Soil Quality Assesment from remote Sensing (SQUARS)
Soil degradation is one of the largest threats to human wellfare and societies globally threatening both food security and adding to climate change. A quarter of the manmade greenhouse gas emissions comes from farming and forestry practices. At the same time degraded soils are less resilient to further degradation caused by climate change.
There is a number of tried and tested agricultural methods for protecting soil quality and mitigate the emission of GHG from farmland soils. However, these practices are far from ubiquitous in farming in Europe. The added value for farmers is perceived as being too low. This project aims to change that by engaging banks, mortgage banks and institutional investors in developing the financial instruments and business models to incentivize a more climate resilient agriculture.
The project will result in a vaidated scalable business model for providing remote sensing of soil quality to agriculture and/or the financial sector. The model will be validated by the demand side research done in the project. During the project period the aim is to identify at least two private sector partners to be part of the consortium.
Coordinator
Other IFRO participants
Period
1 June - 30 November 2018
Financing Source
Climate KIC
Amount
DKK 284.963