Monthly Archives: November 2021

New program sheds light on cover crop financials with big data

By Vincent Gauthier / Bio / Published: November 10, 2021

This post was co-authored by Katherine Wilts Johnson, extension economist at the University of Minnesota’s Center for Farm Financial Management.

Farmers’ interest in cover crops is growing rapidly along with increased focus on soil health. But one of the most important questions farmers continue to ask is how cover crops will impact their finances.

A new program launched by Environmental Defense Fund and the University of Minnesota’s Center for Farm Financial Management (CFFM) aims to answer the economic questions farmers have about cover crops by developing a new farm financial benchmarking program within the FINBIN database — the largest publicly available farm financial database in the country.

Posted in Uncategorized / Tagged cover crops, farm finance, FINBIN, soil health, sustainable agriculture | Comments are closed

The Grand Canyon Protection Act would advance water security and environmental justice at critical time

By Christopher Kuzdas / Bio / Published: November 9, 2021

Climate change and drought are bringing home the urgent need to protect the Grand Canyon and secure clean water supplies for all communities in the Colorado River Basin. With the compounding threat of uranium mining, the stakes are high in the Grand Canyon — a global treasure, economic driver for Arizona, and place of great cultural and spiritual importance to at least 12 sovereign indigenous nations.

If passed, the Grand Canyon Protection Act would make permanent the 20-year temporary ban (enacted in 2012) on new uranium and other hard rock mining on about 1 million acres of public land around Grand Canyon National Park. The bill was introduced earlier this year by Reps. Raúl Grijalva and Tom O’Halleran and Sens. Kyrsten Sinema and Mark Kelly, all Arizona Democrats. It has passed out of the House but has not yet received a vote in the Senate.

Posted in Uncategorized / Tagged colorado groundwater, grand canyon water, uranium mining, western water | Comments are closed

Banks take major step to turn climate commitments into action for global agriculture sector

By Maggie Monast / Bio / Twitter profile / Published: November 8, 2021

Today at COP26, the World Business Council for Sustainable Development announced the Banking for Impact on Climate in Agriculture (B4ICA) initiative in partnership with EDF, the United Nations Environment Programme Finance Initiative and the Partnership for Carbon Accounting Financials.

Banks representing over 40% of global banking assets have already committed to aligning their portfolios with net zero emissions by 2050.

A major theme of this COP — the international climate change conference — is the urgent need to transition from commitments to action.

Action is needed to protect the agriculture sector from climate change, as farmers around the world are exposed to increasingly volatile weather that threatens global food security and rural livelihoods. At the same time, the sector must reduce its own greenhouse gas emissions, particularly potent methane and nitrous oxide emissions.

Fortunately, farms have the potential to reduce emissions, sequester carbon and build resilience — but farmers need support to make change at the scale and pace required to avoid major losses. Read More »

Posted in Uncategorized / Tagged agricultural banks, agricultural finance, COP26, Farm Credit, farm credit system, sustainable agriculture | Comments are closed

Natural infrastructure can address growing climate impacts and save hundreds of billions of dollars annually in the process

By Eric Schwaab / Bio / Published: November 5, 2021

Across the world, more communities are experiencing significant impacts from our changing climate, with severe weather events becoming “the new norm” according to the recently released State of the Climate report. Without action, these disasters could require $20 billion in annual humanitarian aid according to the International Federation of Red Cross.

As world leaders meet this week in Scotland for COP26, they must do everything in their power to reduce emissions and avoid worsening climate scenarios. It is great to see critical attention to natural climate solutions like avoided tropical forest loss front and center at the COP.

At the same time, we must also invest in solutions that can save lives and property from those climate impacts that are already unavoidable. Fortunately, there are solutions that both reduce climate pollution and protect against impacts already being felt. A new report by the International Institute for Sustainable Development (IISD) provides insight into how to do that, showing that natural infrastructure can save hundreds of billions of dollars annually in climate adaptation costs, while delivering the same or better outcomes as traditional, hardened infrastructure.

Posted in Uncategorized / Tagged climate spending, coastal flooding, coastal resilience master plan, Coasts, natural infrastructure | Comments are closed

Global leaders can’t fulfill their methane promises without agriculture

By Britt Groosman / Bio / Published: November 5, 2021

Methane pollution from energy, agriculture and other industries has emerged as a key focal point at COP26 as more than 100 countries, representing two-thirds of the global economy, pledged to cut methane emissions 30% by 2030.

This is a huge step.

Methane is one of the most potent GHGs that is expected to cause half of the projected temperature rise over the next two decades. By reducing emissions of methane — which has more than 80 times the near-term warming power of carbon dioxide — we can hit the brakes on the increasingly rapid warming responsible for stronger storms and hotter fire seasons. Read More »

Posted in Uncategorized / Tagged climate-smart agriculture, COP26, livestock emissions, methane pollution, sustainable agriculture | Comments are closed