Can farmers make money from carbon credits?

Greenhouse gas emissions trading system is gaining popularity in the world. How it works and who from the agriculture sector can join it, explains World of NAN.

The agriculture sector accounts for 24% of all greenhouse gas emissions. And the largest amounts are in livestock production. For example, it takes 27 kg of carbon to produce 1 kg of beef meat and 39 kg of carbon to produce 1 kg of lamb. The production of poultry meat, fruits and vegetables is lower.

The cap-and-trade system is structured as follows. Kazakhstan has a national plan of carbon credits. Where quotas are distributed among companies for permissible volumes of carbon emissions. If a company exceeds the norm, it can pay a fine or buy a quota from another company that has saved them by reducing emissions.

Naturally, for the most part, it is more profitable to buy quotas. This is how companies that reduce emissions make money.

Unfortunately, in Kazakhstan in the National Plan of carbon credits, the agricultural sector is absent. That is, farmers will not be able to earn within the carbon market. And this is quite strange, since a quarter of all carbon emissions is accounted for by the agriculture sector. It is still unknown whether the Ministry of Environment plans to pay attention to this direction.

It would also be interesting to hear the opinion of farmers regarding this issue. Do domestic farmers want to reduce emissions and enter the carbon market? Do they see the value and their own benefit in this?

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