Establishing a forum dedicated to carbon farming Research and Innovation (R&I) within the CARBONICA platform represents a significant initiative to foster collaboration, knowledge sharing, and community building across various regions and expertise.
This forum is envisioned as an online space that gathers experts from all three Widening Countries (Cyprus, Greece, and North Macedonia) to pool their knowledge, experiences, and insights regarding carbon farming. It transcends geographical boundaries, encouraging participation from local experts and diaspora communities, fostering a diverse and global perspective on the subject.
At its core, this space is inclusive and inviting, welcoming project partners, stakeholders (such as farmers, researchers, policymakers, and environmentalists), and individuals enthusiastic about contributing to climate-resilient agriculture and carbon farming innovations.
Understanding Carbon Markets
The carbon market could be read as a financial platform where carbon credits are traded, enabling organizations to buy and sell permissions for greenhouse gas emissions. In Europe, the EU Emissions Trading System (EU ETS) stands as the world's largest carbon market, with recent developments showing promising growth and stability.
Until now, the EU carbon market has demonstrated remarkable resilience, with prices currently around EUR 74.04 per tonne asof January 2025. Having reduced emissions by 47% since 2005, the system now focuses on industry decarbonization towards 2030.
For the agricultural sector this is good news. Carbon farming presents a significant opportunity within this market framework, creating valuable revenue opportunities for farmers through carbon credits.
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