This Policy Briefing responds to an EU consultation (17.10.23) on the Sustainable Finance Initiative taxonomy. It focuses on the need for agroforestry to be recognised alongside forestry and wetland restoration in Annex 1 of the Initiative (the “taxonomy”). For the purposes of the SFI, “agroforestry” will describe the planned use of trees and shrubs on agricultural land. Given the correct incentives it can be a very attractive option for farmers and landowners who do not wish to change the legal designation of their land to “forest” through “afforestation”. Agroforestry was recognised in Article 4 of the CAP Strategic Plan Regulation, and national definitions are given in the CAP Strategic Plans of all Member States. We suggest that agroforestry should be included in Annex 1 of the SFI “Climate Delegated Act” as a new section titled “2.2 Agroforestry Establishment and Restoration”. Technical screening criteria are suggested for: agroforestry plans, climate benefit analysis, guarantee of permanence, audit and group assessment.
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|This Policy Briefing is an output from the DigitAF Project Grant agreement: 101059794. DigitAF is a consortium of 26 European and international partners committed to providing digital tools to boost Agroforestry in Europe to meet climate, biodiversity and sustainable farming goals. Views and opinions expressed are those of the author(s) only and do not necessarily reflect those of the European Union. Neither the European Union nor the granting authority can be held responsible for them.