,,ii #aafth ,,congress #b;d ,session ,s4 #dihe ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,december #i1 #bjbj,mr4 ,braun 7for himself1 ,mr4 ,coons1 ,mr4 ,young1 and ,mr4 ,king7 introduced the following bill2 which was read twice and referred to the ,committee on ,agriculture1 ,nutrition1 and ,forestry ,a ,,bill ,to establish forestry policies that facilitate reforestation1 conservation1 international cooperation1 and other ecologically sound management practices that reduce atmospheric carbon1 to support ,united ,states efforts in partnership with the ,one ,trillion ,trees ,initiative1 to encourage the sustainable management1 restoration1 and conservation of global forests1 grasslands1 wetlands1 and coastal habitats1 and for other purposes4 #a4 ,short title2 table of contents 7a7 ,short title ,this ,act may be cited as the ,trillion ,trees and ,natural ,carbon ,storage ,act4 7b7 ,table of contents ,the table of contents for this ,act is as follows3 ,sec4 #a4 ,short title2 table of contents4,sec4 #b4 ,sense of ,congress4,sec4 #c4 ,definitions4,,title ,i--,carbon ,sequestration ,through ,forest ,conservation and ,land ,management ,activities,sec4 #aja4 ,domestic forest carbon stock objectives4,sec4 #ajb4 ,renewable resource assessment and survey update4,sec4 #ajc4 ,forest nursery revival program4,sec4 #ajd4 ,carbon sequestration through wetland and grassland4,sec4 #aje4 ,carbon sequestration through the healthy forest reserve program4,sec4 #ajf4 ,national ,forest ,foundation activities4,sec4 #ajg4 ,carbon sequestration on ,state and private land4,sec4 #ajh4 ,carbon sequestration research and monitoring programs4,,title ,,ii--,market ,incentives for ,carbon ,sequestration,sec4 #bja4 ,clarification of research and development program for cellulosic biochemical and bioplastics4,sec4 #bjb4 ,rural ,forest ,market ,investment ,program4,,title ,,iii--,engaging ,america's ,allies in ,conservation and ,stronger ,land ,management,sec4 #cja4 ,statement of policy4,sec4 #cjb4 ,international support for conservation4,sec4 #cjc4 ,establishment of foundation4,sec4 #cjd4 ,international sustainable land-use management plans4,sec4 #cje4 ,blue carbon monitoring4,sec4 #cjf4 ,report to ,congress4,sec4 #cjg4 ,international forestry cooperation4,sec4 #cjh4 ,modifications to authorities relating to tropical forests4 #b4 ,sense of ,congress ,it is the sense of ,congress that-- 7#a7 forests and other ecosystems1 including grasslands and coastal wetlands1 sequester and store atmospheric carbon on climatologically relevant timescales2 7#b7 conserving1 protecting1 and restoring forest1 grassland1 and wetland ecosystems globally would sequester a substantial amount of atmospheric carbon and constitute a pragmatic step towards addressing global carbon emissions and the degradation of biodiversity2 7#c7 blue carbon habitat can also store a substantial amount of atmospheric carbon and provide numerous other environmental1 cultural1 and economic benefits2 7#d7 as methods to address the changing climate1 restore ecosystems1 and benefit human health1 the ,united ,states ,government should take a leadership role1 both domestically and abroad1 in-- 7,a7 ending deforestation2 7,b7 supporting tree planting1 natural regeneration1 forest landscape restoration1 wildfire risk reduction1 and sustainable forest management2 and 7,c7 conserving and restoring grasslands1 wetlands1 blue carbon habitats1 and other lands and waters at scale2 and 7#e7 the #at4org trillion trees platform established by the ,world ,economic ,forum1 the ,global ,environment ,facility1 and other domestic and international efforts to conserve and expand healthy forest and tree cover1 grasslands1 wetlands1 and blue carbon habitats globally should be supported4 #c4 ,definitions ,in this ,act3 7#a7 ,administrator ,the term ,administrator means the ,administrator of the ,united ,states ,agency for ,international ,development4 7#b7 ,blue carbon habitat ,the term blue carbon habitat means a coastal habitat in the soils and vegetation of which carbon is stored1 including a tidal wetland1 a mangrove forest1 a seagrass bed1 a kelp forest1 and other saltwater and estuarine coastal systems4 7#c7 ,carbon sequestration ,the term carbon sequestration means the processes of capturing and storing atmospheric carbon dioxide for a climatologically relevant period of time4 7#d7 ,forest landscape restoration ,the term forest landscape restoration means a process that aims to regain ecological functionality and enhance human well-being in deforested or degraded landscapes4 7#e7 ,national ,forest ,system ,the term ,national ,forest ,system has the meaning given the term in section #aa7;a7 of the ,forest and ,rangeland ,renewable ,resources ,planning ,act of #aigd 7#af ,u4,s4,c4 #afji7;a774 7#f7 ,naturally regenerate ,the term naturally regenerate means the regeneration of natural tree growth from-- 7,a7 available seed sources native to the specific forest area2 or 7,b7 any other natural process that does not primarily involve planting4 7#g7 ,net carbon stock ,the term net carbon stock means the absolute quantity of carbon held within a discrete portion of the biosphere 7including carbon held within a discrete portion of aboveground forest biomass and forest soil7 at a specified time4 7#h7 ,secretary ,the term ,secretary means the ,secretary of ,agriculture4 7#i7 ,sustainable ,the term sustainable means the manner in which a land-use activity will1 over the long-term-- 7,a7 satisfy the human and ecological needs associated with the use of land2 7,b7 conserve critical habitat and conserve and enhance the environmental quality of the land2 and 7,c7 optimize current and future land uses to ensure any enhancements in