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OEMOffice of Environmental Markets
Tools for Environmental Markets
Mindy SelmanUSDA Office of Environmental Markets
NACD Annual MeetingJanuary 30, 2018
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Outline
• About the USDA Office of Environmental Markets
• Tools for Environmental Markets– EnviroAtlas– RIBITS registry (coming soon)– Nutrient Tracking Tool
Slide 2
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Outline
• About the USDA Office of Environmental Markets
• Tools for Environmental Markets– EnviroAtlas– RIBITS registry (coming soon)– Nutrient Tracking Tool
Slide 3
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Office of Environmental Markets
• OEM tasked with facilitating participation of private landowners in environmental markets
• Build tools to facilitate markets and reduce transaction costs
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Outline
• About the USDA Office of Environmental Markets
• Tools for Environmental Markets– EnviroAtlas– RIBITS registry (coming soon)– Nutrient Tracking Tool
Slide 5
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Slide 6
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U.S. Market Growth 1985 ‐ 2015
Slide 7
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Outline
• About the USDA Office of Environmental Markets
• Tools for Environmental Markets– EnviroAtlas– RIBITS registry (coming soon)– Nutrient Tracking Tool
Slide 8
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What do registries do?
• Record and track project information• Issue credits and record transactions• Standardize data• Provide program transparency• BUT can be expensive to build and maintain
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Expanding RIBITS for WQ
• RIBITS is a national registry for wetlands and habitat compensatory mitigation programs
• OEM working with Army Corps to expand RIBITS for WQ
• Working with 2 pilot programs– Iowa– Virginia
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Slide 11
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Slide 12
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Outline
• About the USDA Office of Environmental Markets
• Tools for Environmental Markets– EnviroAtlas– RIBITS registry (coming soon)– Nutrient Tracking Tool
Slide 13
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About NTT
NTT is an online, field‐scale tool for estimating N, P and sediment losses from crop and pasture lands.
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History of NTT
• Developed to facilitate Water Quality Trading• Prototyped by Texas Institute for Applied Environmental Research (TIAER) and NRCS in 2008 – 2010
• OEM worked to TIAER to develop the current version of NTT which is national in scope and represents the 3rd generation of NTT
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Purpose of NTT
• OEM supported development of NTT as the science tool behind water quality trading
• Other applications:– Corporate sustainability/supply chain sust.– Education & outreach– Planning– Research & analysis
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Let’s get technical…
• NTT uses the Agriculture Policy Environmental eXtender (APEX) model
• Data used by APEX– National Soils Database (SSURGO)– PRISM climate database– 30m resolution DEM data (to estimate slope)
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Slide 21
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