o are curr5t & likely future pur*as]s ( or inve/ors 9 dome/ic gre5h\se gas cr$its 9 volunt>y m>kets & compliance m>kets t are d]iv$ f projects t a*ieve gre5h\se gas mitigation or c>bon seque/ration ?r\gh practices on agricultural l& or private =e/ l&2 & 7viii7 any o!r individual :om ! ,secret>y det]m9es to be necess>y to ensure t ! ,advisory ,c\ncil is compos$ ( a div]se gr\p ( repres5tatives ( indu/ry1 academia1 indep5d5t rese>*]s1 & public & private entities4 7,c7 ,*air ,! ,secret>y %all designate a memb] ( ! ,advisory ,c\ncil to s]ve z ! ,*air4 7,d7 ,t]ms ,! t]m ( a memb] ( ! ,advisory ,c\ncil %all be #e ye>s1 :i* may be r5ew$ = #a additional #e-ye> t]m4 7#c7 ,meet+s 7,a7 ,frequ5cy ,! ,advisory ,c\ncil %all meet n less frequ5tly ?an annually1 at ! call ( ! ,*air4 7,b7 ,initial meet+ ,n lat] ?an #cj days aft] ! date on :i* ! memb]s are appo9t$ "u p>agraph 7#b77;,a71 ! ,advisory ,c\ncil %all hold an initial meet+4 7#d7 ,duties ,! ,advisory ,c\ncil %all-- 7,a7 review ! li/ ( /&>ds publi%$ by ! ,secret>y "u subsection 7d77#a72 7,b7 make recomm5dations to ! ,secret>y reg>d+ ! be/ practices t %\ld be includ$ 9 ! /&>ds "u subsection 7d77#a72 & 7,c7 advise ! ,secret>y reg>d+-- 7i7 ! curr5t me?ods us$ by private m>kets to quantify & v]ify gre5h\se gas emissions r$uc$ or c>bon seque/]$2 7ii7 additional consid]ations = regi/]+ cov]$ entities "u ! ,program2 7iii7 means to r$uce b>ri]s to entry 9 ! bus9ess ( provid+ te*nical assi/ance or ! v]ification ( ! processes describ$ 9 protocols = gre5h\se gas m>kets = cov]$ entities1 includ+ by improv+ te*nical assi/ance provid$ by ! ,secret>y2 7iv7 means to r$uce compliance & v]ification co/s = f>m]s1 ran*]s1 & private =e/ l&[n]s 9 ent]+ private gre5h\se gas cr$it m>kets1 includ+ ?r\gh me*anisms & processes to aggregate ! value ( activities across l& own]%ip2 & 7v7 means = f>m]s1 ran*]s1 & private =e/ l&[n]s to adv]tise products d]iv$ f practices t r$uce gre5h\se gas emissions or seque/] c>bon4 7#e7 ,comp5sation 7,a7 ,9 g5]al ,! memb]s ( ! ,advisory ,c\ncil %all s]ve )\t comp5sation4 7,b7 ,treatm5t ,except 9 ! case ( a memb] describ$ 9 p>agraph 7#b77;,b77i71 ! memb]s ( ! ,advisory ,c\ncil %all n be consid]$ to be ,f$]al employees4 7h7 ,assessm5t ( gre5h\se gas cr$it m>ketplaces & v]ification regimes ,n lat] ?an ,octob] #a1 #bjbb1 & e #d ye>s !reaft]1 ! ,secret>y1 9 consultation ) ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy & ! ,advisory ,c\ncil1 %all-- 7#a7 conduct an assessm5t1 includ+ by incorporat+ in=mation f exi/+ publications ( nongov]nm5tal organizations ) relevant exp]tise1 reg>d+-- 7,a7 ! numb] & categories ( non-,f$]al actors 9 ! nonpr(it & =-pr(it sectors involv$ 9 buy+1 sell+1 & trad+ dome/ic gre5h\se gas cr$its 9 volunt>y m>kets & compliance m>kets t are d]iv$ f projects t a*ieve gre5h\se gas mitigation or c>bon seque/ration ?r\gh practices on agricultural l& or private =e/ l&2 7,b7 ! e/imat$ ov]all dome/ic m>ket dem& = gre5h\se gas cr$its 7measur$ 9 metric tons ( c>bon dioxide equival5t7 at ! end ( ! prec$+ #d-;cal5d> ye> p]iod1 & hi/orically1 