Challenges to voluntary Ag carbon markets
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Center for Agricultural and Rural DevelopmentEconomics
The credibility of agricultural carbon credits will play a critical role in the determination of payments received by farmers through voluntary carbon markets. This article analyzes the major challenges from both the demand and supply sides to voluntary agricultural carbon credit programs and serves as a resource to researchers, producers, policymakers, and other stakeholders who seek a comprehensive analysis of the challenges that still face this market despite recent positive developments in global agreements.
This article is published as Wongpiyabovorn, Oranuch, Alejandro Plastina, and John M. Crespi. "Challenges to voluntary Ag carbon markets." Applied Economic Perspectives and Policy (2022). doi:10.1002/aepp.13254. Posted with permission. JEL Classification: Q20, Q28, Q58. This is an open access article under the terms of the Creative Commons Attribution-NonCommercial-NoDerivs License, which permits use and distribution in any medium, provided the original work is properly cited, the use is non-commercial and no modifications or adaptations are made.