This event will examine how marine ecosystem accounting can provide the basis for measuring, reporting and verifying ocean carbon, and potentially issuing credible blue carbon credits. It will present Portugal’s work on marine ecosystem accounts discuss common criteria for monitoring, verification, certification and avoiding double counting. 

The event will also highlight the Ocean Panel initiative proposed by Portugal to develop a common protocol for blue carbon certification, alongside planned research for an MRV system for potential deep-sea blue carbon credits. 

Host organisations: Instituto Português do Mar e da Atmosfera (IPMA), with Deep Ocean Stewardship Initiative (DOSI) and WRI