Climate change is an old topic that is still relevant since there is room for better solutions and effort from every individual on this planet. In the recent 100 years, the world population has increased from 1.5 billion to 7.8 billion in 2020, as reported by Worldometers (2020). Accordingly, industrial and technological developments have made people’s lives more convenient. Still, since there is always a rapid increase in population, people have negatively impacted the environment on a massive scale to meet human requirements. As in the reports of World Health Organization (WHO) (2008), Environmental Protection Agency (2020), some of the most crucial environmental threats are important to point out, such as water and air pollution climate change, and solid waste. Environmental damage has caused many negative impacts on human life, like many new diseases, even the increase in cancer risk.
Responsible are mainly the unprecedented CO2 emissions which have increased massively since the mid 20th century and are caused due to human activities. The erupted greenhouse emissions, including CO2 emissions, enter the atmosphere and concentrate there. Higher emissions increase the concentration of these emissions in the atmosphere so that solar heat is increasingly trapped, causing the Earth to warm. Therefore, the planet’s temperature has risen by 1° Celcius on average since the 19th century. The outcomes are more powerful natural disasters, the destruction of natural habitats, for instance, caused by wildfires or the ice melting of Antarctica, also contributing to a rising sea level. Antarctica has lost about 148 billion tons of ice per year between 1998 and 2019. A United Nations report involving more than 50 international researchers states that wildfires appear more frequently and are likely to increase by 14% by 2030 and even 30% by 2030. Moreover, the sea level has risen about 20 centimeters in the last 100 years.
THE CARBON EMISSION MARKET
The CO2 Certificate Market is very attractive because it consists of mainly European companies interested in improving their carbon footprint to reduce costs. After all, CO2 certificates allow companies only to emit a certain amount of CO2. Therefore, they try to reduce their CO2 emissions. For unavoidable emissions, they either buy CO2 certificates from others or invest in sustainable and CO2 reducing projects worldwide to equalize them. Sustainable and CO2 reducing projects are, for instance, afforestation or coal phase-out projects and are mainly carried out in third world countries. Furthermore, it is very attractive to invest in CO2 reducing projects for marketing reasons because customers have developed a sensibility for saving the earth.
Any company that decides to go for The Forestry Business Model can prioritize applying systematic, sustainable management procedures alongside the main business activities, especially in the agriculture industry. From preparing the soil for farming until harvesting, the methods being used should be environmental-friendly and sustainable for long-term usage. Therefore, providing afforestation projects and implementing that framework flexibly in different agricultural management businesses.
Applying the Forestry model to agricultural activities protects the environment. It supports the farmers in optimizing their resources usage into longer farming life cycles, reducing the risks of waste or doing things from scratch, such as finding new lands for farming new methodology for the old plants. If they tend to farm without considering sustainable methods, short life cycles and permanent damage to their natural habitats could worsen their agricultural development.
A sustainable approach for doing business regarding environmental protection is necessary and benefit-potential to be implemented. Afforestation projects have been an attractive category for investors who knows the importance of sustainability, hence the increase in concentration and investments from stakeholders for the development of the industries and the sustainability of our Planet Earth. Having a piece of knowledge and a deeper mindset will help companies influence positive methods regarding sustainable frameworks in sectors.