
Blue Carbon Credits
Blue carbon credits are a type of carbon credit that focuses on the sequestration and storage of carbon in coastal and marine ecosystems, particularly mangroves, seagrasses, and salt marshes. These ecosystems are referred to as "blue carbon" because they are associated with coastal and marine environments.
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Overview of blue carbon credits:
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Ecosystems: Blue carbon credits are linked to the protection, restoration, or sustainable management of coastal and marine ecosystems. Mangroves, seagrasses, and salt marshes are highly effective in sequestering and storing large amounts of carbon dioxide from the atmosphere.
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Carbon Sequestration: The plants in these ecosystems capture carbon dioxide during photosynthesis and store the carbon in their biomass and in the sediment beneath them. This process is a crucial mechanism for mitigating climate change by removing carbon from the atmosphere and storing it in long-term sinks.
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Project Types: Blue carbon credit projects can include activities such as mangrove reforestation, seagrass restoration, and the conservation of existing coastal ecosystems. The projects aim to enhance carbon sequestration, promote biodiversity, and provide other ecosystem services.
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Verification: Like other carbon credit programs, blue carbon credit projects undergo verification processes to ensure that the claimed carbon sequestration and ecosystem benefits are accurately measured and documented.
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Market Integration: Blue carbon credits can be traded in carbon markets, similar to other types of carbon credits. Companies and organizations looking to offset their carbon emissions can purchase blue carbon credits to support projects that contribute to both climate change mitigation and coastal ecosystem conservation.
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The concept of blue carbon recognizes the critical role that coastal ecosystems play in global carbon cycles and emphasizes the importance of preserving these habitats for both climate and biodiversity conservation.
'Australia harbors about 12 per cent of the World's blue carbon ecosystems, which hold about 5-11 per cent of global blue carbon stock. The seagrass meadows surrounding the coral reefs in the Great Barrier Reef alone host an estimated 11 per cent of the world's seagrass blue carbon'
