The Challenge:
Farmers and agribusinesses need a credible way to demonstrate they are reducing the carbon footprint of the commodities they produce.
Showcasing Greenhouse Gas (GHG) emission management is a Net Zero reporting requirement for all participants in the agricultural supply chain, and is an important factor in reaching Environmental, Social and Governance (ESG) milestones.
Furthermore, financiers are facing mounting pressure to report climate related exposure, while consumers across domestic and international markets are gradually turning to products that are environmentally sustainable.
The Solution:
This project is seeking to create credible and tangible Measurement, Reporting, and Verification (MRV) systems for the entire agribusiness value chain. These systems will account for emissions reductions resulting from an intervention that would not have otherwise occurred.
This strong, standardised, and verifiable MRV system will enhance financial products, assist in the de-risking of investments, and cultivate brand awareness and trust among consumers, both domestically and internationally, resulting in benefits flowing back to all players across the value chain, including farmers and agribusiness.
Outcomes:
The project team includes members from the Food Agility CRC, Charles Sturt University, the Cool Soil Initiative, and Sustainable Food Lab.
To find out more please contact hello@foodagility.com