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Soil Wealth Financing Project Receives Grant Funding

A multi-stakeholder initiative led by Croatan Institute received a $700,000 Conservation Innovation Grant from NRCS. The project is aimed at developing an innovative, place-based financing model to support the adoption of farming systems that improve “soil wealth.” According to a press release, this project will develop the emerging concept of rural regenerative organic agricultural districts, also known as ROADs, to help agricultural producers and landowners finance soil wealth using land-secured financing mechanisms and other place-based investing approaches that could unlock new sources of capital for implementing conservation practices with regenerative agricultural features. The national project will focus on four particular areas and products: diversified farming in North Carolina, grain and livestock systems in Wisconsin, perennial crops and dairy in Oregon and Washington, and diversified grain and livestock in Kansas and Missouri.