A new study shows New Zealand sheep and beef farms are already offsetting the bulk of their agricultural emissions.
The research – led by Dr Bradley Case at Auckland University of Technology (AUT) – estimates the woody vegetation on sheep and beef farms across the country is offsetting between 63 percent and 118 percent of on-farm agricultural emissions.
If the mid-point of that range is taken, on average around 90 percent of emissions are being absorbed.
Dr Case, who is a senior lecturer in GIS and remote sensing at AUT’s Applied Ecology Department in the School of Science, said the findings showed there was a strong case for farmers to get credit for the sequestration already happening on their farms.
The same technology used for satellites can monitor both lands and seafloors, helping adaptation and mitigation practices against climate change.
Vultus and PlanBlue are two of the nine climate ventures selected by the European Institute of Innovation and Technology (EIT) Climate KIC to receive €4 million, as part of the EIT Crisis Response Initiative, with the aim to help start-ups recover from the impacts of the COVID-19 crisis. To choose who deserved the grant, EIT Climate-KIC took into consideration the potential reduction of greenhouse gases emissions made possible by each innovation.
“Our entrepreneurship community has been severely affected by the COVID-19 crisis, be it through last-minute investment cancellations, losing customers, global supply chains being interrupted or even just distraction