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? 

Opening hours:

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.