Carbon market development pathways for producers - Objective 3
Agriculture is more reliant on natural capital than almost any other sector of the economy, and is also uniquely positioned to redress this pressure by making a positive contribution to improving biodiversity, soil carbon, and other vital markers of ecosystem health. Entities large and small are now re-imagining, re-designing and regenerating landscapes and economic sectors as they acknowledge the increasing inevitability of a net zero emissions world. As more options to engage in new carbon markets become available, there is a lot of confusion and for many primary producers, the perceived cost of participation (be it time, money or both) is higher than the return. Increasing sustainability-based regulatory and/or reporting requirements in global trade markets and the finance sector add to the confusion and increase the perception of difficulty. The drivers of participation around policy commitments, corporate risk and consumer desire, often overlap.
This project aims to develop for Australian primary producers a carbon market map, and a bespoke webinar series on carbon market developments and opportunities. The outcome of this work is to identify and clarify carbon market development pathways for Australian primary producers, improve uptake of existing options and to forecast emerging opportunities and risks.
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