Time: Monday 18 December 2023 at 9.00-10.00

Food production in the EU has a significant effect on the climate. The agricultural sector alone accounts for approx 12% of the EU's total greenhouse gas emissions. The EU has a target to reduce its greenhouse gas emissions by 2030 for a number of sectors, including agriculture, by 40% compared to 2005 levels. Projections from the European Environment Agency however, suggests that the Member States, with current plans, will not reach the 40% reduction target for 2030. There is therefore a need to use effective and long-term tools in agriculture – especially if the EU is to reach the target of climate neutrality in 2050. 

Since 2005, there has been a quota trading system for the energy sector and energy-intensive industry. From 2025, the allowance trading system will be expanded to also include fossil fuels in various sectors.  

But is a quota trading system also the solution for agriculture? If so, how is the system made most efficient? And what are the challenges in calculating agriculture's CO2 emissions? 

Our program will include:

9.00-9.05 Welcome v/Trine Langhede, adviser, Green Transition Denmark 

9.05-9-25 What potential is there in a quota trading system for agriculture, and how can it be put together? v/Erik Tang, Senior Advisor, Green Transition Denmark

9.25-9.40 Agriculture's perspectives on a CO2 quota trading system at EU level v/Erik Jørgensen, Chief Consultant, Agriculture & Food

9.40-9.50 Perspectives from the parliament, v/Kira Marie Peter-Hansen, member of the European Parliament (SF)

Financed with a grant from the European Council. Responsibility for the content lies solely with the grant recipient.