Farmers’ interest in crowdfunding to finance climate change mitigation practices

Kragt, Marit; Burton, Rob J.F.; Zahl‐Thanem, Alexander; Otte, Pia Piroschka

doi:10.1016/j.jclepro.2021.128967

Cited by 16 publications

(10 citation statements)

References 55 publications

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“…It is anticipated that the inclusion of pro-environmental diversification and reduction of chemical inputs will decrease feed production, lower animal productivity and, consequently, farmer income (Zhou et al ., 2020; Brown et al ., 2021; Kragt et al ., 2021); however, these concerns were seldom addressed in identified literature. Two studies conducted a cost analysis of proposed diversification actions, with results indicating that the inclusion of trees on the pastures and replacement of grass silage with cereal silage had either a positive or neutral effect on overall production and farmer income (Dodd et al ., 2008; Peach et al ., 2011).…”

Section: Discussionmentioning

confidence: 99%

Pro-environmental diversification of pasture-based dairy and beef production in Ireland, the United Kingdom and New Zealand: a scoping review of impacts and challenges

Markiewicz-Kęszycka

Carter

O’Brien

et al. 2022

Renew. Agric. Food Syst.

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Milk and beef derived from pasture-based systems have been characterized by higher nutritional values and a lower environmental footprint than their equivalents obtained via indoor systems. However, intensification of pasture-based production can have adverse impacts on biodiversity and the environment. To date, studies on pro-environmental diversification options leading to improvement of environmental performance of pasture-based dairy and beef production have rarely been synthesized. The present study sought to review current on-farm pro-environmental measures with the potential for enhancing biodiversity status and/or reducing the environmental impacts of pasture-based agriculture. Literature on farmer attitudes toward these measures was also reviewed to identify potential obstacles and opportunities for transitioning to pro-environmental agriculture. A systematic search of published research from high-income island countries characterized by oceanic temperate climate with a high dependence on pasture-based agriculture—the Republic of Ireland, the United Kingdom and New Zealand, was conducted. Thirty studies that assessed the impact of pro-environmental measures, eight ‘attitudinal’ studies of dairy and beef farmers and one study covering both aspects were identified. Inductive thematical analysis was subsequently undertaken. Environmentally sensitive management practices such as hedgerows and field margins management, mixed grazing (where two or more herbivorous animals graze the same land), rare livestock breeds, multispecies swards, organic farming and agroforestry were identified as primary themes studied under the auspices of pro-environmental diversification, while forestry, bioenergy crops and organic farming were the main themes identified within attitudinal research studies. Findings suggest that environmentally sensitive practices have varied effects on biodiversity. Mixed grazing was found to improve livestock production, while studies of organic farming reported multiple positive impacts on biodiversity and animal welfare. Effect of multispecies swards on methane emissions and urinary nitrogen extraction were found to be inconsistent. Attitudinal research suggests that the main barrier to implementing afforestation is its lack of attractiveness compared to ‘traditional’ farming and that organic farmer decisions regarding agricultural management practices might be less profit-oriented and influenced by ecological beliefs to a greater extent than decisions of conventional farmers. The results of this study confirm that pro-environmental diversification inherently encompasses multiple scientific disciplines; however, previous study designs and outcomes were found to be fragmented and narrowly focused. Considering the urgency and importance of climate and biodiversity crises, pro-environmental diversification of pasture-based dairy and beef production has rarely been holistically approached and remains understudied. The development of practical, sustainable solutions for farming based on circular economy and respect to nature and additional strategies to increase farmer and consumer environmental awareness should be prioritized by policymakers, advisory and scientific bodies.

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Section: Discussionmentioning

confidence: 99%

Pro-environmental diversification of pasture-based dairy and beef production in Ireland, the United Kingdom and New Zealand: a scoping review of impacts and challenges

Markiewicz-Kęszycka

Carter

O’Brien

et al. 2022

Renew. Agric. Food Syst.

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“…However, its potential and properties as a PV have yet to be fully explored. In fact, only a few valuation studies use crowdfunding as a PV (Johnson, 2017;Kragt et al, 2021;Leiva, 2017;Roesch-McNally and Rabotyagov, 2016;Stoknes et al, 2021). Thus, our contribution to the existing literature is twofold.…”

Section: Stated Preference Survey Techniques Such As the Contingent V...mentioning

confidence: 99%

Crowdfunding Vs. Taxes: Does the Payment Vehicle Influence WTP for Ecosystem Services Protection?

Cunha-e-Sá¹,

Dietrich²,

Faria³

et al. 2023

SSRN Journal

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“…In particular, fundraisers may propose commercial projects (introducing products or services, often as a presale), social projects (delivering social goods), and green initiatives (aimed at environment protection) (Parhankangas & Renko, 2017; Shneor et al, 2020). Crucially, several studies have shown that crowdfunding campaigns are a successful tool for financing green projects (Bento et al, 2019; Kragt et al, 2021; Maehle, 2020; Tenner & Hörisch, 2021) and that sustainability orientation positively affects campaigns’ success (Calic & Mosakowski, 2016; Hörisch & Tenner, 2020; Maehle et al, 2021). However, Hörisch (2015) found the environmental orientation of crowdfunding projects does not necessarily translate into increased project success.…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

Identifying Factors Affecting Intention to Support Pro-Environmental Crowdfunding Campaigns: Mediating and Moderating Effects

Adamska-Mieruszewska,

Zientara,

Mrzygłód

et al. 2023

Journal of Alternative Finance

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Despite the undeniable importance of targeted actions for environmental protection, the research on green crowdfunding campaigns remains limited. The present study aims to address this gap by identifying the factors that influence the intention to support pro-environmental crowdfunding campaigns, conceptualised as a form of pro-environmental behaviour. We conducted a questionnaire survey to explore the interplay among biospheric values, warm-glow, willingness to sacrifice, and green trust in influencing the intention to provide financial support for pro-environmental crowdfunding projects. The results were compelling. Willingness to sacrifice and warm-glow both had a significant effect on the intention to financially support pro-environmental crowdfunding campaigns. Moreover, we discovered that these two variables act as mediators in the relationship between biospheric values and intention. Essentially, they play a role in shaping one’s intention to support pro-environmental crowdfunding initiatives. Lastly, we observed that the relationship between willingness to sacrifice and the intention to support is moderated by green trust. This highlights the importance of trust in environmentally-oriented crowdfunding efforts. Our research sheds light on the factors that drive individuals to participate in pro-environmental crowdfunding campaigns. By understanding these influences, more effective strategies to encourage and promote environmental protection initiatives through crowdfunding can be developed.

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Farmers’ interest in crowdfunding to finance climate change mitigation practices

Cited by 16 publications

References 55 publications

Pro-environmental diversification of pasture-based dairy and beef production in Ireland, the United Kingdom and New Zealand: a scoping review of impacts and challenges

Pro-environmental diversification of pasture-based dairy and beef production in Ireland, the United Kingdom and New Zealand: a scoping review of impacts and challenges

Crowdfunding Vs. Taxes: Does the Payment Vehicle Influence WTP for Ecosystem Services Protection?

Identifying Factors Affecting Intention to Support Pro-Environmental Crowdfunding Campaigns: Mediating and Moderating Effects

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