LIFE Carbon Farming: Development and implementation of a result-based funding mechanism for carbon farming in EU mixed crop livestock systems
Livestock farming is responsible for the emission of three major greenhouse gases (GHGs, namely): methane (CH4), carbon dioxide (CO2) and nitrous oxide (N2O). In fact, this sector contributes to 14.5% of total global GHG emissions (FAO, 2013). Nevertheless, ruminants are able to make the most of grasslands, whose soils are large carbon sinks. As a result, livestock farming both emits and absorbs greenhouse gases. These functions give livestock farming a vital role in the fight against climate change and in maintaining the viability of farms. Reducing the sector's climate impact is possible thanks to a diversity of actions implemented by farmers. The aim of the LIFE Carbon Farming project is to reduce the carbon footprint of 700 European farms in France, Germany, Belgium, Italy, Spain and Ireland by 15%, by setting up a climate financing mechanism for farmers.