Until now, agriculture has been largely excluded from global carbon markets, but this is set to change in December 2009 at the Copenhagen conference. Agribusiness companies are lobbying hard to make a range of farming activities eligible for future funding under the Clean Development Mechanism (CDM). As a result, billions of dollars will almost certainly be invested in agriculture, mainly livestock production and plantations. What makes this prospect so alarming is that this huge investment, carried out in the name of mitigating the climate crisis, will be channelled largely to big agribusiness. And it is precisely their approach to farming and food production that has created so
many of the problems we face today.