16 USC 3845 - Environmental services markets

U.S Code last checked for updates: Nov 23, 2024

§ 3845.

Environmental services markets

(a)

Technical guidelines required

(b)

Establishment

The Secretary shall establish guidelines under subsection (a) for use in developing the following:

(1)

A procedure to measure environmental services benefits.

(2)

A protocol to report environmental services benefits.

(3)

A registry to collect, record and maintain the benefits measured.

(c)

Verification requirements

(1)

Verification of reports

(2)

Role of third parties

(d)

Use of existing information

(e)

Consultation

In carrying out this section, the Secretary shall consult with the following:

(1)

Federal and State government agencies.

(2)

Nongovernmental interests including—

(A)

farm, ranch, and forestry producers;

(B)

financial institutions involved in environmental services trading;

(C)

institutions of higher education with relevant expertise or experience;

(D)

nongovernmental organizations with relevant expertise or experience; and

(E)

private sector representatives with relevant expertise or experience.

(3)

Other interested persons, as determined by the Secretary.

(Pub. L. 99–198, title XII, § 1245, as added Pub. L. 110–234, title II, § 2709, May 22, 2008, 122 Stat. 1081, and Pub. L. 110–246, § 4(a), title II, § 2709, June 18, 2008, 122 Stat. 1664, 1809.)

cite as: 16 USC 3845