With the intensifying issue of global climate change, carbon market mechanisms, as a market-oriented environmental policy tool, have garnered widespread attention and application worldwide. This paper aims to explore the application of carbon market mechanisms in agricultural economics and their role in sustainable development. First, the basic concepts and operational models of carbon market mechanisms are outlined, and the current status and challenges of agricultural carbon emissions are analyzed. Next, the paper delves into specific implementation approaches of carbon market mechanisms in agriculture, such as carbon credit systems, carbon emission trading, and carbon subsidy policies. Further discussion includes the multifaceted role of carbon markets in agricultural sustainable development, including reducing greenhouse gas emissions, promoting agricultural technological innovation, increasing farmers' income, and improving agricultural ecological environments. Finally, the paper analyzes the challenges in implementing carbon market mechanisms, including policy and regulation, market mechanisms, awareness and participation, and technical and financial support, and provides corresponding policy recommendations. Through a perspective on future developments, this paper highlights the broad prospects of carbon market mechanisms in agriculture and their potential impact on global agricultural sustainable development.

Zhang Yucheng. Application of Carbon Market Mechanisms in Agricultural Economics and Their Roles in Sustainable Development. Academic Journal of Business & Management (2024) Vol. 6, Issue 9: 92-96. https://doi.org/10.25236/AJBM.2024.060913.

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