Farmers' Willingness to Participate in a Carbon Sequestration Program - A Discrete Choice Experiment.

ABSTRACT: Farmers can counteract global warming by drawing carbon dioxide from the air into agricultural soils by building up humus. Humus programs were developed to motivate farmers for even more humus formation (= carbon sequestration) through an additional financial incentive. These programs are still at an early stage of development, which is why the number of participating farmers and research work is still low. This study is the first to analyze the willingness of German farmers to participate in hypothetical humus programs. The results of a discrete choice experiment show that a (higher) threshold for the payout of the premium, regional (rather than field-specific) reference values, and the risk of repayment clearly discourage farmers from participating. Program providers must more than doubl

SUBMITTER: Block JB 

PROVIDER: S-EPMC11227454 | biostudies-literature | 2024 Aug

REPOSITORIES: biostudies-literature