FLAG(ging) land-intensive sectors
Agriculture, forestry and other land use comprise one-fifth of global GHG emissions. Now we have some science-based targets.
Summary: The Science Based Targets initiative (SBTi) has launched Forest Land and AGriculture (FLAG) guidance giving land-intensive sectors a standard method for companies to set science-based targets that cover land-based emissions (and removals) such as those from forestry, agriculture, land management and changes in land use.
Why this is important: FLAG industries are important as they can improve the emissions efficiency of activities as well as enhancing their carbon sink abilities (i.e. ability to sequester carbon).
The big theme: Land usage impacts GHG emissions, local economics including employment, culture and health and well-being as well as energy consumption and generation. It touches a number of themes for the sustainable investor and decision-maker, and one where innovation can reap huge rewards.
The details
The Science Based Targets initiative (SBTi) has launched Forest Land and AGriculture (FLAG) guidance giving land-intensive sectors a standard method for companies to set science-based targets that cover land-based emissions (and removals) such as those from forestry, agriculture, land management and changes in land use.