Climate Change and Agriculture: Can Market Governance Mechanisms Reduce Emissions from the Food System Fairly and Effectively?

Report / Paper

Climate Change and Agriculture: Can Market Governance Mechanisms Reduce Emissions from the Food System Fairly and Effectively?

PUBLISHED DATE

July 2012

RESOURCE

Climate and agriculture are inextricably linked: the climate affects agricultural production and is itself affected by agricultural emissions. How agriculture is practiced therefore has significant potential for mitigating, for providing food security, and for improving the livelihoods of millions of food producers worldwide. There is growing interest in the use of market governance mechanisms for tackling climate change by giving financial incentives to make the kinds of changes that are required. But how widely are these mechanisms being used in agriculture, and are they effective in reducing emissions? The key messages emerging from this study are that economic measures have a vital part to play within this regulatory context, but they need to be designed with care. To be effective, emissions from food production and consumption must be addressed together. If not, emissions reduced in one region will simply be displaced elsewhere. Source: