ATB launches 'Agricultural Carbon Footprint Calculation' software

Antalya Ticaret Borsası (ATB) has developed "Agricultural Carbon Footprint Calculation" software as part of its efforts to reduce carbon dioxide emissions that threaten the environment and cause climate change. The software, accessible through the exchange's official website, represents the first of its kind for Turkey's agricultural sector. Farmers will be able to measure their emission status through the application and direct their production and trading accordingly. Antalya Ticaret Borsası (ATB), which declared 2021 and 2022 as "sustainability years" and organized numerous events on the subject, has achieved a first in Turkey by developing "Agricultural Carbon Footprint Calculation" software. The software, prepared to raise awareness among those operating in the agricultural sector, allows users to enter desired information and assess carbon emissions and reduction potential related to production.

Greenhouse gases released into the atmosphere cause temperature increase

ATB Board Chairman Ali Çandır drew attention to the adverse effects of climate change affecting the entire world, noting that rising temperatures have increased natural disasters such as droughts and floods, and that the cause of temperature increase is greenhouse gases released into the atmosphere. Çandır noted that carbon dioxide gas accounts for the highest share among greenhouse gas emissions.

Chairman Çandır, noting that Turkey is a signatory to the Paris Climate Agreement, continued as follows:

"Under the terms of the agreement, greenhouse gases generated within our country's borders must be significantly reduced by 2030 and brought to zero by 2050. In line with these targets, all sectors in both our country and Antalya have important responsibilities. When the Carbon Border Adjustment Mechanism under the EU Green Deal enters into force, the carbon tax cost to our agricultural exports could reach EUR 150 million." Chairman Çandır, noting that EU countries rank first in Turkey's exports with 42 percent and agricultural production accounts for approximately 60 percent of Antalya's export income, warned that the measures and additional taxes that EU countries aiming for zero carbon will take to reach this target could disrupt Antalya's agricultural trade with the EU.