productivity are at a rate and in a manner that does not threaten decline4 ,i ,carbon ,sequestration ,through ,forest ,conservation and ,land ,management ,activities #aja4 ,domestic forest carbon stock objectives 7a7 ,in general ,not later than #b years after the date of enactment of this ,act1 the ,secretary1 in collaboration with the ,administrator of the ,national ,oceanic and ,atmospheric ,administration1 shall establish-- 7#a7 objectives for increased net carbon stock for the forest1 grassland1 wetland1 and coastal blue carbon habitat ecosystems of the ,united ,states that are owned or managed by the ,federal ,government2 and 7#b7 objectives that shall be developed collaboratively between #a or more non-,federal entities and #a or more ,federal partners for increased net carbon stock for the forest1 grassland1 wetland1 and coastal blue carbon habitat ecosystems of the ,united ,states that are owned or managed by a ,state or local government1 an ,indian ,tribe1 or a private person4 7b7 ,requirements ,objectives established under subsection 7a7-- 7#a7 shall be based on the best available scientific and commercial information1 including current and reference net carbon stock conditions for each ecosystem2 7#b7 shall be based on information relating to the maintenance or restoration of the ecological integrity of the ecosystems described in subsection 7a71 including maintaining or restoring ecologically appropriate forest1 grassland1 wetland1 and blue carbon habitat structure1 function1 composition1 and connectivity2 7#c7 shall consider naturally regenerated plant growth and planted growth2 7#d7 shall be established at levels that assist in achieving-- 7,a7 the optimally feasible and ecologically appropriate increase in the total net carbon stock that private domestic1 ,state1 and ,tribal landowners and the ,federal ,government can achieve by ,january #a1 #bjcj1 and every #aj years thereafter through ,january #a1 #bajj2 and 7,b7 the maximum practicable retention1 recruitment1 and restoration of critical habitats1 as appropriate for the forest type1 to the extent that the trees promote increased net carbon stock2 7#e7 shall be informed by data collected through the ,forest ,inventory and ,analysis program of the ,forest ,service and other relevant data2 7#f7 shall not negatively impact forest ecological integrity1 forest function1 forest composition1 forest connectivity1 and sustained yield and multiple uses2 7#g7 shall be published in the ,federal ,register1 after notice and an opportunity for public comment1 together with a statement of the basis and justification for the objectives2 7#h7 shall consider input from and the interests of local stakeholders2 and 7#i7 shall consider-- 7,a7 the conservation of existing ecosystems that sequester carbon2 and 7,b7 the impact that a changing climate may have on-- 7i7 existing net carbon stocks in forest1 grassland1 wetland1 and coastal blue carbon habitat ecosystems2 and 7ii7 the carbon sequestration potential of the ecosystems described in clause 7i74 #ajb4 ,renewable resource assessment and survey update 7a7 ,renewable resource assessment ,section #c of the ,forest and ,rangeland ,renewable ,resources ,planning ,act of #aigd 7#af ,u4,s4,c4 #afja7 is amended-- 7#a7 in subsection 7a7-- 7,a7 in each of paragraphs 7#d7 and 7#e71 by striking and at the end2 7,b7 in paragraph 7#f71 by striking the comma at the end and inserting a semicolon2 and 7,c7 by adding at the end the following3 7#g7 an analysis of the total carbon storage capacity of the ,national ,forest ,system based on the lifecycle analysis established under section #ajb7;b7 of the ,trillion ,trees and ,natural ,carbon ,storage ,act2 and 7#h7 an analysis of the opportunities to enhance and optimize total net carbon stock 7as defined in section #c of that ,act and taking into consideration the requirements described in section #aja7;b7 of that ,act7 in the ,national ,forest ,system4 2 and 7#b7 in subsection 7c7-- 7,a7 in paragraph 7#b71 by striking and at the end2 7,b7 in paragraph 7#c71 by striking the period at the end and inserting 2 and2 and 7,c7 by adding at the end the following3 7#d7 the potential for increased utilization of forest and wood products and byproducts that are sustainable 7as defined in section #c of the ,trillion ,trees and ,natural ,carbon ,storage ,act71 including recommendations to ,congress for actions relating to those products and byproducts that would lead to increased net carbon sequestration 7as defined in that section74 4 7b7 ,lifecycle analysis 7#a7 ,lifecycle ,storage ,model ,as a part of the assessment required under section #c of the ,forest and ,rangeland ,renewable ,resources ,planning ,act of #aigd 7#af ,u4,s4,c4 #afja71 the ,secretary shall develop1 using the best available science1 including data collected through the ,forest ,inventory and ,analysis program of the ,forest ,service1 computational models to analyze the lifecycle forest and grassland carbon sequestration potential associated with the ,national ,forest ,system4 7#b7 ,considerations ,in developing the model under paragraph 7#a71 the ,secretary shall consider-- 7,a7 the net carbon stock in forests1 grasslands1 and wetlands1 including in wood and forest soils2 7,b7 the rate of carbon sequestration in new trees and young forests2 7,c7 the rate of carbon sequestration in old trees and older forests2 7,d7 the carbon impacts from tree mortality2 7,e7 the carbon impacts from logging1 milling1 and other forest management activities2 7,f7 the carbon impacts from wildfire1 pests1 and other natural disturbances2 7,g7 the full lifecycle of carbon impacts from the manufacture of wood-based products1 including storage benefits and substitution