carbon credits

A ranger doing inventory for carbon calculation. Credit - Sirebe Tribal Association

Solomon Islands - Sirebe Tribal Association first to receive carbon credit, $1.2m payment estimated per year

March 10, 2022

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Sirebe Tribal Association in Sasamuga, south Choiseul has become the first conservation site in the country to receive carbon credit from carbon trading.

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Through disturbing the sediment on the sea floor - the world's largest carbon sink - bottom trawling is thought to release a similar amount of carbon dioxide into the atmosphere as the aviation industryg. Credit - https://thefishsite.com/

Could funding MPAs offer a new system of blue carbon credits?

March 25, 2021

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Funding the establishment of Marine Protection Areas (MPAs) – thus protecting them from activity by bottom-trawling vessels – could form an innovative new type of carbon credit scheme.

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