The U.S. Department of Agriculture is developing a new initiative to finance the deployment of climate-smart farming and forestry practices to aid in the marketing of climate-smart agricultural commodities including cotton. The department will support a set of pilot projects that provide incentives to implement climate-smart conservation practices on working lands and to quantify and monitor the carbon and greenhouse gas benefits associated with those practices. USDA plans to announce the Notice of Funding Availability (NOFA) for the project proposals accepted in early 2022. The U.S. Cotton Trust Protocol, the sustainability program of the U.S. cotton industry, submitted a proposal, and Reece Langley, Vice President of Washington Operations for the National Cotton Council, joins us with more details.