The carbon opportunities theme has two projects trying to solve problems with carbon markets from both a policy perspective and from a farmer involvement perspective. Mitigating climate change and sequestering carbon is an important opportunity for primary industries to participate in the global efforts for net zero emissions and to diversify on-farm income.
The Emissions Reduction Pathways project is considering all the policy barriers to landholder in carbon markets. This includes investigation of livestock, cropping, and farm management opportunities that are currently not well catered for in the Emission Reduction Fund methodologies.
The Accessing Carbon Markets project is about enabling farmers to better engage with carbon markets through information and decision support tools.
The projects in this theme are working to understand how primary industries can best adapt to climate change and the new conditions and risks it brings.
The Vulnerability Assessment project is identifying the risks and opportunities of a changing climate for key commodities and biosecurity risks in NSW. In total, 28 commodities across cropping, extensive livestock, horticulture, viticulture, forestry and fisheries and 14 related biosecurity risks (weeds, pests and diseases) are being investigated. Results will provide industry and policy makers with a state-wide assessment of the vulnerability of NSW agriculture to a changing climate and identify adaption strategies that could mitigate identified climate risks.
Climate Smart Pilots is the second project in this theme and it is assessing the value of technological support to enhance management decisions in a changing climate. Using a range of digital sensors such as humidity sensors, soil moisture probes, trough and tank level sensors combined with weather stations to provide real-time data to support decision making in the real world.