benefits from the use of wood-based products as compared to the use of more greenhouse-gas-intensive materials1 including impacts on forest ecosystem net carbon stocks2 7,h7 the net carbon impact of a cycle of-- 7i7 harvest and regeneration2 or 7ii7 harvest and replanting2 7,i7 the carbon impacts from ecologically sound active forest management2 7,j7 the carbon impacts from retention1 forest conservation1 improved management1 and restoration of other landscapes1 including grasslands1 sagebrush1 steppe1 wetlands1 abandoned mine land1 brownfields1 and other degraded lands that were historically forested2 and 7,k7 other factors1 as determined by the ,secretary4 7#c7 ,validation program 7,a7 ,in general ,the ,secretary shall carry out a program for validation and independent testing of the lifecycle models developed under paragraph 7#a74 7,b7 ,requirements ,in carrying out the validation program under subparagraph 7,a71 the ,secretary shall-- 7i7 regularly perform retrospective assessments comparing model predictions to field data on the carbon stored on the ,national ,forest ,system2 and 7ii7 require third-party evaluation and comparison of lifecycle models developed under paragraph 7#a7 against existing models1 including enabling empirical testing of hypotheses regarding the net effects on land and atmospheric carbon stocks and other greenhouse gas impacts4 7#d7 ,report ,not later than #c years after the date of enactment of this ,act1 the ,secretary shall submit to the ,committee on ,agriculture of the ,house of ,representatives and the ,committee on ,agriculture1 ,nutrition1 and ,forestry of the ,senate a report on the findings of the analysis conducted using the lifecycle models developed under paragraph 7#a74 #ajc4 ,forest nursery revival program 7a7 ,in general ,section #b of the ,act of ,june #i1 #aicj 7commonly known as the ,knutson-,vandenberg ,act7 7#af ,u4,s4,c4 #egf;a71 is amended-- 7#a7 by striking the section designation and all that follows through the ,secretary of ,agriculture and inserting the following3 #b4 ,forest nursery revival program 7a7 ,in general ,the ,secretary of ,agriculture shall use amounts made available under subsection 7b7 2 and 7#b7 by adding at the end the following3 7b7 ,authorization of appropriations ,there is authorized to be appropriated to the ,secretary of ,agriculture to carry out subsection 7a7 #aj1jjj1jjj for each of fiscal years #bjba through #bjcj4 4 7b7 ,report ,not later than #c years after the date of enactment of this ,act1 the ,secretary shall submit to the ,committee on ,agriculture1 ,nutrition1 and ,forestry of the ,senate and the ,committee on ,agriculture of the ,house of ,representatives a report describing the shortcomings of1 and barriers to1 reforestation activities under section #b of the ,act of ,june #i1 #aicj 7commonly known as the ,knutson-,vandenberg ,act7 7#af ,u4,s4,c4 #egf;a74 #ajd4 ,carbon sequestration through wetland and grassland 7a7 ,in general ,the ,administrator of the ,national ,oceanic and ,atmospheric ,administration and the ,secretary of the ,interior1 in consultation with the ,secretary and the heads of other relevant agencies1 are encouraged to identify and pursue opportunities for the restoration or conservation of grasslands1 wetlands1 and coastal blue carbon habitats of the ,united ,states that are owned or managed by the ,federal ,government1 ,state or local governments1 ,indian ,tribes1 or private persons that will-- 7#a7 increase the net carbon stock of the ,united ,states1 allowing the ,united ,states to reach the objectives established under section #aja7;a72 and 7#b7 provide other environmental1 cultural1 and economic benefits to the region in which the restoration or conservation is carried out4 7b7 ,blue carbon monitoring ,in carrying out subsection 7a71 the ,administrator of the ,national ,oceanic and ,atmospheric ,administration1 in collaboration with the ,secretary of the ,interior and the heads of other relevant agencies1 shall monitor the net carbon stock in blue carbon habitats4 7c7 ,grassland carbon monitoring ,in carrying out subsection 7a71 the ,secretary of the ,interior1 the ,secretary1 and the heads of other relevant agencies shall collaborate to monitor the net carbon stock in grassland4 #aje4 ,carbon sequestration through the healthy forest reserve program 7a7 ,establishment ,section #eja7;a7 of the ,healthy ,forests ,restoration ,act of #bjjc 7#af ,u4,s4,c4 #fega7;a77 is amended-- 7#a7 in paragraph 7#c71 by striking and at the end2 7#b7 in paragraph 7#d71 by striking the period at the end and inserting 2 and2 and 7#c7 by adding at the end the following3 7#e7 to promote1 in pursuit of the objectives for increasing net carbon stock established under section #aja7;a7 of the ,trillion ,trees and ,natural ,carbon ,storage ,act-- 7,a7 first in priority1 the conservation and management of existing forests2 and 7,b7 second in priority1 the planting or regeneration of additional trees in an ecologically appropriate manner4 4 7b7 ,enrollment priority ,section #ejb7;f7 of the ,healthy ,forests ,restoration ,act of #bjjc 7#af ,u4,s4,c4 #fegb7 is amended by striking paragraph 7#a7 and inserting the following3 7#a7 ,in general ,the ,secretary of ,agriculture shall give priority to the enrollment in the healthy forests reserve program of land that-- 7,a7 provides the greatest conservation benefit to-- 7i7 species listed as endangered or threatened under section #d of the ,endangered ,species ,act of #aigc 7#af ,u4,s4,c4 #aecc72 and 7ii7 species that-- 7,i7 are not listed as endangered or threatened under section #d of the ,endangered ,species ,act of #aigc 7#af ,u4,s4,c4 #aecc72 but 7,,ii7 7aa7 are candidates for such listing1 ,state-listed species1 or special concern species2 or 7bb7 are deemed a species of greatest conservation need under a ,state wildlife action plan2 7,b7 promotes the restoration of marginal farmland or degraded forestland into healthy forest ecosystems2 or 7,c7 promotes the continuation of an ecologically appropriate ecosystem4 4 7c7 ,restoration plans ,section #ejc7;b7 of the ,healthy ,forests ,restoration ,act of #bjjc 7#af ,u4,s4,c4 #fegc7;b77 is amended by striking paragraph 7#d7 and inserting the following3 7#d7 ,practices1 including reforestation and other forestry practices1 to increase net carbon stock 7as defined in section #c of the ,trillion ,trees and ,natural ,carbon ,storage ,act74 4 #ajf4 ,national ,forest ,foundation activities 7a7 ,purposes of ,foundation ,section #djb7;b7 of the ,national ,forest ,foundation ,act 7#af ,u4,s4,c4 #ehc;j7b77 is amended-- 7#a7 in paragraph 7#b71 by striking and at the end2 7#b7 in paragraph 7#c71 by striking the period at the end and inserting a semicolon2 and 7#c7 by adding at the end the following3 7#d7 encourage1 accept1 and administer private gifts of money and of real and personal property for the benefit of1 or in connection with1 the objectives for optimizing total domestic carbon stocks established under section #aja7;a7 of the ,trillion ,trees and ,natural ,carbon ,storage ,act2 and 7#e7 carry out the ,theodore ,roosevelt ,jr4 ,prize for ,forest ,restoration under section #daj4 4 7b7 ,theodore ,roosevelt ,jr4 ,prize for ,forest ,restoration ,the ,national ,forest ,foundation ,act 7#af ,u4,s4,c4 #ehc;j et seq47 is amended-- 7#a7 in section #dje1 by striking #daj both places it appears and inserting #daa2 7#b7 by redesignating section #daj as section #daa2 and 7#c7 by inserting after section #dji the following3 #daj4 ,theodore ,roosevelt ,jr4 ,prize for ,forest ,restoration 7a7 ,definitions ,in this section3 7#a7 ,secretary ,the term ,secretary means the ,secretary of ,agriculture4 7#b7 ,theodore ,roosevelt ,jr4 ,prize ,the term ,theodore ,roosevelt ,jr4 ,prize means the ,theodore ,roosevelt ,jr4 ,prize for ,forest ,restoration established under subsection 7b74 7b7 ,establishment ,the ,foundation shall1 in consultation with the ,secretary1 establish a program to award an incentive prize1 to be known as the ,theodore ,roosevelt ,jr4 ,prize for ,forest ,restoration1 to support domestic reforestation activities carried out by individuals1 communities1 nonprofit organizations1 and corporations4 7c7 ,eligible recipients ,the following entities are eligible to receive the ,theodore ,roosevelt ,jr4 ,prize3 7#a7 ,a ,state agency4 7#b7 ,a nonprofit entity that the ,secretary determines has a demonstrated expertise in tree planting activity and reforestation4 7#c7 ,other entities that the ,secretary determines to be appropriate1 such as a local government or a private owner of land covered by a forest management plan4 7d7 ,coordination ,in carrying out this section1 the ,secretary may coordinate on an ongoing basis with appropriate ,federal1 ,state1 ,tribal1 and local resource management departments1 local nonprofit organizations1 private landowners1 and corporations-- 7#a7 to identify land suitable for reforestation2 7#b7 to encourage1 accept1 and administer private gifts of money1 technical expertise1 and real and personal property for the benefit of the program under this section2 and 7#c7 to manage and maintain reforested land4 4 #ajg4 ,carbon sequestration on ,state and private land 7a7 ,adding net carbon stock as a purpose ,section #b7;b7 of the ,cooperative ,forestry ,assistance ,act of #aigh 7#af ,u4,s4,c4 #baja7;b77 is amended-- 7#a7 by redesignating paragraphs 7#f7 through 7#aj7 as paragraphs 7#g7 through 7#aa71 respectively2 and 7#b7 by inserting after paragraph 7#e7 the following3 7#f7 the encouragement of reforestation1 conservation1 and related optimization of net carbon stock 7as defined in section #c of the ,trillion ,trees and ,natural ,carbon ,storage ,act and taking into consideration the requirements described in section #aja7;b7 of that ,act72 4 7b7 ,support for ,state ,assessments and ,strategies for ,forest ,resources when considering carbon emissions ,section #b;,a7a77#a7 of the ,cooperative ,forestry ,assistance ,act of #aigh 7#af ,u4,s4,c4 #baja;a7a77#a77 is amended-- 7#a7 by redesignating subparagraphs 7,c7 and 7,d7 as subparagraphs 7,d7 and 7,e71 respectively2 and 7#b7 by inserting after subparagraph 7,b7 the following3 7,c7 7i7 the net carbon stock 7as defined in section #c of the ,trillion ,trees and ,natural ,carbon ,storage ,act and taking into consideration the requirements described in section #aja7;b7 of that ,act7 on ,state land and private land in the ,state2 and 7ii7 opportunities to increase that net carbon stock1 taking into consideration the requirements described in section #aja7;b7 of that ,act2 4 7c7 ,carbon storage through the forest stewardship program ,section #e7;d77#a7 of the ,cooperative ,forestry ,assistance ,act of #aigh 7#af ,u4,s4,c4 #bajc;a7d77#a77 is amended by inserting carbon sequestration 7as defined in section #c of the ,trillion ,trees and ,natural ,carbon ,storage ,act71 before and the aesthetic4 7d7 ,carbon storage through the community forest and open space conservation program ,section #g;,a7c77#a77;,b77ii7 of the ,cooperative ,forestry ,assistance ,act of #aigh 7#af ,u4,s4,c4 #bajc;d7c77#a77;,b77ii77 is amended by inserting 1 net carbon stock 7as defined in section #c of the ,trillion ,trees and ,natural ,carbon ,storage ,act and taking into consideration the requirements described in section #aja7;b7 of that ,act71 before and wildlife4 7e7 ,carbon storage through the promotion of forest health ,section #h7;a7 of the ,cooperative ,forestry ,assistance ,act of #aigh 7#af ,u4,s4,c4 #bajd7;a77 is amended-- 7#a7 by redesignating paragraphs 7#d7 through 7#f7 as paragraphs 7#e7 through 7#g71 respectively2 and 7#b7 by inserting after paragraph 7#c7 the following3 7#d7 protect or enhance net carbon stock 7as defined in section #c of the ,trillion ,trees and ,natural ,carbon ,storage ,act and taking into consideration the requirements described in section #aja7;b7 of that ,act7 on healthy forestland2 4 7f7 ,carbon storage through urban and community forestry ,section #i7;d77#c7 of the ,cooperative ,forestry ,assistance ,act of #aigh 7#af ,u4,s4,c4 #baje7;d77#c77 is amended-- 7#a7 in subparagraph 7,c71 by striking and at the end2 7#b7 in subparagraph 7,d71 by inserting and at the end2 and 7#c7 by adding at the end the following3 7,e7 identifying opportunities to increase carbon stored through tree planting and scientific urban forestry management2 4 7g7 ,carbon storage through the ,state and private forest landscape-,scale restoration ,section #ac;,a of the ,cooperative ,forestry ,assistance ,act of #aigh 7#af ,u4,s4,c4 #baji;a7 is amended-- 7#a7 in subsection 7e7-- 7,a7 in paragraph 7#f71 by striking and at the end2 7,b7 by redesignating paragraph 7#g7 as paragraph 7#h72 and 7,c7 by inserting after paragraph 7#f7 the following3 7#g7 to improve the potential to increase the net carbon stock 7as defined in section #c of the ,trillion ,trees and ,natural ,carbon ,storage ,act and taking into consideration the requirements described in section #aja7;b7 of that ,act7 of forest ecosystems through methods that result in real1 measurable1 and verifiable changes in that net carbon stock2 and 2 and 7#b7 in subsection 7l71 by striking paragraph 7#c7 and inserting the following3 7#c7 ,authorization of appropriations ,there is authorized to be appropriated to the ,fund #be1jjj1jjj for the first full fiscal year after the date of enactment of the ,trillion ,trees and ,natural ,carbon ,storage ,act and each fiscal year thereafter through fiscal year #bjbe1 to remain available until expended4 4 #ajh4 ,carbon sequestration research and monitoring programs 7a7 ,in general ,section #c of the ,forest and ,rangeland ,renewable ,resources ,research ,act of #aigh 7#af ,u4,s4,c4 #afdb7 is amended-- 7#a7 in subsection 7a7-- 7,a7 in the matter preceding paragraph 7#a71 in the second sentence1 by striking include1 and all that follows through subsection4 and inserting include the following #f major areas of renewable resource research32 7,b7 in paragraph 7#a71 by inserting further expanding the understanding of wood product carbon sequestration 7as defined in section #c of the ,trillion ,trees and ,natural ,carbon ,storage ,act71 including by developing and improving carbon accounting strategies for specific1 ecologically sound forest management practices2 before and developing2 and 7,c7 by adding at the end the following3 7#f7 ,renewable resource assessment research shall include1 as appropriate1 research activities relating to the sequestration of carbon1 including-- 7,a7 accounting strategies for specific1 ecologically sound forest management practices in specific forest types2 7,b7 increased carbon storage through reforestation1 natural regeneration 7as defined in section #c of the ,trillion ,trees and ,natural ,carbon ,storage ,act7 or conservation1 and forest and rangeland management2 and 7,c7 the utilization of wood and other materials derived from forest and rangeland renewable resources to store carbon in building materials and industrial or consumer products4 2 7#b7 in subsection 7c7-- 7,a7 in paragraph 7#a7-- 7i7 in the matter preceding subparagraph 7,a71 by striking ,united ,states and all that follows through referred to and inserting ,chief of the ,forest ,service1 shall carry out a program 7referred to in this subsection2 7ii7 in subparagraph 7,g71 by striking and at the end2 7iii7 in subparagraph 7,h71 by striking the period at the end and inserting a semicolon2 and 7iv7 by adding at the end the following3 7,i7 accelerate and expand existing research efforts to improve forest carbon measurement and monitoring technologies-- 7i7 to better predict changes in forest carbon due to a changing climate2 and 7ii7 to reduce costs of participation1 and increase participation1 by private forest landowners in carbon markets2 and 7,j7 conduct a study to monitor impacts from carbon-enhancing activities4 2 and 7,b7 in paragraph 7#d7-- 7i7 by striking subparagraphs 7,a7 and 7,c72 7ii7 by striking the following reports3 and all that follows through shall submit in the matter preceding clause 7i7 of subparagraph 7,b7 and inserting 1 not later than ,january #ae of each year12 and 7iii7 by redesignating clauses 7i7 through 7iv7 as subparagraphs 7,a7 through 7,d71 respectively1 and indenting appropriately2 and 7#c7 in subsection 7d77#b71 by adding at the end the following3 7,f7 ,carbon sequestration 7as defined in section #c of the ,trillion ,trees and ,natural ,carbon ,storage ,act74 4 7b7 ,technical amendment ,section #b7;c7 of the ,forest and ,rangeland ,renewable ,resources ,research ,act of #aigh 7#af ,u4,s4,c4 #afda7;c77 is amended by inserting of ,agriculture 7referred to in this ,act as the ,secretary7 after ,secretary4 ,,ii ,market ,incentives for ,carbon ,sequestration #bja4 ,clarification of research and development program for cellulosic biochemical and bioplastics 7a7 ,definitions ,in this section3 7#a7 ,cellulosic biochemical product ,the term cellulosic biochemical product means any biochemical1 including bioethanol and its derivatives1 that is derived from wood or plant cellulose fiber4 7#b7 ,cellulosic bioplastics product ,the term cellulosic bioplastics product