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The geographical distribution of climate finance for agriculture

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Field Value
 
Title The geographical distribution of climate finance for agriculture
 
Creator Hoogzaad J
Hoberg J
Haupt F
 
Subject adaptation
economic systems
carbon
climate change
agriculture
food security
 
Description From 2010 to 2012, climate finance in the agricultural sector shifted
dramatically to increase public funds for adaptation (USD 155 to 314
million) and decrease private funds for climate change mitigation
(USD 289 to 48 million), primarily due to declining carbon prices in
2010 and 2011 and countries’ commitments to fast-start finance
under the UNFCCC.

Emerging economies such as China, South Africa, Brazil, Uzbekistan
and Mexico were the main beneficiaries from carbon-market
finance for mitigation, while Sub-Saharan Africa was the main
beneficiary when finance shifted to adaptation.

The bulk of mitigation finance in 2010-2012 from carbon markets
went to reducing N2O emissions from fertilizer production, followed
by using agricultural residues as a biomass energy source, or as a
source of biogas and reduced tillage projects.

Ethiopia was the single largest recipient of dedicated adaptation
finance (USD 25 million in 2010, 2011 and 2012)

A broader approach to climate finance that supports sustainable
intensification, more resilient agricultural practices and low
emissions development over the long-run would support more
stable and evenly distributed investment.
 
Date 2014-06-01
2015-10-27T11:08:04Z
2015-10-27T11:08:04Z
 
Type Report
 
Identifier Hoogzaad J, Hoberg J, Haupt F. 2014. The geographical distribution of climate finance for agriculture. Washington DC: Climate Focus.
https://hdl.handle.net/10568/68686
http://www.climatefocus.com/sites/default/files/the_geographical_distribution_of_climate_finance_for_agriculture_0.pdf
 
Language en
 
Rights Open Access
 
Publisher Climate Focus