Brief

Financing High Performance Climate Adaptation in Agriculture: Climate Bonds for Multi-Functional Water Harvesting Infrastructure on the Canadian Prairies

This article explores distributed water harvesting, a climate change adaptation strategy that can offer the co-benefit of enhancing ecosystem services.

By Henry David Venema, Anita Lazurko on September 12, 2017

Distributed water harvesting (DWH) is a climate change adaptation strategy that can offer the co-benefit of enhancing ecosystem services.

DWH has the potential to build the agriculture sector’s resilience in the Canadian Prairies, where climate change manifests as temperature increases and changes to precipitation patterns.

The investment that is needed for this high-performance—but highly local—climate adaptation project is less than CAD $1 million, which makes it ineligible for some traditional infrastructure financing mechanisms in Canada.

This article explores the potential to fund DWH through green and climate bonds earmarked for infrastructure, emphasizing the ecosystem service co-benefits that DWH offers.

Brief details

Topic
Climate Change Adaptation
Food and Agriculture
Public Procurement
Sustainable Finance
Focus area
Climate
Publisher
Multidisciplinary Digital Publishing Institute (MDPI)
Copyright
Multidisciplinary Digital Publishing Institute (MDPI), 2017