means any bioplastic that is derived from wood or plant cellulose fiber4 7#c7 ,institution of higher education ,the term institution of higher education has the meaning given the term in section #aja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja74 7#d7 ,secretary ,the term ,secretary means the ,secretary1 acting through the ,research and ,development deputy area and the ,state and ,private ,forestry deputy area of the ,forest ,service4 7b7 ,authorization ,the ,secretary shall conduct performance-driven research and development and provide for education and technical assistance for the purpose of facilitating the use of cellulosic biochemical and bioplastics products in the ,united ,states4 7c7 ,activities ,in carrying out subsection 7b71 the ,secretary shall1 after collaboration with the wood products and chemical industries1 conservation organizations1 and institutions of higher education-- 7#a7 conduct research and development1 and provide for education and technical assistance1 at the ,forest ,products ,laboratory or through the ,state and ,private ,forestry deputy area that meets measurable performance goals for the achievement of the priorities described in paragraphs 7#a7 through 7#d7 of subsection 7d72 and 7#b7 make competitive grants to institutions of higher education for those institutions to conduct research and development1 carry out educational programs1 and provide technical assistance4 7d7 ,priorities ,in awarding grants under subsection 7c77#b71 the ,secretary shall give priority to applications from institutions of higher education proposing projects-- 7#a7 to address ways to improve the commercialization of cellulosic biochemical products and biodegradable cellulosic bioplastics products that1 based on the best available science and analyses conducted using the lifecycle models developed under section #ajb7;b71 will allow for an increase in net carbon stock2 7#b7 to develop advanced biofuels 7as defined in section #baa7o77#a7 of the ,clean ,air ,act 7#db ,u4,s4,c4 #gede7o77#a777 that-- 7,a7 are cellulosic biofuels suitable for use in aviation1 shipping1 and heavy-duty vehicles2 and 7,b7 based on the best available science and analyses conducted using the lifecycle models developed under section #ajb7;b71 will allow for an increase in net carbon stock2 7#c7 for the conduct of applied research1 including projects designed to bring products from benchtop to production scale2 or 7#d7 to address one or more other research areas identified by the ,secretary1 in consultation with conservation organizations1 institutions of higher education1 and the wood products industry4 7e7 ,timeframe ,to the maximum extent practicable1 the measurable performance goals for the research and development1 education1 and technical assistance under subsection 7b7 shall be achievable within #e years4 #bjb4 ,rural ,forest ,market ,investment ,program 7a7 ,definition of rural ,in this section1 the term rural has the meaning given the term in section #cdc of the ,consolidated ,farm and ,rural ,development ,act 7#g ,u4,s4,c4 #aiia74 7b7 ,establishment of program 7#a7 ,in general ,the ,secretary shall establish a program1 to be known as the ,rural ,forest ,market ,investment ,program1 to guarantee an environmental impact bond1 loan1 or other investment vehicle1 as determined by the ,secretary1 issued for the sole purpose of financing eligible projects described in subsection 7c71 to enable rural private forest landowners to participate in an innovative market for forest carbon or other products4 7#b7 ,consideration ,in establishing the program under paragraph 7#a71 the ,secretary may consider ways to ensure that the program minimizes1 to the extent practicable1 disruptions to traditional forest products markets4 7c7 ,eligible projects ,an eligible project referred to in subsection 7b77#a7 is a project developed by private entity1 or a publicly supported1 charitable nonprofit organization1 engaged in the aggregation of sustainable forestry practices implemented by rural private forest landowners to facilitate the sale of credits in the voluntary carbon market or other recognized environmental market1 using a methodology approved by a credible1 third-party entity1 as determined by the ,secretary4 7d7 ,requirements ,a project described in subsection 7c7 that includes the practice of tree planting may only be carried out1 as determined by the ,secretary-- 7#a7 on land that was historically forested2 7#b7 using tree species that are native to the region and at ecologically appropriate densities2 and 7#c7 in a manner that does not create other negative impacts to biodiversity or the environment4 7e7 ,guarantee amount ,the ,secretary may guarantee not more than #aej1jjj1jjj with respect to each bond1 loan1 or other investment vehicle under subsection 7b77#a74 7f7 ,regulations ,not later than #cj days after the date of enactment of this ,act1 the ,secretary shall issue regulations to implement the program established under subsection 7b77#a74 7g7 ,termination of authority ,the authority provided by this section terminates on ,september #cj1 #bjbc4 ,,iii ,engaging ,america's ,allies in ,conservation and ,stronger ,land ,management #cja4 ,statement of policy ,it shall be the policy of the ,united ,states to-- 7#a7 lead the world in creating incentives and investments to protect intact forests1 reduce deforestation and support tree planting and forest landscape restoration1 conservation1 and sustainable management in support of the goal to plant and conserve one trillion trees globally2 7#b7 support carbon sequestration through sustainable management and restoration of coastal and inland aquatic ecosystems1 including wetlands and blue carbon