Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 25 ISSUE 2
Written by Constantin - Dragos DUMITRAS, Alexandru Sorin TUDORAN, Oana COCA, Gavril STEFAN
Climate change constitutes a significant challenge of the modern period, profoundly affecting sustainable development and the global economy. The creation of carbon credit markets has become significant as a strategic tool for reducing greenhouse gas emissions and promoting a sustainable economic model. This study provides a thorough examination of the current literature about greenhouse gas emissions linked to agricultural practices, emphasizing the relationship between sustainable agriculture, carbon credit systems, and the economic incentives for farmers. The aim of the paper is to inform stakeholders about agricultural greenhouse gas policies and the carbon credit market in the European Union. In doing so, the authors seek to answer farmers' questions: i) What is the financial motivation for choosing agricultural technologies that reduce greenhouse gas (GHG) emissions?; ii) What are the technical and environmental motivations that lead farmers to replace conventional technologies with conservative and sustainable technologies? The results of the paper present the role of carbon credits in sustainable agriculture, both technically (sustainable farming practices, carbon sequestration) and economically (prices, revenues, carbon market).
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