Invest in climate change and agriculture

Economic analyses find that there are many climate change mitigation opportunities in agriculture. Now is the time to seize them. Photo: V Atakos (CCAFS) in Kenya.
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As the time frame for limiting climate change shortens, public and private investment in low emissions agriculture must rapidly scale up to meet climate change mitigation targets.

As investors, companies and farmers face evolving climate-related risks to production and stability of supply chains, now is the time to transform to low-carbon and resilient global food systems. Below are economic analyses and business cases for achieving climate change mitigation in agriculture, with a focus on opportunities in production. More business cases are on the way.

Economic analyses and business cases

Gromko D, Abdurasalova G. 2018. Climate change mitigation and food loss and waste reduction: Exploring the business case. CCAFS Working Paper no. 246.

Agroforestry

Bunn C, Schreyer F, Castro F. 2018. The economic case for climate action in West-African cocoa production report. Cali, Colombia: CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS).

Porras I, Amrein A, Vorley B. 2015 Reforestation, carbon sequestration and agriculture: can carbon financing promote sustainable smallholder activities in Nicaragua? IIED and Hivos.

Cereals

Gromko D. 2018. Business models for reducing greenhouse gas emissions from food loss and waste: Improving cereal storage in Tanzania could reduce food loss and emissions by 14%. Wageningen, the Netherlands: CCAFS.

Dairy

Ericksen P, Crane T. 2018. The feasibility of low emissions development interventions for the East African livestock sector: Lessons from Kenya and Ethiopia. International Livestock Research Institute (ILRI) Research Report 46. 

Gromko D. 2018. Business models for reducing greenhouse gas emissions from food loss and waste: Reducing milk spoilage in Kenya could reduce food loss and emissions by 10.5%. Wageningen, the Netherlands: CCAFS.

Kashangaki J, Ericksen P. 2018. Cost–benefit analysis of fodder production as a low emissions development strategy for the Kenyan dairy sector. ILRI Project Report.

Wilkes A, van Dijk S, Odhong' C. 2018. The potential for reduced consumption of high- emission energy in Kenya’s dairy sector. CCAFS Info Note. 

Rice

Tran Van The. Developing an investment plan for low emission development interventions from rice production in Vietnam's Nationally Determined Contributions. Presentation at International conference on agricultural emissions and food security: Connecting research to policy and practice.

Tomatoes

Gromko D. 2018. Business models for reducing greenhouse gas emissions from food loss and waste: Crates to transport tomatoes in Nigeria could reduce food loss and emissions by 36%. Wageningen, the Netherlands: CCAFS.

Methods

WBCSD. 2018. The business case for investing in soil health. Geneva: WBCSD.

National and corporate emissions accounting

Basak R. 2016. Monitoring, reporting, and verification requirements and implementation costs for climate change mitigation activities: Focus on Bangladesh, India, Mexico, and Vietnam. CCAFS Working Paper no. 162. Copenhagen, Denmark: CCAFS.

More information

Falconer A. 2017. Climate finance: agriculture investments. Climate Policy Initiative presentation. 

Lee J, Martin A, Kristjanson P, Wollenberg E. 2015. Implications on equity in agricultural carbon market projects: a gendered analysis of access, decision making, and outcomes. Environment and Planning A 47:2080-2096.

Mendizabal CA. 2018. How can we turn climate-smart agriculture to a good investment?CCAFS blog.

Sadler MP; Millan Arredondo A, Swann SA, Vasileiou I, Baedeker T, Parizat R, Germer LA, Mikulcak F. 2016. Making climate finance work in agriculture. Washington DC, USA: World Bank Group.

Sellare J. 2016. Are climate-smart agricultural practices economically desirable? CCAFS blog.


CCAFS works with multiple partners on investment, economic analyses and business cases.

For more information on investing in climate-smart agriculture, please contact:

Alberto Millan, Senior Climate Finance Specialist a.millan@cgiar.org

Julianna White, Program Manager for Low Emissions Development julianna.m.white@uvm.edu