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Enhancing investment in soil health and carbon storage: Frontiers for linking finance and carbon accounting

Event Date and time

Venue

Online

This webinar is an opportunity to scale up finance for soil carbon by bringing together communities that usually don’t communicate (finance, soil carbon, and measurement). It's more than another technical or financial webinar on soil carbon; it's the frontier of system transformation.

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<div style="margin-bottom:5px"><strong>Presentation: <a href="//www.slideshare.net/cgiarclimate/enhancing-investment-in-soil-health-and-... target="_blank">Enhancing investment in soil health and carbon storage: Frontiers for linking finance and carbon accounting</a></strong></div>
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<p style="text-align: center;"><strong><a href="https://soilcarbon.weebly.com/">Check out the event resource site</a></strong></p>
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<p>Enhancing soil health can contribute to improving agricultural productivity as well as soil organic carbon (SOC) sequestration. UNFCCC&rsquo;s Koronivia Joint Work on Agriculture, Sustainable Development Goal 15 and the Land Degradation Neutrality framework demonstrates the increasing attention of policymakers to the importance of SOC for land productivity and food security. In addition to that, the <a href="http://www.4p1000.org/">4 per 1000 Initiative</a> has been promoting a global partnership intending to facilitate efforts across multiple stakeholders to promote action at all levels to increase SOC stocks globally.</p>
<p>Despite the broad international attention, a large gap remains between the potential of SOC sequestration and implementation of practices on the ground. As the investment community seeks to improve its climate impacts, many organizations are now asking how to best support implementation of those practices. Diverse opportunities for public and private finance exist and are emerging. For example, the UNCCD set up the <a href="https://www.unccd.int/actions/impact-investment-fund-land-degradation-ne... Degradation Neutrality (LDN) Fund</a> as an &ldquo;impact investment fund blending resources from the public, private and philanthropic sectors in support of achieving LDN through sustainable land management and land restoration projects undertaken by the private sector worldwide.&rdquo;</p>
<p>Major constraints are the need for transparent, accurate, consistent and comparable methods for accounting changes in SOC stocks and net GHG emissions, notably through the use of new technologies, as well as the need to enable standardized approach at low transaction costs. Promising approaches combine pragmatic and user-friendly tools with site-specific modeling and make use of geospatial data sources and blockchain technology.</p>
<h3>Purpose</h3>
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<p>This webinar aims to support investment-oriented actions promoting soil health and carbon storage by improving the accounting of soil carbon sequestration. We seek to answer the question: How can soil carbon accounting improve to support investment-oriented actions promoting soil health and carbon storage?&nbsp;</p>
<p>The event will bring together multilateral development banks, private banks, and other investors, donors, and implementing organizations with developers and providers of tools and project standards, to share experiences and develop solution pathways for enhanced investment and SOC accounting.</p>
<p>The webinar was open to the public. Presentations can be found above.</p>
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<h3 id="SoilCarbonMRVforFinance-DraftAgenda(Subjecttochange)">Agenda</h3>
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<p id="SoilCarbonMRVforFinance-Session1-Theneedforsoilcarbonaccounting"><strong>Session 1 - The need for soil carbon accounting</strong></p>
<p>Objective: Identify needs of the finance community and issues in linking finance and soil carbon accounting</p>
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<p>Welcome and introduction &ndash; Ciniro Costa Jr., CCAFS</p>
<p>Overview of agenda &ndash; Tim Mealey, <a href="https://merid.org/" target="_blank">Meridian Institute</a></p>
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<p>Keynote presentation: Investing in soil carbon sequestration: Overview of opportunities and challenges &ndash; Deborah Bossio, <a href="https://www.nature.org/en-us/" target="_blank">The Nature Conservancy</a></p>
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<p>Setting the scene:</p>
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<li>Linking public support to agricultural producers to soil health &ndash; Martien van Nieuwkoop, <a href="https://www.worldbank.org/" target="_blank">World Bank Group</a></li>
<li>Technical accounting: Essential aspects of carbon accounting systems and challenges &ndash; Keith Paustian, <a href="https://www.colostate.edu/" target="_blank">Colorado State University</a></li>
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<p id="SoilCarbonMRVforFinance-Session2-Soilcarbonaccountingfrontiers"><strong>Session 2 - Soil carbon accounting frontiers</strong></p>
<p>Objective: Learn from emerging experiences linking investment and soil carbon accounting</p>
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<p><a href="https://verra.org/" rel="nofollow">Verra</a> &ndash; development and management of standards for sustainable development and climate action goals. Stefan Jirka, Manager LandScale.</p>
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<p><a href="https://www.indigoag.com/" rel="nofollow">Indigo</a> &ndash; unlocking carbon markets through research and entrepreneurial community efforts. Dan Harburg, Director</p>
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<p><a href="https://www.daganinc.com/" rel="nofollow">Dagan, Inc</a> &ndash; estimating soil carbon sequestration using remote sensing. William Salas, President of Dagan, Inc</p>
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<p><a href="http://www.nori.com" rel="nofollow">Nori</a> &ndash; blockchain-based two-sided marketplace to measure, verify and trade soil carbon sequestration. Aldyen Donnelly, Director of Carbon Economics</p>
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<p><a href="https://ecosystemservicesmarket.org/" rel="nofollow">Ecosystem Services Market Consortium</a> (ESMC) - leading US and international NGO&#39;s, companies, and experts. ESMC quantifies and generates assets and credits for improved soil carbon, net GHG emissions and water quantity. Debbie Reed, Executive Director</p>
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<p><a href="https://www.legislation.gov.au/Details/F2018L00089/Explanatory%20Stateme... rel="nofollow">Carbon Farming Initiative</a> - Emissions Reduction Fund &ndash; the Australian government scheme, including methods for crediting soil carbon eligible under a national target in line with the Paris Agreement, Beverley Henry, Institute for Future Environments-QUT</p>
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<p><a href="https://climate.com/" rel="nofollow">Bayer: Climate Field View</a> - Precision farming tool combined with remote sensing and sensors, Pamela M. Bachman, Digital Agriculture &amp; Sustainability Lead, The Climate Corporation, a subsidiary of Bayer</p>
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<p><a href="http://www.fao.org/3/i7235en/I7235EN.pdf" rel="nofollow">RECSOIL:</a> Recarbonization of global soils, Ronald Vargas, Global Soil Carbon Partnership - FAO</p>
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<p>Closing remarks &ndash; Paul Luu, <a href="https://www.4p1000.org/" target="_blank">4per1000</a></p>
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<h3 id="SoilCarbonMRVforFinance-Sponsoringorganizations">Sponsoring organizations</h3>
<p>This event is co-organized by CCAFS, <a href="https://www.nature.org/en-us/">The Nature Conservancy</a>,<a href="https://www.4p1000.org/"> 4 per 1000</a> Executive Secretariat, <a href="https://www.worldbank.org/">World Bank</a> and the <a href="https://merid.org/">Meridian Institute</a>.</p>
<p><img alt="" src="/sites/default/files/images/ccafs%20logo%20for%20web.jpg" style="width: 175px; height: 65px;" /><img alt="" src="/sites/default/files/images/4P1000%20logo.png" style="width: 75px; height: 126px;" /><img alt="" src="/sites/default/files/images/TNC-Partner-Logo-Website.png" style="width: 150px; height: 55px;" /><img alt="" src="/sites/default/files/images/wb-logo.png" style="width: 200px; height: 42px;" /></p>