Blue Carbon Ecosystems: A Climate Solution in Peril

🌿 Blue carbon ecosystems — like mangroves, salt marshes and seagrasses — are among the planet’s most powerful natural climate solutions. Yet the countries that need them most often struggle to access the finance to protect them. A new piece by Context Newsroom highlights this growing challenge. Despite holding immense value — potentially worth up to $190 billion a year if traded on carbon markets according to The World Bank — blue carbon ecosystems remain underfunded and under threat from aquaculture, land conversion, infrastructure expansion, deforestation, and pollution. 💡 The World Economic Forum launched the Blue Carbon Action Partnership (BCAP) to help close this gap — working to unlock investment in nature-based solutions by supporting national strategies, surfacing investable projects, and improving integrity in emerging blue carbon markets. 🇵🇭🇮🇩 In 2023, the Philippines and Indonesia, home to some of the world's richest blue carbon ecosystems joined BCAP and have since drafted national plans to safeguard these vital coastal assets. But major obstacles remain — from high transaction costs and unresolved questions around land and carbon ownership. Addressing these challenges is essential to fully realize blue carbon’s potential — for nature, for people, and for climate. 📘 Read the full story: https://lnkd.in/eq-fKk-i Alfredo Giron Nava, Emily Kelly, James Tops, Erin Skoczylas, Defne Sallı Philippines National Blue Carbon Action Partnership, Indonesia National Blue Carbon Action Partnership, Mariejo Ramos, Sophie Jones

  • No alternative text description for this image

To view or add a comment, sign in

Explore content categories