📋 Tender Overview
Start Date: 01/09/2023
End Date: 31/08/2027
Total Eligible Budget: 2,215,903 €
EU Contribution: 1,329,542 €
PROJECT DESCRIPTION
BACKGROUND
Soil is the largest carbon buffer on earth, acting both as C sink and C source through CO2 emissions. There is a high C Sequestration potential in EU vineyards. To exploit this potential it is necessary to systematise technical (soil and crop management), economic (valorisation of the green product), commercial (approach to the C credit market) matters and make vine growers able to empowering cultivation techniques for improving C stocking. The general objective of the project is TO CREATE A PILOT BUSINESS MODEL for promoting land based CO2 removals in the vineyards. The business model will aim to: stimulate winegrowers to integrate C stocking in the soil management practices and cultivation techniques; create an automated system for calculating/estimating stored C that is credible, reliable, and certifiable by third parties; foster an approach to exchange platforms for C credits. The activities include: creation of a database on agronomic practices favouring SOC accumulation (WP2); creation of an IT tool for estimating C stock, credible and certifiable (WP3); implementation of the system in 4 pilot vineyards (in 3 partner farms) (WP4); certification of C credits, with blockchain support, and their placement on exchange platforms (WP5); monitoring of technical (C stock) and economic (business model) results (WP6); transfer and replication of the system (WP7). The amount of C stored during the project (4 years) is estimated at 3,363 ÷ 7,396 t CO2 eq. (equal to 7,255 ÷ 13,124 t CO2 eq. in the 10-year scenario). Furthermore, the project expects to transfer the results to about 16,000 companies, customers of the coordinating beneficiary. The project is consistent with the area of intervention no. 4 "The development of land and sea management practices which have an impact on emissions and removals of emissions, conservation, and enhancement of natural carbon sinks" in which "Carbon farming" is mentioned as an approach to be promoted by the funded projects.
