CARBON FARMING - A MODERN BUSINESS MODEL FOR SUSTAINABLE AGRICULTURE

Damyan Kirechev ()

AGRIBUSINESS AND RURAL AREAS - ECONOMY, INNOVATION AND GROWTH 2021 CONFERENCE PROCEEDINGS, 2021, issue 1, 315-324

Abstract: The agricultural sector is seen by the European Commission as key to achieving a climate-neutral economy because of its carbon sequestration capabilities. In 2021, the Commission will publish results on carbon farming, in the context of the Green Deal commitments to reduce greenhouse gases and achieve carbon neutrality by 2050. The need to stimulate countries to scale up carbon farming practices is crucial. Five key areas are analyzed as the basis for a carbon-based agriculture scheme. The benefits of carbon farming can be on a number of fronts, but most notably producing more food with less pollution, while preserving the soil and sequestering carbon.

Keywords: carbon farming; greenhouse gases; soil organic carbon; Green Deal; climate change (search for similar items in EconPapers)
JEL-codes: Q15 Q18 Q54 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:vra:pr2106:y:2021:i:1:p:315-324

DOI: 10.36997/ARA2021.315

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