background image

High-powered satellites have made blue-carbon credits a reality

author image

By illuminem briefings

· 2 min read

illuminem summarizes for you the essential news of the day. Read the full piece on Insider or enjoy below

🗞️ Driving the news: The Bahamas announced last year its historic initiative to sell credits related to carbon capture and storage in its waters, capitalizing on its mangroves and seagrass meadows
• Satellites are being implemented to monitor and gather data to establish quantities of blue carbon stored

🔭 The context: Blue carbon, stored in marine and coastal ecosystems, has emerged as a crucial tool against the climate crisis
• McKinsey predicts over $50 billion worth of carbon credits will trade annually in the voluntary market

🌎 Why does it matter for the planet: Blue carbon could represent a fifth of the emission reductions needed to stay within 1.5 degrees of warming
• Ecosystems like mangroves and seagrass not only capture carbon but also mitigate climate change effects such as floods and sea-level rises

⏭️ What's next: With the blue-carbon ecosystem turning to advanced technologies, initiatives like the Global Seagrass Watch are working on bridging the data and scalability gaps in monitoring marine ecosystems

💬 One quote: "It's a bit like going from dial-up internet to 3G," Guy Wolf of OxCarbon comments on the evolution of satellite technology aiding blue carbon monitoring

📈 One stat: A report from the World Resources Institute in 2019 found that blue carbon could account for one-fifth of the emissions reductions required to remain within a 1.5-degree warming limit.

Click for more news covering the latest on environmental sustainability

Did you enjoy this illuminem voice? Support us by sharing this article!
author photo

About the author

illuminem's editorial team - providing you with concise summaries of the most important sustainability news of the day.

Follow us on Linkedin, Twitter​ & Instagram

Other illuminem Voices

Related Posts

You cannot miss it!

Weekly. Free. Your Top 10 Sustainability & Energy Posts.

You can unsubscribe at any time (read our privacy policy)