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Pathways to value add

By Dr Vivekananda Mittahalli, Research Fellow (Agribusiness)
28 October 2022

Given the unprecedented changes in global climate conditions, climate change mitigation and environmentally sustainable production systems are one of the key environmental goals of agricultural production. 

Environmental markets are seen as an essential tool for dealing with environmental issues because of new emerging opportunities in contributing to the mitigation of climate change and greenhouse gas (GHG) emissions, through existing markets and new markets in agriculture value chain. 

New global environmental markets such as carbon footprint labels, water footprint, eco-labels, carbon neutral products, sustainable certificates/labels, organic products, non-deforestation, etc, can play a substantial role in safeguarding the interests of stakeholders in the process of climate change mitigation. 

Here at the SQNNSW Innovation Hub, we have been reviewing a wide array of studies on the on emerging environmental markets, and our results will be released soon. 

We found that the studies we reviewed reported that adopting the environmental strategies and practices could contribute to improvement in socio-economic conditions and help in creating sustainable, environmentally friendly systems. 

The demand for environmental goods and services is growing (and is expected to continue to grow), indicating a massive potential for new environmental markets.  

In the agri-sector, there is a need for more information about environmental markets and their potential (and pitfalls), which is why we’re reviewing the available research, to provide more information about the opportunities and pathways for creating shared value in agribusinesses from emerging environmental markets. 

If you have information to share, please contact Vivek.