BGF#3

Type: Large

SeyCCAT strategic objective: 1

Lead Project Partner: James Michel Foundation

Partners:

  1. Deakin University, Australia
  2. Ministry of Environment, Energy and Climate Change

Summary:

To advance Seychelles’ Blue Economy, it is imperative to explore Blue Carbon opportunities within the region. The SeyCCAT’s grant provides key funds to better understand marine assets (i.e. Blue Carbon systems) that directly mitigate climate change and reduce ocean risks like coastal erosion and sea level rise (as highlighted in the Seychelles’ Blue Economy roadmap; strategic priority #3). Accounting for the ocean’s carbon offsetting capacity can help Seychelles remain a net carbon sink and achieve its Nationally Determined Contribution (NDC). Further, many of the costs of achieving emission reductions in the energy and transport sector and could be met through international climate financing and Blue Carbon Markets.

Blue carbon ecosystems (i.e. mangroves, seagrass beds, saltmarsh) are among earth’s most efficient carbon sinks, burying carbon up to 40-times faster than tropical rainforests and locking away carbon in the ground for millennial time scales. In addition to sequestering carbon, blue carbon ecosystems provide other important ecosystem services: they support fisheries, enhance biodiversity, and protect shorelines from erosion, extreme weather events and sea level rise.

Our research proposal seeks to explore the Seychelles’ Blue Carbon future, by developing a first-pass assessment of potential Blue Carbon opportunities in the Seychelles and building local capacity and literacy on Blue Carbon (through a series of on-site workshops).

This project is timely given that Seychelles’ Blue Carbon ecosystems have declined dramatically as a result of coastal development, and face added pressures with future climate change (including sea level rise). This project will help put Seychelles at the forefront of international efforts to incorporate coastal carbon within CO2 mitigation strategies, thereby helping to mitigate climate change, while also improving water quality, enhancing natural capital, and contributing to jobs, economic growth and community wellbeing. Importantly, this project will provide new societal and financial impetus for restoration and protection of the Seychelles’ coasts, seeding new environmental markets, and thereby ensuring a legacy of optimal management of coastal ecosystems.

Increased knowledge on Seychelles’ Blue Carbon systems and enhanced public awareness on their ability to mitigate climate change, fully embodies SeyCCAT strategic priority #4. Knowledge gained from this program would also be developed, shared and utilised to advance other SeyCCAT strategic priorities:

• Support the creation of MPAs that protect the health and resilience of Blue Carbon systems as carbon sinks (Strategic Objective #1)
• Promote and incentivise the rehabilitation of seagrass and mangrove systems given their ability to fight climate change (Strategic Objective #3)
• Nurture the establishment of blue economy projects and Blue Carbon markets that can reward businesses that protect and restore the ability of Blue Carbon systems to mitigate climate (Strategic Objective #5).

Objectives of the Blue Carbon Study

Our Chief Scientific Advisor Ameer Ebrahim speaking to the National broadcaster on the objectives of the first Blue Carbon study for Seychelles by the The James Michel Foundation and Deakin university Blue Carbon Lab with the financial support of the Seychelles' Conservation and Climate Adaptation Trust

Gepostet von The James Michel Foundation am Dienstag, 4. Februar 2020

SeyCCAT funds:   SCR 1, 000, 000

Co-financing:  SCR 945, 000

Duration: 10 months

Project Application Form:

Environment and social management Plan – ESMP_BlueCarbon_20191219