Carbon Neutral 2030
The Australian red meat industry has set a target to be carbon neutral by 2030 (CN30). This means that by 2030, Australian beef, lamb and goat production, including lot feeding and meat processing, aim to make no net release of greenhouse gas (GHG) emissions into the atmosphere.
MLA’s investment into CN30 research, development (R&D) and adoption aims to enable and empower the red meat industry to achieve the target, reduce operating emissions while maintaining productivity gains.
The CN30 target sends a clear signal to government, global markets and consumers that the livestock industry is proactively addressing emissions and taking action to improve long-term productivity. By taking action, the red meat industry pre-empts current and future market expectations regarding environmental credentials which will allow red meat producers to stamp their mark in a competitive global protein market. CN30’s suite of innovation will also deliver win-win benefits for producers, including productivity gains and profit drivers through the carbon market or premium supply chains.
To date, the Australian red meat industry has decreased annual emissions by 57% towards our target or the equivalent of diverting 133.36-54.61 Mt of greenhouse gases from entering the atmosphere. An additional 54.61 Mt per annum must be diverted to achieve CN30. Meat & Livestock Australia has committed to supporting the delivery of this target through an $120 million investment in R&D and Adoption across four key work areas:
- Emissions Avoidance: innovation that reduces greenhouse gas output
- Carbon Storage: innovation that increases beneficial carbon storage in soils and trees under management, as well as tools to accurately and cost effectively measure soil and tree carbon
- Integrated Management Systems: unlocking opportunities for red meat industry stakeholders to benefit from reducing net emissions
- Leadership and capability building: education and engagement for industry, advisors and producers.