Agriculture Background Paper: Climate Bonds Standard & Certification Scheme

The current trajectory of climate change, expected to lead to a global warming of 3.1-3.7°C by 2100, poses an enormous threat to the future of the world’s nations and economies. The aim of the Paris Agreement is to limit warming to a global average of no more than 2°C higher than pre-industrial leve...

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Main Authors: Wollenberg, Eva Karoline, Stirling, Claire, Havlík, Petr, Vuuren, Detlef P. van, Stehfest, Elke, Dittmer, Kyle M.
Format: Manual
Language:Inglés
Published: Climate Bonds Initiative 2021
Subjects:
Online Access:https://hdl.handle.net/10568/114183
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author Wollenberg, Eva Karoline
Stirling, Claire
Havlík, Petr
Vuuren, Detlef P. van
Stehfest, Elke
Dittmer, Kyle M.
author_browse Dittmer, Kyle M.
Havlík, Petr
Stehfest, Elke
Stirling, Claire
Vuuren, Detlef P. van
Wollenberg, Eva Karoline
author_facet Wollenberg, Eva Karoline
Stirling, Claire
Havlík, Petr
Vuuren, Detlef P. van
Stehfest, Elke
Dittmer, Kyle M.
author_sort Wollenberg, Eva Karoline
collection Repository of Agricultural Research Outputs (CGSpace)
description The current trajectory of climate change, expected to lead to a global warming of 3.1-3.7°C by 2100, poses an enormous threat to the future of the world’s nations and economies. The aim of the Paris Agreement is to limit warming to a global average of no more than 2°C higher than pre-industrial levels by the end of the century, and ideally no more than 1.5°C. The effects of climate change and the risks associated even with a 2ºC rise are significant: rising sea levels, increased frequency and severity of hurricanes, droughts, wildfires and typhoons, and changes in agricultural patterns and yields. Meeting the 2ºC goal requires a dramatic reduction in global greenhouse gas emissions. At the same time, the world is entering an age of unprecedented urbanisation and related infrastructure development. Global infrastructure investment is expected to amount to USD 90 trillion over the next 15 years, more than the entire current infrastructure stock. To ensure sustainable development and avoid dangerous climate change, this infrastructure needs to be low-carbon and resilient to physical climate impacts, without compromising the economic growth needed to improve the livelihoods and wellbeing of the world’s poorer citizens. Ensuring that the infrastructure built is low-carbon raises the annual investment needs by 3–4%. Climate adaptation needs add another significant amount of investment, which is estimated at USD 280–500 billion per annum by 2050 for a 2ºC scenario.
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spelling CGSpace1141832024-01-23T12:03:58Z Agriculture Background Paper: Climate Bonds Standard & Certification Scheme Wollenberg, Eva Karoline Stirling, Claire Havlík, Petr Vuuren, Detlef P. van Stehfest, Elke Dittmer, Kyle M. agriculture climate change food security livestock finance The current trajectory of climate change, expected to lead to a global warming of 3.1-3.7°C by 2100, poses an enormous threat to the future of the world’s nations and economies. The aim of the Paris Agreement is to limit warming to a global average of no more than 2°C higher than pre-industrial levels by the end of the century, and ideally no more than 1.5°C. The effects of climate change and the risks associated even with a 2ºC rise are significant: rising sea levels, increased frequency and severity of hurricanes, droughts, wildfires and typhoons, and changes in agricultural patterns and yields. Meeting the 2ºC goal requires a dramatic reduction in global greenhouse gas emissions. At the same time, the world is entering an age of unprecedented urbanisation and related infrastructure development. Global infrastructure investment is expected to amount to USD 90 trillion over the next 15 years, more than the entire current infrastructure stock. To ensure sustainable development and avoid dangerous climate change, this infrastructure needs to be low-carbon and resilient to physical climate impacts, without compromising the economic growth needed to improve the livelihoods and wellbeing of the world’s poorer citizens. Ensuring that the infrastructure built is low-carbon raises the annual investment needs by 3–4%. Climate adaptation needs add another significant amount of investment, which is estimated at USD 280–500 billion per annum by 2050 for a 2ºC scenario. 2021-06-01 2021-07-02T17:12:02Z 2021-07-02T17:12:02Z Manual https://hdl.handle.net/10568/114183 en https://www.climatebonds.net/standard/agriculture Open Access Climate Bonds Initiative Wollenberg E, Stirling C, Havlík P, van Vuuren D, Stehfest E, Dittmer KM. 2021. Agriculture Background Paper: Climate Bonds Standard & Certification Scheme. London, UK: Climate Bonds Initiative.
spellingShingle agriculture
climate change
food security
livestock
finance
Wollenberg, Eva Karoline
Stirling, Claire
Havlík, Petr
Vuuren, Detlef P. van
Stehfest, Elke
Dittmer, Kyle M.
Agriculture Background Paper: Climate Bonds Standard & Certification Scheme
title Agriculture Background Paper: Climate Bonds Standard & Certification Scheme
title_full Agriculture Background Paper: Climate Bonds Standard & Certification Scheme
title_fullStr Agriculture Background Paper: Climate Bonds Standard & Certification Scheme
title_full_unstemmed Agriculture Background Paper: Climate Bonds Standard & Certification Scheme
title_short Agriculture Background Paper: Climate Bonds Standard & Certification Scheme
title_sort agriculture background paper climate bonds standard certification scheme
topic agriculture
climate change
food security
livestock
finance
url https://hdl.handle.net/10568/114183
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