Climate change
Changes in weather patterns—rising temperatures, extreme events, droughts, and erratic rainfall—have destabilised farming and resource management, leading to lower yields, reduced quality, and loss of livelihoods. Climate change also worsens vulnerabilities in sectors like forestry and aquaculture by disrupting ecosystems, impacting water quality, and altering species populations. Simultaneously, these sectors contribute to climate change through high greenhouse gas (GHG) emissions, such as deforestation, land-use changes, and livestock methane. Tackling both the impacts and contributions of these sectors is essential for sustainability and resilience.
Market-based initiatives aim to address these challenges by:
Reducing emissions:
Promoting sustainable land use, carbon sequestration, and eco-friendly practices across agriculture, forestry, and aquaculture.
Boosting resilience:
Adopting climate-smart practices like drought-resistant crops and advanced water storage to ensure stability and productivity.
Enhancing biodiversity:
Conserving ecosystems to preserve species, improve resources, and increase carbon storage.
Promoting sustainable land use:
Limiting deforestation and habitat loss to protect ecosystems and natural resources.
Integrating renewable energy:
Transitioning to cleaner energy sources and improving efficiency to cut industrial carbon footprints.