Cattle farming's hidden climate benefits: Costa Rica study reveals untapped global emissions savings potential.
This study looked at how climate policies in Costa Rica's cattle industry can be more effective by considering the global benefits of reducing greenhouse gas emissions. They found that including these global benefits makes the policies more attractive for investment, with benefit-cost ratios ranging from 0.27 to 7.31. It takes about three to four years for these policies to break even financially. Different economic scenarios can change the net benefits, but the overall balance between viable and unviable scenarios remained consistent. The key takeaway is that factoring in the global benefits of emission reductions can make climate policies in the cattle sector more efficient and appealing for both investors and those who benefit from the policies.