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A New Form of Accounting as Carbon Calculator Goes Live Farm accounts will change forever this week when the CLA and Savills release a new, absolutely free, web-based calculator which will allow farmers and land managers to work out their carbon accounts. The CLA, the rural economy experts, say it will mark a shift in emphasise when, instead of dusty ledgers and cheque stubs, important calculations will be based around green house gas emission and carbon sequestration.
The calculator called CALM goes live today, Friday March 7th, and can be accessed by anybody, via the CLA website by clicking here. The software is the result of a project led by the CLA, working in partnership with Savills and supported by the East of England Development Agency, and the Crown Estates. The CLA says the figures the calculator produces may eventually become as important as profit and loss accounts.
CALM is the first free business-based calculator which shows the balance between annual emissions and carbon sequestration of the key greenhouse gases associated with the activities of individual land-based businesses.
CLA Policy Director, Allan Buckwell, said: "This calculator offers a free, business-based approach for farms and estates and it is quite distinct from carbon footprint calculators devised for specific products. It follows the most widely used, internationally agreed, accounting guidelines for government and businesses to understand quantify and manage GHG emissions."
Prof. Buckwell says that understanding the carbon account of a business will help guide management decisions that may mitigate GHG emissions.
"We know how long it took for profit and loss accounts to achieve a standardised format so there will be changes along the way - but the fact is that farming and forestry are in the front line of climate change, they depend critically on the climate for the production of their outputs while agriculture, land use change and forestry generate about 7% of UK greenhouse gas emissions."
Andrew Wraith of Savills agribusiness comments, "We are keen to introduce and develop the benefits of carbon management for both environmental and commercial benefit and consider this an important area for us in the future.
"Access to a robust measurement system which is capable of further development is central to the process of carbon management and the adoption of practical steps to move the management process forward. We are already working with a number of businesses using the CALM calculator as an initial step to an overall carbon management plan".
The project has been endorsed by The Secretary of State for the Department of the Environment Food and Rural Affairs, The Rt. Hon Hilary Benn MP, who said: "I congratulate the CLA and Savills on the development of the CALM calculator. It is an important step in helping land managers to do their own accounting, and has the potential to help engage them more fully in the role they can play in combating climate change."
Click here to go to the CLA CALM Calculator page.
Notes for editors:
For more information or to arrange an interview please call Paul Millard Acting Head of Communications on 0207 235 0511 or 07831 674345
The CLA is the membership organisation for owners of land, property and businesses in rural England and Wales. We offer our members leadership and professional advice, and we use our expertise and experience on rural matters to promote our members' interests and to influence decision-makers. We speak for everyone who believes in a living and working countryside.
Savills plc is a global real estate service provider listed on the London Stock Exchange. The company established in 1855, has a rich heritage with unrivalled growth. It is a company that leads rather than follows, and now has over 180 offices and associates throughout the Americas, Europe, Asia Pacific, Africa and the Middle East.
Country Land and Business Association Limited is a Company Limited by Guarantee, Registered in England and Wales. Company No: 61315687. Registered Office: 16 Belgrave Square, London SW1X 8PQ
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