This CCAFS Info Note summarizes the major conclusions and key insights of the 2020 webinar and hackathon “Enhancing investment in soil health and carbon storage.” Key messages from the Info Note include:
- The financial community needs a standardized, low-cost, fit-for-purpose approach to soil organic carbon (SOC) accounting that encourages investment and is adaptable.
- An accounting system should provide “value for money,” align with global goals and support co-benefits, while safeguarding reputational risks.
- Building a sequenced approach to improve accounting accuracy requires planning to reduce uncertainties of the accounting systems over time.
- Developing low-cost SOC accounting requires i) focusing on a few high-quality direct measurements, ii) reducing the uncertainty of models, and iii) enhancing capability to easily incorporate farm-level activity data.
- Moving to hybrid measurement approaches seems to be the most cost-effective pathway to achieve low-cost SOC accounting systems.
For more information on the event, check out the event resource website here.
Costa C Jr., Dittmer K, Shelton S, Bossio D, Zinyengere N, Luu P, Heinz S, Egenolf K, Rowland B, Zuluaga A, Klemme J, Mealey T, Smith M, Wollenberg E