Canada is well-positioned to substantially grow its agriculture and agri-food sector in the coming years. However, the sector’s significant environmental footprint needs to be addressed if Canada wants to simultaneously meet its commitments to reduce greenhouse gas emissions, conserve biodiversity, and sustainably manage Canada’s natural capital.
To unlock clean growth opportunities in Canada’s agriculture and agri-food sector, Smart Prosperity Institute’s research has identified nitrogen fertilizer management, improving soil health, reducing emissions from the beef and dairy sector, and circular economy approaches to agriculture and agri-food as some of the key areas for fostering clean growth.
The report explores a series of promising policy options that can motivate the adoption of environmentally beneficial management practices and increase clean technology deployment across Canada’s agriculture and agri-food sector. These include behavioral economics approaches, taxes on environmental externalities, voluntary ecological certifications and targeted agri-environmental subsidies.
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