habitats2 and 7#c7 utilize the vast natural assets and technical expertise of the ,united ,states to assist with sustainable management and utilization1 conservation1 and restoration of forests1 grasslands1 wetlands1 blue carbon habitats1 and agricultural lands for sequestering carbon globally4 #cjb4 ,international support for conservation 7a7 ,in general ,the ,secretary of ,state 7referred to in this title as the ,secretary71 in coordination with the ,administrator1 the ,secretary of ,agriculture1 the ,administrator of the ,national ,oceanic and ,atmospheric ,administration1 the ,director of the ,united ,states ,fish and ,wildlife ,service1 the ,secretary of the ,treasury1 and the heads of other relevant agencies and international organizations1 shall prioritize programs to support forest landscape restoration1 end deforestation1 and conserve and restore grasslands1 wetlands1 and blue carbon habitats at landscape scale1 including incorporating these activities into other programs or forms of assistance4 7b7 ,prioritization and types of assistance ,in providing the support outlined in subsection 7a71 the ,secretary1 in coordination with the ,administrator1 the ,secretary of ,agriculture1 the ,administrator of the ,national ,oceanic and ,atmospheric ,administration1 and the ,director of the ,united ,states ,fish and ,wildlife ,service1 shall-- 7#a7 prioritize partnerships with developing countries and regions that have experienced significant levels of deforestation1 grassland conversion1 wetland loss1 or blue carbon habitat degradation or whose biodiversity1 local economy1 and stability has been or could be significantly impacted by loss of forest and tree cover1 grasslands1 wetlands1 or blue carbon habitat2 7#b7 prioritize partnerships that have been determined by agencies and partners with relevant expertise to sequester or have the potential to sequester significant amounts of atmospheric carbon and that will provide other benefits to the region1 as determined by the ,secretary2 7#c7 encourage countries receiving relevant aid1 as determined by the ,secretary1 to report transparently information about this aid1 including local ownership and benefit sharing of programs2 7#d7 encourage countries receiving relevant aid1 as determined by the ,secretary1 to adopt legislation or other measures domestically to protect1 restore1 and sustainably manage forests 7both existing and newly planted71 grasslands1 wetlands1 blue carbon habitats1 and other ecologically important lands and waters2 and 7#e7 take a leadership role in ending deforestation and habitat conversion and encouraging the sustainable management1 conservation1 and restoration of forests1 grasslands1 wetlands1 blue carbon habitats1 and other lands and waters at landscape scale4 7c7 ,coordination ,in carrying out the programs authorized by this section1 the ,secretary and the ,administrator shall1 to the maximum extent practicable1 make use of public-private partnerships to facilitate engagement by nonprofit organizations and industry partners4 #cjc4 ,establishment of foundation 7a7 ,establishment of foundation ,the ,secretary may enter into an agreement1 or expand on existing partnerships1 with a nonprofit organization to establish an ,international ,forest ,foundation 7in this section referred to as the ,foundation71 which shall not be an agency or instrumentality of the ,united ,states ,government4 7b7 ,purposes of foundation ,the purposes of the ,foundation shall be to-- 7#a7 encourage1 accept1 and administer private gifts of money and of real and personal property for the benefit of1 or in connection with1 the activities and services carried out by the ,united ,states to support forest landscape restoration1 end deforestation1 and conserve and restore grasslands1 wetlands1 and blue carbon habitats around the world2 7#b7 use private funds to support1 undertake1 and conduct activities that further the goals set forth in section #cja2 and 7#c7 undertake1 conduct1 and encourage educational1 technical1 and other assistance1 and other activities1 that support international goals to increase global carbon sequestration and ecosystem health through the conservation and restoration of healthy forests1 grasslands1 wetlands1 blue carbon habitats1 and sustainably managed agricultural land4 7c7 ,transfer of funds2 liability 7#a7 ,transfer of funds ,the ,secretary may authorize1 pursuant to an agreement entered into in accordance with section #cjb7;c71 the transfer of funds of the ,united ,states to a nonprofit organization for the purpose of offsetting any administrative costs of the ,foundation4 7#b7 ,liability ,the ,united ,states shall not be liable for any debts1 defaults1 acts1 or omissions of the ,foundation4 ,the full faith and credit of the ,united ,states shall not extend to any obligations of the ,foundation4 #cjd4 ,international sustainable land-use management plans 7a7 ,in general ,the ,secretary1 in coordination with the ,administrator1 the ,secretary of ,agriculture1 the heads of other relevant ,federal agencies1 and international organizations1 shall encourage countries receiving funding or other forms of assistance related to agriculture that is funded or partially funded by the ,united ,states to produce1 make publicly available1 and adhere to detailed land-use management plans that identify and preserve areas important to ecosystem health and carbon sequestration and prioritize landscape restoration4 7b7 ,land-,use management plan criteria ,the ,secretary shall work with the ,administrator1 the ,secretary of ,agriculture1 the heads of other relevant ,federal agencies1 international and nongovernmental organizations1 and other relevant experts to work with recipient