Opportunities and risks of current carbon crediting methodologies

Analysis of selected Blue Carbon projects in the voluntary carbon market

This report examines the risks and opportunities of using carbon crediting mechanisms to fund the protection and restoration of coastal ecosystems. It evaluates seven projects registered in the voluntary carbon market, focusing on key challenges related to integrity risks such as additionality, quantification, permanence, safeguards, and double counting. Despite uncertainties in measurement methods, the report highlights that some of the analyzed projects adopted conservative approaches to estimate their carbon removal effect. Aimed at stakeholders in carbon crediting programmes, policymakers, and researchers, it emphasizes the need for improved data collection and peer-to-peer learning to enhance project outcomes.