Decision support for agricultural soil carbon sequestration: Multi-lateral development banks’ needs and challenges

Key messages Multi-lateral development banks (MDBs) have committed to financing climate change mitigation in agriculture and have adopted a harmonized methodology for attributing and reporting climate finance; however, design (including practice selection) and measurement of project impacts remains...

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Autor principal: Wironen, Michael
Formato: Brief
Lenguaje:Inglés
Publicado: CGIAR Research Program on Climate Change, Agriculture and Food Security 2018
Materias:
Acceso en línea:https://hdl.handle.net/10568/97613
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author Wironen, Michael
author_browse Wironen, Michael
author_facet Wironen, Michael
author_sort Wironen, Michael
collection Repository of Agricultural Research Outputs (CGSpace)
description Key messages Multi-lateral development banks (MDBs) have committed to financing climate change mitigation in agriculture and have adopted a harmonized methodology for attributing and reporting climate finance; however, design (including practice selection) and measurement of project impacts remains ad hoc. Decision-support tools such as “practice lists” help users identify and select practices for climate-smart agriculture (CSA) or specific outcomes such as soil organic carbon (SOC) sequestration. However, interviews suggest they are not widely used at MDBs. Practice lists fail to provide absolute quantification of the net mitigation or sequestration impact, which is the parameter of primary interest to MDBs. Hence, many MDBs use ex-ante estimation methods such as EX- ACT to determine the net impact of an investment. MDBs require better guidance on practice selection, recognizing that barriers such as scientific uncertainty, context-dependence, and adoption-dependence (i.e. persistence) limit the value of lists or ex-ante models. Some measurement, such as adopted in the Australian Emissions Reduction Fund, would significantly reduce uncertainties, at a potential cost tradeoff. The potential co-benefits of building SOC have led to interest in developing concessional lending programs and insurance products that factor in SOC levels, provided a means can be found to cost-effectively and reliably estimate and monitor SOC levels.
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spelling CGSpace976132025-02-20T11:27:48Z Decision support for agricultural soil carbon sequestration: Multi-lateral development banks’ needs and challenges Wironen, Michael soil carbon sequestration agriculture climate change mitigation Key messages Multi-lateral development banks (MDBs) have committed to financing climate change mitigation in agriculture and have adopted a harmonized methodology for attributing and reporting climate finance; however, design (including practice selection) and measurement of project impacts remains ad hoc. Decision-support tools such as “practice lists” help users identify and select practices for climate-smart agriculture (CSA) or specific outcomes such as soil organic carbon (SOC) sequestration. However, interviews suggest they are not widely used at MDBs. Practice lists fail to provide absolute quantification of the net mitigation or sequestration impact, which is the parameter of primary interest to MDBs. Hence, many MDBs use ex-ante estimation methods such as EX- ACT to determine the net impact of an investment. MDBs require better guidance on practice selection, recognizing that barriers such as scientific uncertainty, context-dependence, and adoption-dependence (i.e. persistence) limit the value of lists or ex-ante models. Some measurement, such as adopted in the Australian Emissions Reduction Fund, would significantly reduce uncertainties, at a potential cost tradeoff. The potential co-benefits of building SOC have led to interest in developing concessional lending programs and insurance products that factor in SOC levels, provided a means can be found to cost-effectively and reliably estimate and monitor SOC levels. 2018-10-09 2018-10-09T14:39:15Z 2018-10-09T14:39:15Z Brief https://hdl.handle.net/10568/97613 en Open Access application/pdf CGIAR Research Program on Climate Change, Agriculture and Food Security Wironen M. 2018. Decision support for agricultural soil carbon sequestration: Multi-lateral development banks’ needs and challenges. CCAFS Info Note. CGIAR Research Program on Climate Change, Agriculture and Food Security. Wageningen: The Netherlands.
spellingShingle soil carbon
sequestration
agriculture
climate change mitigation
Wironen, Michael
Decision support for agricultural soil carbon sequestration: Multi-lateral development banks’ needs and challenges
title Decision support for agricultural soil carbon sequestration: Multi-lateral development banks’ needs and challenges
title_full Decision support for agricultural soil carbon sequestration: Multi-lateral development banks’ needs and challenges
title_fullStr Decision support for agricultural soil carbon sequestration: Multi-lateral development banks’ needs and challenges
title_full_unstemmed Decision support for agricultural soil carbon sequestration: Multi-lateral development banks’ needs and challenges
title_short Decision support for agricultural soil carbon sequestration: Multi-lateral development banks’ needs and challenges
title_sort decision support for agricultural soil carbon sequestration multi lateral development banks needs and challenges
topic soil carbon
sequestration
agriculture
climate change mitigation
url https://hdl.handle.net/10568/97613
work_keys_str_mv AT wironenmichael decisionsupportforagriculturalsoilcarbonsequestrationmultilateraldevelopmentbanksneedsandchallenges