Policy Brief: Unlocking the Carbon Farming potential via a new generation of Monitoring, Reporting, Verification (MRV) systems
- The Carbon Removals and Carbon Farming (CRCF) regulation (EU-2024/3012) aims at developing a voluntary carbon (C) market for the EU, generating a new ‘green business model’.
- ‘Carbon farming activities’, such as improved soil management, afforestation, and peatlands restoration have the potential to store additional C in biogenic pools (or reduce their emissions) in the order of hundreds Mt per year.
- In the EU, the biomass and soil pools contain a considerable amount of organic C but changes are difficult to be detected.
- The credibility and deployment of a voluntary C market is linked to the level of accuracy of reported C changes, which is directly correlated with the costs.
- A new generation of Monitoring, Reporting, and Verification (MRV) systems would allow lowering the certification costs and create, at the same time, high quality carbon removals credits.
Download the Policy Brief
