Growing Returns

How Farm Credit Canada uses partnerships to help farmers invest in sustainable practices

Fields in Canada being farmed.

Fields in Canada being farmed.

In 2022, Farm Credit Canada launched the Sustainability Incentive Program to recognize and encourage customers to implement sustainable farming practices. Through the program, FCC partners with agriculture industry-led sustainability initiatives that have established systems for verifying and measuring environmental outcomes. This model has allowed FCC to offer innovative financial incentives to farmers producing several different commodities.

I sat down with Curtis Grainger, FCC’s Director of Lending Products and Sustainability Programs, to learn more about Farm Credit Canada’s Sustainability Incentive Program.

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USDA plans to improve climate data and empower farmers

Researcher tests soybean viability at lab.

A better understanding of the big climate challenges facing U.S. agriculture and forestry will create better decisions about investments, research priorities and technical assistance. Photo from USDA ARS.

The Inflation Reduction Act made historic investments in rural and agricultural climate solutions, including providing $300 million to improve measurement, reporting and verification of the climate benefits of farm bill conservation programs. This week, the U.S. Department of Agriculture shared a framework for how they intend to spend those funds over the next eight years.

These investments are much needed and will benefit farmers and the planet. But stakes are high. Implementation efforts should be prioritized to get resources on the ground as soon as possible, while also being grounded in the best science and maintaining high transparency.

USDA proposing this framework is a critical step in the process, and it gives stakeholders a chance to influence the foundation of climate-smart action moving forward. Read More »

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Hurricane season is here again. And finally, leaders are addressing multiple flood risks.

Every year hurricanes present a variety of threats to communities along the Atlantic and Gulf of Mexico coasts. And these risks aren’t just from storm surge.

Harvey and Ida showed us the effect of heavy rainfall, while Hurricane Florence demonstrated how rivers can overflow into homes and businesses. Meanwhile, climate change is impacting sea level rise, which increases sunny day flooding and the trauma caused from storm events.

Flooding doesn’t just impact coastlines, it impacts entire communities both inland and by the water. It hinders parents’ ability to bring their children to school and it limits patients’ access to vital healthcare and medical services. Not to mention, flooding has inequitable impacts on the wealth, health and wellbeing of millions of families.

flooding from hurricane

As we enter into the 2023 hurricane season, we’re reminded of the urgent need to implement natural disaster mitigation strategies that address comprehensive flood and storm risks. Acting before the next storm strikes means protecting both communities and ecosystems, in addition to saving nearly six times the cost spent on disaster recovery.

The good news? Over the past year, leaders have responded to our call to act – a call that was supported by more than a hundred organizations around the country. Here are two major ways their efforts can prepare us for the next hurricane: Read More »

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Climate, agriculture, and finance: exploring connections at the Fed

Maggie Monast on a panel at the The Federal Reserve Bank of Kansas City’s 2023 Agricultural Symposium, “The Changing Geography of Agricultural Production.”

Maggie Monast as a panelist at the The Federal Reserve Bank of Kansas City’s 2023 Agricultural Symposium, “The Changing Geography of Agricultural Production.”

The Federal Reserve Bank of Kansas City’s 2023 Agricultural Symposium, “The Changing Geography of Agricultural Production,” explored the factors driving changes in where and how agricultural commodities are produced, disruptions that are leading to further geographical differences, and the role of investments and farm policy in the years ahead.

I had the honor of joining as a panelist with representatives from Farmer Mac and Rabo AgriFinance, where I shared EDF’s perspective on how climate change affects agricultural production and finance. Climate impacts on agriculture, from catastrophic weather events to temperature and rainfall variability, increase risks for farmers and their financial partners. This pattern of increasing disruption directly affects food availability, prices, and ultimately, what ends up on our plates. As one of my fellow panelists noted, “The one certainty in agriculture today is volatility.” Read More »

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Climate-driven floods could displace millions of Americans. Local buyout programs could help them relocate.

By Kelly Varian, Master of Public Affairs Student at UC Berkeley

Flooding is the most frequent and costly natural disaster in the United States, causing over $30 billion in damage annually, with disproportionate effects on low-income communities. With climate change exacerbating flood risk and population growth continuing in high-risk areas, over 40 million Americans living along rivers and inland floodplains, along with 13 million more on the coasts, could see their homes inundated with water by the end of the century. 

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EDF and partners launch interactive Grand Canyon website

A new website from EDF, American Rivers, and Four Corners Mapping provides a special look at the Grand Canyon through an educational, interactive journey. The interactive tool invites people to take a tour through the Grand Canyon and learn how the complexities of the Colorado River crisis impact the Grand Canyon and its surrounding communities and ecosystems through words, images, and short videos. Read More »

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New report: Investing in Arizona’s water future

This blog is co-authored by Rachel O’Connor, Manager, Climate Resilient Water Systems.

As Arizona’s water crisis worsens due to extreme drought and overuse, more attention than ever is being directed toward addressing this critical issue. At the federal level, an influx of funding has become available through the Bipartisan Infrastructure Law and Inflation Reduction Act. And at the state level, the Water Infrastructure Finance Authority (WIFA) has just begun accepting proposals for its first allocation of $200M for water conservation projects

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New report shows climate change will impact strawberry production in Florida

Authors: Dawn Shirreffs and Kelly Suttles

In 2022, the Florida legislature created the official designation of strawberry shortcake as the State Dessert. Key lime pie advocates may yet have a second chance to emerge victorious as important new research by Environmental Defense Fund and Two Degrees Adapt signals concern for growing strawberries in the Sunshine State due to climate change.

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Three priorities for a climate-smart farm bill

U.S. farmers and ranchers are already living with climate change. For example, they are facing shorter windows to get seeds in the ground and higher temperatures that can dry out soil faster. At the same time, agricultural production is a factor in climate change, contributing more than 10% of U.S. emissions. Congress owes it to farmers and ranchers to write a 2023 farm bill that does three things to advance climate-smart agriculture.

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Prioritizing communities and nature in the nation’s largest Army Corps project in New York-New Jersey Harbor

A plan for the largest transformation of New York City’s and northern New Jersey’s waterfront since the Robert Moses era has been proposed by the U.S. Army Corps of Engineers (USACE). It’s called the New York-New Jersey Harbor and Tributaries Study and it was introduced to the public to address flooding and storms like Hurricane Sandy. At stake is the future of more than 84 miles of waterfront and waterways in the metropolitan region and an area that supports 16 million people.  

New York City

New York and New Jersey residents must determine if this $52 billion dollar plan aligns with the future they want. Addressing flood risks is a step in the right direction, but as it stands today, the current proposal does not reflect the priorities of many communities and environmental organizations. With the impacts of climate change already in motion, we simply cannot afford to get this wrong.  Read More »

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