Apr 29, 2021
In this year of increased focus on climate action leading up to COP 26 UN Climate Conference in Glasgow, investors may be overlooking a sector ready to be harvested for its unique ability to fight the climate crisis - agriculture. In fact, some $972 billion flowing annually into the agriculture value chain could be channeled into transformative investment that would accelerate the adoption of climate-smart agriculture, according to a new report.
An untapped market
Agriculture is typically not a part of the $2 trillion invested and re-invested annually in ESG portfolios, the report showed; for example, in the third quarter of 2020 alone, there were $10 billion in corporate support for green bond issuance, but agriculture was not included. The reality, however, is that innovative financial mechanisms like green bonds and community finance could help farmers and ranchers tap into that capital.
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CONTENT: Press Release
ST. LOUIS, February 9, 2021 /3BL Media/ - In conjunction with World Business Council for Sustainable Development (WBCSD), The Mixing Bowl and Croatan Institute, U.S. Farmers & Ranchers in Action (USFRA) today issued a new report
[1] that analyzes the state of soil health technology and identifies opportunities to find new sources of capital to scale-up the adoption of climate-smart agriculture on farms and ranches across the U.S.
By 2025, widespread adoption of climate-smart agriculture practices could reduce U.S. agriculture’s contribution to total U.S. GHG emissions from 9.9%
[2] to 3.8%. These practices – including rotating crops, planting cover crops, reducing tillage and integrating crop and livestock systems – improve soil health, sequester carbon and produce co-benefits such as reduced erosion, increased water infiltration, and economic and environmental resiliency. By 2035, with increased investments and partnerships across the food and agricu