Prospects for an Effctive Voluntary Carbon Market to Reduce Enviromental Impacts and Support Sustainable Agroforestry Practices

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Abstract

Greenhouse Gas (GHG) emissions are rising due to harmful human activities, including energy and land use, land change, human behavior, and production and consumption systems. This rise causes global warming, leading to climate change with effects on food and water shortages, floods, droughts, storms, fires, and loss of biodiversity. The increase in production of food, feed, fiber, and bioenergy has harmed natural resources and their ecosystem services. The Paris Agreement, finalized in 2015, aims to limit the global temperature rise to 1.5 ºC by the end of the century. To meet this target, the EU has established the Green Deal strategy to reduce emissions and work toward climate neutrality by 2050. Sustainable agricultural practices and soil preservation play a role in reducing GHG emissions and capturing carbon in the soil. Farmers who adopt carbon farming practices and a carbon credit certificate could earn further income while helping to achieve carbon neutrality.This study aims to explore the voluntary carbon market with the potential of sustainable agriculture practices to lessen environmental impacts.

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