Carbon farming could provide environmental and income boost
An EU initiative aiming to increase carbon sequestration may boost the income of farmers, along with providing an environmental benefit.
The European Commission is expected to publish a policy document on its carbon farming initiative on Wednesday (December 15).
The EU Commission is proposing to reach climate neutrality in the entire land sector by 2035, which would mean that carbon removal should balance greenhouse gas (GHG) emissions from all land, livestock and fertiliser use.
Along with the environmental and climate change benefits, the EU believes that the initiative would also be a new source of income for farmers.
Frans Timmermans, vice president of the European Commission, recently told a conference organised by the Intereg North Sea Region Programme that “with carbon farming, climate action becomes a business opportunity”.
He said expanding the model across the EU will need public and private funding.
Simon Haldrup, from agricultural technology company, Agreena, said “it is encouraging to see movement coming from international leaders”.