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Presenting The First Blue Carbon Conservation Methodology
September 22, 2020 @ 11:00 am - 12:15 pm
Verra has released the first blue carbon conservation methodology approved under any major GHG program, which is expected to unlock new sources of finance for tidal wetland conservation and restoration activities. This methodology is a revision to the VCS REDD+ Methodology Framework (VM0007) which adds blue carbon conservation and restoration activities as an eligible project type.
Restore America’s Estuaries and Silvestrum Climate Associates led on the update to expand its applicability to tidal wetland conservation and restoration activities, including activities on mangroves, seagrasses and salt marshes. This update will enable these activities to access additional sources of finance through the sale of carbon credits in voluntary or compliance markets and help scale up tidal wetland conservation and restoration.
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