TY - JOUR
T1 - Operationalizing marketable blue carbon
AU - Macreadie, Peter
AU - Robertson, Alistar I
AU - Spinks, Bernadette
AU - Adams, Matthew P.
AU - Atchison, Jennifer
AU - Bell-James, Justine
AU - Bryan, Brett A.
AU - Chu, Long
AU - Filbee-Dexter, Karen
AU - Drake, Lauren
AU - Duarte, Carlos M.
AU - Friess, Daniel
AU - Grafton, Quentin
PY - 2022
Y1 - 2022
N2 - 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.
AB - 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.
U2 - 10.1016/j.oneear.2022.04.005
DO - 10.1016/j.oneear.2022.04.005
M3 - Article
SN - 2590-3322
VL - 5
SP - 485
EP - 492
JO - One Earth
JF - One Earth
IS - 5
ER -