The cost of climate inaction in the agricultural sector
Summary
The document warns that allowing forestry offsets to delay agricultural emission reductions under the Effort Sharing Regulation (ESR) will make meeting 2050 climate goals more expensive and require significantly steeper cuts after 2030.
Key insights
- The use of forestry offsets to delay agricultural emission reductions under the proposed Effort Sharing Regulation could result in the sector needing to implement emission cuts that are 9 times steeper after 2030.
- The Effort Sharing Regulation (ESR) is a significant climate instrument covering approximately 60% of greenhouse gas emissions in Europe, specifically targeting the agriculture, buildings, transport, and waste sectors.
- To maximize the low-carbon transformation of the economy, the document recommends increasing ambition, setting starting points below actual 2020 emissions, limiting the banking of surpluses, and closing loopholes such as the use of surplus ETS allowances and forestry offsets.
Cite the original document
- APA
- De Jong, F. (2017). The cost of climate inaction in the agricultural sector. Carbon Market Watch. https://carbonmarketwatch.org/2017/02/27/the-cost-of-climate-inaction-in-the-agricultural-sector/
- Chicago
- De Jong, Femke. The cost of climate inaction in the agricultural sector. Carbon Market Watch, 2017. https://carbonmarketwatch.org/2017/02/27/the-cost-of-climate-inaction-in-the-agricultural-sector/.
- Wikipedia
- {{cite press release |last1=De Jong |first1=Femke |title=The cost of climate inaction in the agricultural sector |publisher=Carbon Market Watch |date=27 February 2017 |url=https://carbonmarketwatch.org/2017/02/27/the-cost-of-climate-inaction-in-the-agricultural-sector/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{dejong2017cost, author = {De Jong, Femke}, title = {{The cost of climate inaction in the agricultural sector}}, publisher = {Carbon Market Watch}, year = {2017}, month = feb, url = {https://carbonmarketwatch.org/2017/02/27/the-cost-of-climate-inaction-in-the-agricultural-sector/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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