State of the Blue Carbon Market: An Ocean of Potential 2024

The State of the Blue Carbon Market report highlights the potential of coastal ecosystems (mangroves, seagrasses, salt marshes) in climate mitigation. Published by Ecosystem Marketplace in October 2024, it says that despite challenges like high costs and regulatory hurdles, the market for blue carbon credits is growing. Scaling up through better financing and policy support is key to unlocking their potential.