countries to develop and make publicly available1 not later than one year after the date of the enactment of this ,act1 science-based criteria for land-use management plans that support conservation of critical ecosystems1 which may take material or ideas from existing land-use management criteria4 ,the criteria shall prioritize-- 7#a7 identifying and preserving areas important to ecosystem health and carbon sequestration2 7#b7 conserving critical habitat and other significant areas2 7#c7 prioritizing conservation and preservation where possible2 7#d7 restoring forests1 grasslands1 wetlands1 blue carbon habitats1 and other lands and waters important for carbon sequestration and ecosystem health2 and 7#e7 stakeholder engagement with local communities1 including indigenous communities and marginalized groups1 including women4 7c7 ,identification of countries ,the ,secretary shall work with the ,administrator1 the ,secretary of ,agriculture1 the heads of other relevant ,united ,states agencies1 international organizations1 and other relevant experts to identify and publish on a preexisting website the countries receiving direct funding or benefits derived from ,united ,states international aid related to agricultural development1 agricultural education1 or agricultural trade4 7d7 ,encouraging use of land-,use management plans ,the ,secretary1 in coordination with the ,administrator1 the ,secretary of ,agriculture1 and the heads of other relevant agencies shall-- 7#a7 encourage identified countries to develop and publish on a preexisting website land-use management plans1 or to improve existing land-use management plans1 following criteria that include clear annual objectives for achieving the priorities set forth in subsection 7b72 7#b7 consider the progress that countries have made in developing conservation and land-use management plans and the progress these countries have made in adhering to these plans when determining future aid related to agricultural development2 7#c7 encourage international organizations that the ,united ,states supports and other governments with which it cooperates to support land-use management plans and planning2 and 7#d7 integrate ,united ,states financial assistance and support for such plans with the assistance of others to the extent doing so advances their effectiveness4 #cje4 ,blue carbon monitoring ,the ,administrator of the ,national ,oceanic and ,atmospheric ,administration shall-- 7#a7 collaborate with and provide technical assistance to the ,secretary and the ,administrator in order to implement best practices for monitoring blue carbon inventory in programs and projects established under this title2 and 7#b7 work in collaboration with the ,smithsonian ,environmental ,research ,center to develop a global blue carbon database and ensure data collection and reporting are consistent with the ,center's ,coastal ,carbon ,data ,clearinghouse4 #cjf4 ,report to ,congress ,not later than #b years after the date of the enactment of this ,act1 and annually thereafter1 the ,secretary1 in consultation with the ,administrator1 the ,secretary of ,agriculture1 the ,administrator of the ,national ,oceanic and ,atmospheric ,administration1 the ,director of the ,united ,states ,fish and ,wildlife ,service1 and the heads of other relevant ,united ,states agencies1 shall submit a report to ,congress that-- 7#a7 outlines funding1 activities1 and other support provided to advance the priorities outlined in sections #cjb1 #cjc1 #cjd1 and #cje on a country-by-country basis1 including work to develop land-use management plan criteria and efforts to encourage identified countries to develop and adhere to land-use management plans consistent with the developed criteria2 and 7#b7 makes use of modern satellite imagery techniques to monitor grassland1 forest1 and tree canopy cover and track the effectiveness of the programs of the ,united ,states ,government and its partners4 #cjg4 ,international forestry cooperation ,section #fjb7;b77#a7 of the ,international ,forestry ,cooperation ,act of #aiij 7#af ,u4,s4,c4 #deja7;b77#a77 is amended-- 7#a7 in subparagraph 7,g71 by striking and at the end2 7#b7 in subparagraph 7,h71 by inserting and at the end2 and 7#c7 by adding at the end the following new subparagraph3 7,i7 carbon sequestration 7as defined in section #c of the ,trillion ,trees and ,natural ,carbon ,storage ,act7 activities1 including forest landscape restoration 7as defined in that section7 programs1 conducted in an ecologically appropriate manner2 4 #cjh4 ,modifications to authorities relating to tropical forests ,section #aah of the ,foreign ,assistance ,act of #aifa 7#bb ,u4,s4,c4 #baeap-#a7 is amended-- 7#a7 in subsection 7a77#b71 by inserting 1 and an increase in global carbon sequestration before the period at the end2 7#b7 in subsection 7c7-- 7,a7 in paragraph 7#a71 by inserting 1 restoration1 after conservation2 7,b7 in paragraph 7#b77;,a71 by inserting and impact on global carbon emissions after irreversible losses2 7,c7 in paragraph 7#f71 by inserting 7including partnerships to increase and retain carbon sequestration1 as defined in section #c of the ,trillion ,trees and ,natural ,carbon ,storage ,act7 after sustainable forestry projects and practices2 and 7,d7 in paragraph 7#h71 by inserting increase carbon sequestration 7as defined in section #c of the ,trillion ,trees and ,natural ,carbon ,storage ,act7 and1 after other activities to2 and 7#c7 in subsection 7f71 by inserting and a study on the total carbon sequestered through increases in and retention of tropical forest stocks globally as a result of programs1 projects1 and activities carried out under this section before the period at the end4