Milestones
29th Conference of the Parties to the UN Framework Convention on Climate Change (COP29)
November 19th, 2024
QAZAQSTAN Pavilion (F4), Blue Zone COP29 UNFCCC, Baku Stadium
Carbon farming has been recently declared a priority topic on Kazakhstan's environmental agenda. Land-based carbon sequestration is a promising strategy to enhance decarbonization through carbon removal for many countries of Eurasia, including Kazakhstan with its largely underutilized, vast areas of steppes and semi-deserts. Carbon farming refers to land management practices at the farm level which either increase the amount of atmospheric carbon sequestered (i.e., captured and stored) by soils and plant biomass or reduce emissions from activities in the Agriculture, Forestry, and Other Land Use (AFOLU) sector. With proper incentives in place, notably, carbon offset trading, the adoption of carbon farming in Kazakhstan and other countries of the Asian Drylands Belt may generate significant environmental, economic, and social benefits.
- The core team of researchers from the BRICS Competition Policy and Law Centre and International Institute for Applied Systems Analysis (IIASA) in conjunction with the United Nations Convention to Combat Desertification (UNCCD) and TALAP Research Centre has prepared the report which delves into the opportunities and challenges for introducing carbon farming in Kazakhstan, the largest economy in Central Asia, and its surrounding regions.
- This roundtable with the participation of key contributors, state and industry representatives will discuss how carbon farming and trading can provide a marked contribution to Kazakhstan’s and Eurasian socio-economic development while making it more resilient to climate change and supporting the countries’ commitment to combat environmental degradation and climate change.
- The discussion will explore viable options for leveraging the potential of sustainable land management to support Kazakhstan’s net-zero transition and land restoration and to enable the country’s accelerated economic development and modernization ambitions.
- Email: pr@bricscompetition.org
