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Operationalizing marketable blue carbon

Journal Article


Abstract


  • The global carbon sequestration and avoided emissions potentially achieved via blue carbon is high (���3% of annual global greenhouse gas emissions); however, it is limited by multidisciplinary and interacting uncertainties spanning the social, governance, financial, and technological dimensions. We compiled a transdisciplinary team of experts to elucidate these challenges and identify a way forward. Key actions to enhance blue carbon as a natural climate solution include improving policy and legal arrangements to ensure equitable sharing of benefits; improving stewardship by incorporating indigenous knowledge and values; clarifying property rights; improving financial approaches and accounting tools to incorporate co-benefits; developing technological solutions for measuring blue carbon sequestration at low cost; and resolving knowledge gaps regarding blue carbon cycles. Implementing these actions and operationalizing blue carbon will achieve measurable changes to atmospheric greenhouse gas concentrations, provide multiple co-benefits, and address national obligations associated with international agreements.

Publication Date


  • 2022

Citation


  • Macreadie, P. I., Robertson, A. I., Spinks, B., Adams, M. P., Atchison, J. M., Bell-James, J., . . . Rogers, K. (2022). Operationalizing marketable blue carbon. One Earth, 5(5), 485-492. doi:10.1016/j.oneear.2022.04.005

Scopus Eid


  • 2-s2.0-85130549135

Start Page


  • 485

End Page


  • 492

Volume


  • 5

Issue


  • 5

Place Of Publication


Abstract


  • The global carbon sequestration and avoided emissions potentially achieved via blue carbon is high (���3% of annual global greenhouse gas emissions); however, it is limited by multidisciplinary and interacting uncertainties spanning the social, governance, financial, and technological dimensions. We compiled a transdisciplinary team of experts to elucidate these challenges and identify a way forward. Key actions to enhance blue carbon as a natural climate solution include improving policy and legal arrangements to ensure equitable sharing of benefits; improving stewardship by incorporating indigenous knowledge and values; clarifying property rights; improving financial approaches and accounting tools to incorporate co-benefits; developing technological solutions for measuring blue carbon sequestration at low cost; and resolving knowledge gaps regarding blue carbon cycles. Implementing these actions and operationalizing blue carbon will achieve measurable changes to atmospheric greenhouse gas concentrations, provide multiple co-benefits, and address national obligations associated with international agreements.

Publication Date


  • 2022

Citation


  • Macreadie, P. I., Robertson, A. I., Spinks, B., Adams, M. P., Atchison, J. M., Bell-James, J., . . . Rogers, K. (2022). Operationalizing marketable blue carbon. One Earth, 5(5), 485-492. doi:10.1016/j.oneear.2022.04.005

Scopus Eid


  • 2-s2.0-85130549135

Start Page


  • 485

End Page


  • 492

Volume


  • 5

Issue


  • 5

Place Of Publication