How financial mechanisms can incentivize provision of ecosystem services from land restoration: A systematic review protocol

Vasilis Grigoriadis, Elizabeth Gold, George Hutchinson, Lynn J Frewer, Paul Brereton, Darragh Flannery, Kenneth A Byrne and John Garvey

PLOS ONE, 2023, vol. 18, issue 7, 1-9

Abstract: The current food chain both contributes to, and is affected by, climate change. While GHG emissions and emissions to water and soil are a problem for the whole food chain, the majority of such emissions and the major solutions to them can be found in the farming and land use sector. The farming system needs to reduce its greenhouse-gas emissions and adapt its supply chain to cope with climate change. A broad variety of payment tools have been proposed to motivate farmers and landowners to take certain actions to reduce greenhouse gas emissions and encourage the protection or restoration of natural resources. The protocol described here (OSF preregistration https://doi.org/10.17605/OSF.IO/STGQ6) outlines the methodology for a systematic review to explore how financial mechanisms such as green bonds can provide incentives to agri-food sector to support environmental sustainability and ecosystem service delivery through land-use change. Our primary research question is: how do financial mechanisms incentivize land restoration? Studies will be categorized according to the types of financial mechanisms, their characteristics, methods of land restoration and their impact on mitigating agri-food footprint. The results are expected to increase our understanding about the design of financing tools currently used to accelerate nature restoration. Moreover, they will inform us about the effectiveness of deploying such tools on rural communities, food companies and landowners.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:plo:pone00:0289120

DOI: 10.1371/journal.pone.0289120

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