Farmers set for €3,800 windfall if Ireland improves 'carbon footprint'
Farmers will be on average €3,800 better off each year if Ireland achieves its aim of becoming one of the 'greenest' countries in the world.
'Origin Green' is the first programme of its kind for our food and drink sector.
Launched by Bord Bia in 2012, more than 55,000 farmers have signed up to the programme, accounting for 90pc of Ireland's beef production.
As part of the initiative, farmers must agree to be audited and 'carbon-footprinted' once every 18 months. Since its launch, almost 90,000 carbon assessments have been carried out across the country.
But despite the huge strides that have been made, our beef industry is ranked only fifth in Europe in the 'carbon footprint' league table.
However, Bord Bia says that if we can reduce carbon emissions by 10pc our farmers would become the most carbon efficient in Europe.
'On-farm income' would shoot up €300m per year.
This would mean each beef farmer in Ireland would earn on average an additional €3,800 annually, according to Padraig Brennan, sustainability development manager with Bord Bia.