Rural Finance to Support Climate Change Adaptation: Experiences, Lessons and Policy Perspectives

Research output: Chapter in Book/Report/Conference proceedingChapterAcademicpeer-review

Abstract

There is a large and growing literature on the potential use of rural financial instruments for stimulating the adoption of climate-smart land-use practices and systematically anchoring climate-smart agricultural production processes. Available studies focus on the functional properties of finance for funding short-term input purchases and supporting climate-smart farming systems. We advocate for more integrated approaches that also consider the indirect effects of finance on income and wealth and the derived expenditure effects for the intensification of farming systems. Financial instruments also might contribute to behavioural change and social learning among value-chain partners and thus enable them to invest in long-term solutions for sustainable agriculture. For effectively anchoring climate-smart adaptation processes, this more comprehensive (i.e., integrated and dynamic) approach offers promising perspectives.
Original languageEnglish
Title of host publicationThe Climate-Smart Agriculture Papers
Subtitle of host publicationInvestigating the Business of a Productive, Resilient and Low Emission Future
EditorsTodd S. Rosenstock, Andreea Nowak, Evan Girvetz
PublisherSpringer
Chapter26
Pages301-313
ISBN (Electronic)9783319927985
ISBN (Print)9783319927978
DOIs
Publication statusPublished - 28 Nov 2018

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