Digital services for carbon farming markets
To enable farmers to participate profitably in greenhouse gas mitigation and maximise the benefits to the land from carbon markets
Can you imagine carbon markets not only supporting Australia in addressing climate change but also boosting livelihoods and leading to great environmental outcomes? Australia’s carbon markets could help farmers achieve best management practices, steward the land and supplement farm incomes. Individually, Australia’s 140,000 farmers are small but collectively results could be large.
A typical farming enterprise does have opportunities to manage or increase vegetation, boost soil carbon, avoid methane and nitrogen emissions, and improve energy efficiency. Together, these farm carbon opportunities have huge abatement potential for Australia.
Making decisions about carbon farming
Despite strong interest in carbon markets and the Government’s Emissions Reduction Fund and Carbon Farming Initiative, uncertainty about risk versus value, transactional costs and lack of trust are a deal breaker for most commercial farmers.
With tools to make informed decisions, lower market barriers and a way to reduce transaction costs, carbon farming could become a significant component of Australia’s overall emissions reduction efforts into the future.
At Digiscape, to help make this happen, we are using some existing clever analytics and high-tech decision tools, and developing others as well. We’re also working on the challenges of managing risk and confidentiality, ensuring social appropriateness and boosting confidence in the carbon market.
Our first software tool that helps the land sector realise their abatement potential
Pronounced ‘Look-see’, LOOC-C is a software tool that allows land managers to quickly assess the GHG abatement options for a specific land area, including estimates of abatement quantity such as Australian Carbon Credit Units. By supporting an assessment of specific paddocks or farm areas, LOOC-C helps producers discover and evaluate their options for participating in a project through the Emissions Reduction Fund and other markets. You can access LOOC-C now at looc-c.farm.
How LOOC-C works
Using paddock location and user-provided land use and land management information, LOOC-C estimates GHG abatement via an emission factor database and GHG emission models (e.g. FullCam). The result is a list of eligible carbon project types and estimates of Australian Carbon Credit Units that a project may generate.
The estimate is refined in a more detailed assessment using additional information and can be used to assess options and potential outcomes of a carbon project.
Check out LOOC-C today
We have now released the LOOC-C tool and it can be accessed at looc.farm. The current version of LOOC-C helps users by:
- helping determine which carbon farming methods they can participate in under the Australian Government’s Carbon Solutions Fund (CSF)
- giving a prediction of Australian Carbon Credit Units (ACCU’s) that can be attained by participation in carbon farming activities
- representing possible co-benefits and dis-benefits associated with carbon farming projects
- providing a clear sense of what next steps are required to apply for a CSF recognised carbon project.
Upcoming features being added to LOOC-C include:
- Support for additional carbon farming programs outside of the CSF
- Additional carbon methods
- Additional usability improvements.
Where can I find out more information about LOOC-C?
You can read a press release regarding the latest release of LOOC-C here.
Watch team members, David Evans and Anila Butt, present on some of the science behind LOOC-C.
Transcript available from: https://www.csiro.au/CorporateAffairs/Vimeo/David-Evans/video-transcript
Transcript available from: https://www.csiro.au/CorporateAffairs/Vimeo/Anila-Butt/video-transcript
Be part of the product development process
We are currently evaluating the LOOC-C prototype with producers and land managers. Contact us to get involved.
We want to help build a digital market place where buyers can better uncover and share the stories of how carbon farming is helping Australian farmers.
Read more about our work in carbon farming
Butt A, Car N, Fitch P (2020) Towards ontology driven provenance in scientific workflow engine. In ‘8th International Conference on Model-Driven Engineering and Software Development (MODELSWARD 2020)’, Valletta, Malta, 25-27 February 2020. doi:10.5220/0008963701050115
Stitzlein C, Mooji M (2019) Design for discovery: helping Australian farmers explore their options in a government sustainability program through user centred design. pp 1173-1177 in ‘Proceedings of the Human Factors and Ergonomics Society Annual Meeting 2019’. doi:10.1177/1071181319631312