Carbon removal, conservation and community resilience: How blue carbon can deliver at scale
15 Dec 22
Innovation Forum
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As the world’s greatest carbon sink, the ocean and its coastal ecosystems are an essential part of the solution to the climate emergency. Blue carbon projects protect and restore marine ecosystems, such as tidal marshes, seagrasses and mangroves – which can sequester up to ten times as much carbon as a land-based forest.
Companies have a vital role to play in blue carbon. By investing in projects, business can scale the supply of high-quality blue carbon credits and simultaneously meet their own net-zero and nature positive commitments.
In this webinar, we discussed: • Why coastal ecosystems of mangroves, seagrasses and salt marshes are imperative to reaching 1.5°C targets • How blue carbon projects can provide income, subsistence resources, and additional co-benefits for local communities • How will carbon accounting in blue carbon work in practice? And what is the role of business in scaling the voluntary blue carbon market?
The panel: • Dr. Whitney Johnston, director of ocean sustainability, Salesforce • Ben Scheelk, program officer, The Ocean Foundation • Dr. Jennifer Howard, vice president, blue carbon program, Conservation International • Liz Guinessey, manager, blue carbon innovation, Verra
Moderated by Ian Welsh, director of publishing, Innovation Forum