A reverse auction in the Conestoga watershed in Pennsylvania demonstrated that auctions are a more cost-effective way to allocate conservation funding than the traditional funding allocation process used in the U.S. Department of Agriculture’s
pay for performance
This Policy Note outlines how the environmental performance of agricultural BMPs can be estimated, and what steps are necessary for improving these estimations--both important elements for effectively allocating conservation funding. This Policy Note sets forth the following recommendations:
Can reverse auctions be used to achieve cost-effective improvements in environmental quality?
This Policy Note explores the allocation of funding in Farm Bill conservation programs, and offers recommendations on how to more efficiently and effectively allocate conservation funding.