Carbon farming encapsulates countless topics close to ELO including climate change, biodiversity, the circular economy, land management and forestry, making it a critical issue to cover. As the EU looks to reach their 2030 and 2050 target goals of reducing carbon emissions, carbon farming becomes an increasingly more relevant practice to support and promote. Turning carbon farming into a reliable, practical, sustainable and economically viable activity will require the alignment of various stakeholders including investors, farmers, scientists, NGO’s and policymakers, creating an open dialogue to discuss the strengths, weaknesses and limitations to both carbon farming practices and policy.
Towards the end of 2020, ELO organised a virtual roundtable with various stakeholders from the public and private sector in partnership with Indigo Agriculture. ELO members had the opportunity to discuss this carbon certification scheme at great lengths with Artur RUNGE-METZGER, Director of Climate Strategy, Governance and Emissions from non-trading sectors of the European Commission. Working closely with the EU institutions, ELO attended the roundtable on ‘Carbon Farming Schemes in Europe’ hosted by the European Commission.
Moving forward into next year, ELO wishes to continue supporting and raising the profile of carbon farming and any initiatives that reward farmers for carbon sequestration. Factors that are of importance to ELO include a carbon credit certification system that fairly rewards farmers for their efforts sequestering carbon and allows for the cross-border trade of carbon credits. This means that policies such as the CAP and the ETS must take carbon farming into account and ELO is hopeful that progress will be made in the years to come. ELO welcomes the support of stakeholders across all sectors to work towards making carbon farming a mainstream initiative.