Carbon AND biodiversity benefits on agricultural land Key messages: Researchers evaluated policy mechanisms for supplying carbon and biodiversity co-benefits on Australian agricultural land Uniform payments targeting carbon achieved significant carbon sequestration but negligible biodiversity co-benefits. Land-use regulation increased biodiversity co-benefits, but was inefficient in regards to carbon Discriminatory payments with land-use competition were efficient and, […]
Making the most of carbon farming
Public ‘willingness-to-pay’ for co-benefits Key messages: Adopting carbon farming practices often leads to a loss in profit for farmers We estimated the public’s ‘willingness-to-pay’ for the co-benefits of carbon farming Respondents were willing to pay $19.20 per year for every extra hectare of native vegetation, and $1.13 per year for every metric tonne of CO2-e […]
What drives landholders’ participation in biodiverse carbon plantings? Key messages: We developed a Bayesian Belief Network that predicts landholder participation rate for any type of carbon-farming scheme We found that program characteristics are more influential at driving participation than financial incentives Biodiversity co-benefits of carbon planting is another important factor Many believe that biodiverse carbon […]
Under the Carbon Farming Futures Programme, rural landholders have the potential to generate carbon credits through activities such as agro-forestry, re-vegetation of land or changed agricultural practices. Each of these activities may have positive or negative effects beyond their intended mitigation of climate change (externalities or co-benefits).