The High-Quality Blue Carbon Principles and Guidance seeks to provide a consistent and accepted framework for blue carbon credits for credit purchasers, investors, suppliers, and project developers. This shared vision for quality can serve a foundational role in building confidence and momentum around blue carbon project development and investments.
The five principles, each of equal importance, are:
- Safeguard nature
- Empower People
- Employ the best information and carbon accounting principles
- Operate contextually and locally
- Mobilize high integrity capital
Funding sources a collaborative effort between Salesforce, Conservation International, The Nature Conservancy, the Ocean Risk and Resilience Action Alliance (ORRAA), Friends of Ocean Action/Ocean Action Agenda at the World Economic Forum, and the Meridian Institute.