Growing Returns

Financial leaders release climate risk report calling for agricultural resilience

By / Bio / Twitter profile / Published: September 9, 2020

A report released today by a subcommittee of the U.S. Commodity Futures Trading Commission, Managing Climate Risk in the U.S. Financial System, examines the threat that increasingly extreme and volatile weather poses to the stability of financial markets, including U.S. agricultural markets. Representatives from EDF served on the 35-member panel.

The report found climate risks pose a wide range of threats to U.S. agriculture — including heat stress on farmworkers, livestock and crops, soil and water quality degradation, more frequent supply chain disruptions and productivity declines. Read More »

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How states can finance coastal resilience before the next disaster

By / Bio / Published: September 9, 2020

As climate change drives more intense storms, hurricane-related costs in the United States have increased 1,100% since 1980, and the population of counties prone to hurricane damage has increased at least 22% faster than the overall U.S. population has grown.

State governments must prioritize rebuilding better and investing in climate resilience now to avoid the skyrocketing costs of future disasters. Every $1 invested to mitigate a disaster saves $6 in recovery. Read More »

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3 steps for agricultural lenders to mitigate climate risk and finance resilience

By / Bio / Twitter profile / Published: September 2, 2020

Farmers in the U.S. are facing severe challenges including poor economic conditions, extreme weather and disruptions from the COVID-19 pandemic. These risks also impact farmers’ financial partners, including agricultural lenders.

While some of these risks are difficult to anticipate and plan for, there are growing opportunities and resources available for farmers and their lenders to better understand their vulnerabilities related to climate change — and take steps to build resilience.

A new report, Financing Resilient Agriculture: How Agricultural Lenders Can Reduce Climate Risk and Help Farmers Build Resilience, finds that lenders can reduce risk by supporting farmer investments in conservation practices like no-till and cover crops that are known to build climate resilience.

This report provides a path forward for lenders to support a more productive, profitable and resilient agricultural system.

Read More »

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A new kind of supply chain initiative will help pollinators and farmers alike

By / Bio / Published: August 25, 2020

California produces the majority of the world’s almonds, with nearly 1.53 million acres dedicated to almond orchards. However, less than 20,000 of those acres are bee-friendly verified with pollinator habitat and reduced pesticide use.

As bees and other important pollinator populations decline sharply, it is imperative to change the trajectory of pollinator and biodiversity loss in key agricultural landscapes — and one food company is launching an effort to do just that. Read More »

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Golf courses planted 1,000 acres to save the monarch butterfly. Here’s why.

By / Bio / Published: August 18, 2020

In 2017, my EDF colleagues and I partnered with Audubon International to team up with a seemingly unlikely ally in pollinator conservation — golf courses.

Together, we launched Monarchs in the Rough, a program that partners with golf courses to restore monarch butterfly and other pollinator habitat in out-of-play areas. Read More »

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Corn farmers endorsed climate policies. Here’s what you need to know.

By / Bio / Published: August 13, 2020

The National Corn Growers Association (NCGA), which represents the interests of 300,000 U.S. corn farmers, recently approved more than a dozen climate policies as part of the policy positions its members vote on twice a year. In doing so, NCGA affirmed that climate change is real, and farmers are part of the solution. Read More »

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Don’t let funding dry up for safe and affordable drinking water

By / Bio / Published: August 12, 2020

Two important water reports were released recently that address the lack of safe and affordable drinking water in some California communities, despite our state’s position as an environmental leader. Read More »

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From Louisiana to New York, coastal leaders come together to build climate resilience

By / Bio / Twitter profile / Published: August 11, 2020

As extreme weather takes a greater toll, states are creating a new government position to confront climate challenges and keep residents safe. Nearly one dozen states have hired Chief Resilience Officers (CROs) in various areas of government, including the governor’s office, state departments of environment or state departments of public safety.

These officers are charged with improving collaboration internally across government and externally with the public — and to have a coordinated approach to securing and spending federal disaster resources.

CROs are often working urgently to respond to previous disasters while also shaping forward-looking strategies to build a more resilient future for their state. With such a high-stress, high-stakes job, it’s essential that these leaders collaborate and learn from one another.

Read More »

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Anticipating sharp declines in 2021 farm profitability, experts suggest cost savings from fertilizer efficiency

By / Bio / Published: July 28, 2020

Farmers across the country may not see profitable conditions for some time as the effects of COVID-19 suppress already meager profit margins.

Projections from the University of Illinois and the University of Missouri show that farm profits could fall significantly in 2021, and economists are recommending farmers examine fertilizer application and tillage passes for the potential to provide highly needed cost savings. Read More »

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Change in weather shifts Iowa farmer’s approach, saving money and time

By / Published: July 21, 2020

This blog is authored by Bethany Baratta, senior writer at Iowa Soybean Association. It originally posted on the Iowa Soybean Association Newsroom. 

Wayne Fredericks and his wife Ruth began farming in northern Iowa in the early 1970s. For the first 19 years of their farming careers, their farm was managed conventionally: corn stalks were plowed and soybean stubble was tilled before planting.

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Iowa farmer Wayne Fredericks says his integrated cropping system saves time and money and protects natural resources. (Photo: Joseph L. Murphy/Iowa Soybean Association)

It was a change in the weather that altered their conventional farming practices — for the better. Read More »

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