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Enhanced agricultural carbon sinks provide benefits for farmers and the climate

Economics

Enhanced agricultural carbon sinks provide benefits for farmers and the climate

S. Frank, A. L. D. Augustynczik, et al.

This study reveals that boosting carbon sequestration in agriculture could rival afforestation efforts by 2050, providing farmers with extra income while significantly cutting mitigation costs and enhancing GDP. This transformative potential hinges on establishing efficient institutions and monitoring systems. Research conducted by Stefan Frank and colleagues.

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Playback language: English
Abstract
This study projects, using an economic land-use model, that enhanced agricultural carbon sequestration offers substantial mitigation potential, comparable to afforestation by 2050. Carbon sequestration on agricultural land could provide significant additional revenue for farmers globally, reduce economy-wide mitigation costs, and increase GDP. Unlocking this potential necessitates highly efficient institutions and monitoring systems.
Publisher
Nature Food
Published On
Sep 23, 2024
Authors
Stefan Frank, Andrey Lessa Derci Augustynczik, Petr Havlík, Esther Boere, Tatiana Ermolieva, Oliver Fricko, Fulvio Di Fulvio, Mykola Gusti, Tamas Krisztin, Pekka Lauri, Amanda Palazzo, Michael Wögerer
Tags
carbon sequestration
agriculture
mitigation potential
afforestation
economic impact
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