Financing High Performance Climate Adaptation in Agriculture: Climate Bonds for Multi-Functional Water Harvesting Infrastructure on the Canadian Prairies

Lazurko, Anita; Venema, Henry David

doi:10.3390/su9071237

Cited by 12 publications

(6 citation statements)

References 14 publications

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“…Research conducted for agriculture in Brazil, Serbia and Ukraine shows that the chronic lack of financial resources in the agricultural production phase (before harvest) is one of the most common factors limiting the achievement of better production results, and thus financial results (Kovačević et al, 2018). Similar challenges are faced by agriculture located in the Canadian prairies, which is susceptible to climate shocks, manifested by an increase in temperature and changes in the rainfall pattern (increase of spring precipitation and their decrease in summer), which causes stretching during the dry vegetation period in agriculture (Lazurko and Venema, 2017).…”

Section: Literature Reviewmentioning

confidence: 99%

Co-Financing of Organic Farming in the EU: Necessity or Fantasy?

Brelik¹,

Gołębiewska²,

Franc-Dąbrowska³

2020

ERSJ

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Purpose: The purpose of the work is to analyse and assess the situation of organic farming in the EU, as well as the support system that is targeted at this type of activity. Design/Methodology/Approach: Organic farming has shown dynamic growth and development in the last two decades, especially in economically developed countries. The study concerns sources of support for the development of organic farming in EU countries. An analytical and descriptive method based on Eurostat Faostat, Polish FADN, Statistical Yearbook of the Republic of Poland, as well as official documents and reports were used. The development of the number and area of organic farms was analysed, and mechanisms of financing ecological activity on farms were discussed. Findings: Based on the analysed information, it was found that organic farming is not developing in a similar way in all EU countries. The results of the analyses show that the main reason for conducting this type of production was the compensation paid to farmers under the CAP. Practical Implications: The obtained results can be used in analyses of agricultural policy in the scope of supporting farmers conducting production with the ecological system, considering the international perspective. Such studies are not carried out very often, and in addition, changes occur so quickly that the phenomenon should be monitored on an ongoing basis. Originality/Value: The results and conclusions are crucial because they indicate that the policy used is important and should be expanded. The legitimacy of using both the national and EU financing system for the development of organic farming has been demonstrated. Financial support should be more flexible and tailored to the needs of beneficiaries.

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Section: Literature Reviewmentioning

confidence: 99%

Co-Financing of Organic Farming in the EU: Necessity or Fantasy?

Brelik¹,

Gołębiewska²,

Franc-Dąbrowska³

2020

ERSJ

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“…Emerging financial instruments play a crucial role in addressing the challenges of financing sustainable development. Climate bonds have emerged as an innovative financial instrument to channel investments towards climate-friendly projects (Lazurko & Venema, 2017). These bonds are designed to raise capital for projects that have positive environmental impacts, such as renewable energy and energy efficiency initiatives.…”

Section: Emerging Financial Instruments and Private Sector Engagementmentioning

confidence: 99%

International climate finance mechanisms: A review with focus on Africa

Olawale Adisa,

Bamidele Segun Ilugbusi,

Ogugua Chimezie Obi

et al. 2024

Int. J. Sci. Res. Arch.

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Climate change poses an unprecedented threat to the global environment, with far-reaching consequences for vulnerable regions, particularly in Africa. This paper provides a comprehensive review of international climate finance mechanisms, shedding light on their effectiveness in addressing climate-related challenges, with a specific focus on the African continent. As climate change continues to exacerbate existing vulnerabilities, understanding and optimizing the mechanisms through which financial support is channeled to affected regions becomes paramount. The paper explores a range of international climate finance mechanisms, including multilateral funds, bilateral agreements, and private sector initiatives. It assesses their strengths and weaknesses in terms of mobilizing resources, promoting sustainable development, and enhancing climate resilience. The analysis also delves into the evolving landscape of climate finance, considering the emerging role of innovative financial instruments and the potential for leveraging private sector investments to complement public funding. Focusing on Africa, the review examines the unique challenges faced by the continent, such as extreme weather events, water scarcity, and agricultural disruptions. It assesses the suitability and impact of existing climate finance mechanisms in addressing these challenges and supporting Africa's adaptation and mitigation efforts. The study also considers the effectiveness of capacity-building initiatives to enhance the ability of African nations to access and utilize climate finance resources efficiently. Furthermore, the paper highlights the need for enhanced transparency, accountability, and governance in the disbursement and utilization of climate finance in Africa. It emphasizes the importance of inclusive and participatory approaches that engage local communities and ensure that climate finance contributes to sustainable development goals while addressing the specific needs of the most vulnerable populations. This review provides a nuanced understanding of international climate finance mechanisms, offering insights into their application and impact in the context of Africa's unique climate challenges. By identifying opportunities for improvement and addressing existing gaps, the paper aims to contribute to the ongoing discourse on optimizing climate finance for a more resilient and sustainable future.

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“…Therefore, as shown in Figure 1, green finance, driven by policy orientation, provides a green channel for improving the efficiency of resource utilization and the level of WEF synergy. Green finance eases the financial constraints on infrastructure construction [45], resource technology innovation [30], and system structure adjustment [29,31]. This not only promotes the efficiency of each subsystem but also drives the development of other subsystems [11].…”

Section: The Impact Of Green Finance On the Wef Synergymentioning

confidence: 99%

Can Green Finance Be a Regulator of “Water–Energy–Food” Synergy? Evidence from the Yangtze River Delta

Wang

2024

Sustainability

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The synergistic relationship between water, energy, and food faces increasing challenges. Green finance as a policy tool promotes high-quality and efficient development of water, energy, and food subsystems. However, whether it can improve the synergistic relationship of “water–energy–food” (WEF) still needs to be studied. Using the panel data of 38 prefecture-level cities in the Yangtze River Delta (YRD) from 2013 to 2021, and network DEA and panel regression models, we study the impact of green finance on the level of synergy of “water–energy–food”. The results of the study show that green finance can promote the synergy level of “water–energy–food” in the Yangtze River Delta city cluster, which was first inhibited and then promoted from 2013 to 2021. The impacts of green finance on the efficiency of the three subsystems are also characterized by a “U” shape. However, linear impacts show differences, with green finance improving the efficiency of the water subsystem but not the energy and food subsystems. The implementation of China’s national strategies empowers green finance. The digital strategy, the “dual carbon” strategy, and the new urbanization strategy have increased the effectiveness of green finance in contributing to the level of water–energy–food synergy. Regional heterogeneity analysis shows that the promotion effect of green finance mainly exists in non-resource-based cities, non-main grain-producing areas, and non-cities along the South-to-North water diversion route and large cities. Finally, this paper puts forward relevant policy recommendations.

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Financing High Performance Climate Adaptation in Agriculture: Climate Bonds for Multi-Functional Water Harvesting Infrastructure on the Canadian Prairies

Cited by 12 publications

References 14 publications

Co-Financing of Organic Farming in the EU: Necessity or Fantasy?

Co-Financing of Organic Farming in the EU: Necessity or Fantasy?

International climate finance mechanisms: A review with focus on Africa

Can Green Finance Be a Regulator of “Water–Energy–Food” Synergy? Evidence from the Yangtze River Delta

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