TY - JOUR
T1 - Modelling blue carbon farming opportunities at different spatial scales
AU - Duarte de Paula Costa, Micheli
AU - Lovelock, Catherine E.
AU - Waltham, Nathan J.
AU - Moritsch, Monica M.
AU - Butler, Don
AU - Power, Trent
AU - Thomas, Evan
AU - Macreadie, Peter I.
N1 - Publisher Copyright:
© 2021 Elsevier Ltd
PY - 2022/1/1
Y1 - 2022/1/1
N2 - There is a growing interest in including blue carbon ecosystems (i.e., mangroves, tidal marshes and seagrasses) in climate mitigation programs in national and sub-national policies, with restoration and conservation of these ecosystems identified as potential activities to increase carbon accumulation through time. However, there is still a gap on the spatial scales needed to produce carbon offsets comparable with terrestrial or agricultural ecosystems. Here, we used the Coastal Blue Carbon InVEST 3.7.0 model to estimate future net carbon sequestration in blue carbon ecosystems along Australia's Great Barrier Reef (hereafter GBR) catchments, considering different management scenarios (i.e., reintroduction of tidal exchange through the removal of barriers, sea level rise, restoring low lying land) at three different spatial scales: whole GBR coastline, regional (14,000–16,300 ha), and local (335–370 ha) scales. The focus of the restoration (i.e., tidal marshes and/or mangroves) was dependent on data availability for each scenario. Furthermore, we also estimated the monetary value of carbon sequestration under each management scenario and spatial scale assessed in the study. We found that large scale restoration of tidal marshes could potentially sequester an additional ∼800,000 tonnes of CO2e by 2045 (potentially generating AU$12 million based on the average Australia carbon price), with greater opportunities when sea level rise is accounted for in the modelling. Also, we found that regional and local projects would generate up to 23 tonnes CO2e ha−1 by the end of the crediting period. Our results can guide future decisions in the blue carbon market and financing schemes, however, the return on investment is dependent on the carbon price and funding scheme available for project implementation.
AB - There is a growing interest in including blue carbon ecosystems (i.e., mangroves, tidal marshes and seagrasses) in climate mitigation programs in national and sub-national policies, with restoration and conservation of these ecosystems identified as potential activities to increase carbon accumulation through time. However, there is still a gap on the spatial scales needed to produce carbon offsets comparable with terrestrial or agricultural ecosystems. Here, we used the Coastal Blue Carbon InVEST 3.7.0 model to estimate future net carbon sequestration in blue carbon ecosystems along Australia's Great Barrier Reef (hereafter GBR) catchments, considering different management scenarios (i.e., reintroduction of tidal exchange through the removal of barriers, sea level rise, restoring low lying land) at three different spatial scales: whole GBR coastline, regional (14,000–16,300 ha), and local (335–370 ha) scales. The focus of the restoration (i.e., tidal marshes and/or mangroves) was dependent on data availability for each scenario. Furthermore, we also estimated the monetary value of carbon sequestration under each management scenario and spatial scale assessed in the study. We found that large scale restoration of tidal marshes could potentially sequester an additional ∼800,000 tonnes of CO2e by 2045 (potentially generating AU$12 million based on the average Australia carbon price), with greater opportunities when sea level rise is accounted for in the modelling. Also, we found that regional and local projects would generate up to 23 tonnes CO2e ha−1 by the end of the crediting period. Our results can guide future decisions in the blue carbon market and financing schemes, however, the return on investment is dependent on the carbon price and funding scheme available for project implementation.
KW - Additionality
KW - Australia
KW - Blue carbon
KW - Carbon markets
KW - Coastal blue carbon InVEST
KW - Coastal wetlands
KW - Restoration projects
KW - Tidal marshes and mangroves
UR - http://www.scopus.com/inward/record.url?scp=85116064855&partnerID=8YFLogxK
U2 - 10.1016/j.jenvman.2021.113813
DO - 10.1016/j.jenvman.2021.113813
M3 - Article
SN - 0301-4797
VL - 301
JO - Journal of Environmental Management
JF - Journal of Environmental Management
M1 - 113813
ER -