Once officially launched, AIM for Climate will catalyze greater investment in agricultural R&D and innovation to help to raise global ambition and underpin more rapid and transformative climate action in all countries, including by enabling science-based and data-driven decision and policy-making.

Producers could see three new revenue streams from climate mitigation, he said. They were income from carbon markets, from conversion of agricultural waste into products ranging from chemicals to fabrics, and capture of methane from manure for use as a renewable fuel.

U.S. agriculture faces a triple imperative — market, environment, and income — in responding to climate change, said Agriculture Secretary Tom Vilsack on Thursday, his first day on the job. “We don’t have a day to waste on this,” he told reporters while indicating that the USDA will move at deliberate speed to identify and support successful mitigation practices.

“A lot of these practices, while they may be good, aren’t always free or they require some investment or they require some new knowledge,” said Bonnie.