ESMC Names Science Advisors, Adds Six New Members

The Ecosystem Services Market Consortium (ESMC) today announced selection of science advisors to provide scientific expertise to the four working groups within the Consortium’s research arm, known as the Ecosystem Services Market Research Consortium (ESMRC). Working group co-leads were also named. The ESMRC working groups are focused on investments in research, development, demonstration and deployment to increase rigor and reduce costs for the fully functioning science-based, standards-based, and outcomes-based ESMC marketplace for agriculture.

The working groups’ efforts will continue to enhance the scientific underpinning for the voluntary ecosystems services market that ESMC will launch in 2022. The ESMC market is a voluntary, market-based approach to incentivize farmers and ranchers to implement conservation practices that provide quantified ecosystem benefits. ESMC is pilot testing its protocols on 50,000 acres of ranch land and farmland in the Southern Great Plains and is launching additional pilots in 2020. Read the full press release here.