9 volunt>y m>kets & compliance m>kets ?r\gh projects t a*ieve gre5h\se gas mitigation or c>bon seque/ration ?r\gh practices on agricultural l& or private =e/ l&2 7,c7 ! total numb] ( gre5h\se gas cr$its 7measur$ 9 metric tons ( c>bon dioxide equival5t7 t 7 9 developm5t1 g5]at$1 or sold 9 m>ket transactions dur+ ! prec$+ #d-;cal5d> ye> p]iod1 & hi/orically1 9 volunt>y m>kets & compliance m>kets ?r\gh projects t a*ieve gre5h\se gas mitigation or c>bon seque/ration ?r\gh practices on agricultural l& or private =e/ l&2 7,d7 ! e/imat$ supply & dem& ( metric tons ( c>bon dioxide equival5t ( (fsets 9 ! global m>ketplace = ! next #d ye>s2 7,e7 ! b>ri]s to entry due to compliance & v]ification co/s describ$ 9 subsection 7g77#d77;,c77iv72 7,f7 ! /ate ( monitor+ te*nologies ne$$ to quantify long-t]m c>bon seque/ration 9 soils & f o!r emission r$uction activities 9 ! agriculture & =e/ry sectors2 7,g7 means = f>m]s1 ran*]s1 & private =e/ l&[n]s to adv]tise products d]iv$ f practices t r$uce gre5h\se gas emissions or seque/] c>bon2 7,h7 means to lev]age exi/+ ,dep>tm5t ( ,agriculture programs & o!r ,f$]al programs t c\ld improve1 l[] ! co/s (1 & enhance ! deploym5t ( monitor+ te*nologies describ$ 9 subp>agraph 7,f72 7,i7 ! pot5tial impact ( ,dep>tm5t ( ,agriculture activities on supply & dem& ( gre5h\se gas cr$its2 7,j7 ! pot5tial role ( ! ,dep>tm5t ( ,agriculture 9 increas+ innovation 9 gre5h\se gas cr$it m>kets2 & 7,k7 ! ext5t to :i* ! exi/+ regimes = g5]at+ & sell+ gre5h\se gas cr$its d]iv$ f agricultural l& or private =e/ l&1 z ! regimes exi/ at ! end ( ! prec$+ #d-;cal5d> ye> p]iod1 & hi/orically1 w\ld a*ieve great] scale & rea* if ! ,dep>tm5t ( ,agriculture 7 involv$1 includ+ by consid]+ ! role ( ! ,dep>tm5t ( ,agriculture 9 r$uc+ ! b>ri]s to entry id5tifi$ "u subp>agraph 7,e71 includ+ by educat+ /akehold]s ab\t gre5h\se gas cr$it m>kets & means by :i* to r$uce ! compliance & v]ification co/s describ$ 9 subsection 7g77#d77;,c77iv72 & 7#b7 submit to ! ,committee on ,agriculture ( ! ,h\se ( ,repres5tatives & ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ( ! ,s5ate a report describ+ ! f9d+s ( ! assessm5t "u p>agraph 7#a71 includ+ recomm5dations reg>d+ pot5tial new au?orities t w\ld facilitate a m robu/ role = ! ,dep>tm5t ( ,agriculture 9 ! dome/ic m>ket = gre5h\se gas emissions cr$its d]iv$ f practices on agricultural l& or private =e/ l&1 includ+-- 7,a7 :e!r ! ,dep>tm5t ( ,agriculture %\ld play a l>g] role 9 develop+-- 7i7 gre5h\se gas cr$it protocols1 includ+ new protocols = activities )9 ! agriculture & =e/ry sectors t d n curr5tly exi/ 9 ! private m>ketplace2 & 7ii7 v]ification me?odologies to quantify gre5h\se gas emissions r$uction across activities t r$uce gre5h\se gas emissions or seque/] c>bon z comp>$ to traditional practices2 & 7,b7 :e!r ! ,dep>tm5t ( ,agriculture-- 7i7 %\ld play a l>g] role 9 r$uc+ compliance & v]ification co/s = f>m]s1 ran*]s1 & private =e/ l&[n]s1 includ+ by c]tify+ gre5h\se gas cr$its2 & 7ii7 ne$s additional au?ority to c>ry out ! activities describ$ 9 clause 7i74 4