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HomeArticlesITC: Kasterine/Vanzetti: “Economic instruments for reducing greenhouse gas emissions from trade in agricultural products.”

ITC: Kasterine/Vanzetti: “Economic instruments for reducing greenhouse gas emissions from trade in agricultural products.”

Agriculture accounts for 13 per cent of global GHG emissions. This rises to approximately 30 per cent if land clearance for farming, agrochemical production and trade in agricultural and food products are attributed to the sector.

The article reviews market based mechanisms (carbon tax, cap and trade, payment for environmental services) and voluntary mitigation measures (carbon labeling and food miles) for their effectiveness (if they reduce emissions), efficiency (the costs of the measures) and equity (fairness to suppliers).

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International Trade Centre (ITC)

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