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The aim of the article is to substantiate the prospects for introducing a low-carbon method of using agricultural land, which ensures a non-negative carbon balance in a reservoir of mineral soil. The need to offer financial and economic levers for its ensuring is determined. The importance of implementing the indicated changes is explained by the dynamics of quantitative parameters of agricultural production in comparison with characteristics of the existing qualitative state of soils. There proposed a direction of forming the financial and economic basis for introducing low-carbon land use through improvement of the pricing instrument for agricultural land plots, namely through supplementation of the method of normative monetary valuation with a coefficient taking into account the effect of change in the carbon reserves. The effectiveness of the proposed improvement is explained by the key influence of normative monetary valuation on the functioning of the system of financial and economic instruments that can be involved in economic transactions with land plots. The proposed approach provides the basis for the improvement of the processing of agricultural development programs as well as the restoration and conservation of agricultural resource potential.

The article is aimed at suggesting directions of formation of institutional support for introduction of the innovative financial-economic instrument of the internal carbon market (ICM) of the sector of agricultural land use and highlighting aspects of development of its legislative provision. The relevance of the suggested instrument is underlined by the necessity for Ukraine to fulfill the obligations under the Framework Convention on Climate Change of the UN, the Kyoto Protocol, the Paris Agreement, which are aimed at counteracting climate changes and adapting to their consequences. Through the use of the method of statistical analysis together with the analysis of dynamics of land-use categories in terms of farmlands, it has been proved that existing approaches to agricultural land use have a negative impact on the level of agri-ecological and food security of the State, lead to the loss of fertility and contribute to the increase of carbon emissions from the reservoir of mineral soils. The proposed approach forms the bases of further scientific and methodological developments for elaboration of the theoretical, normative-legislative, organizational and economic directions of development of the ICM of the sector of land use. The aspects of further improvement of legislation and of positive influence of ICM on the associated economic sectors are displayed.

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