Blue Carbon Value of Seagrass Meadows: Exploring the carbon market opportunity.

Objectives 

This workshop will explore the untapped potential of seagrass ecosystems in Indonesia, providing a discussion of innovative approaches, share best practices, and identify actionable pathways to optimize blue carbon benefits. 

Background

Seagrass ecosystems are among the planet’s most effective natural carbon sinks, capturing CO2 through photosynthesis and storing organic carbon in their soils for millennia. Experts have determined that seagrass carbon sequestration is 35 times more efficient per unit area than that of tropical rainforests. However, seagrass ecosystems are under threat and are experiencing widespread die-offs. According to the International Union for Conservation of Nature (IUCN), seagrasses are disappearing globally at rates comparable to those of coral reefs and tropical rainforests, with an annual loss of up to 7% of their area.

In Indonesia, seagrasses account for 11.5% of the world’s seagrass meadows, a strategic asset for the government to  target for its carbon storage capabilities. Seagrass beds are found throughout the archipelago, from Sumatra to Papua and from North Sulawesi to the southern Nusa Tenggara. With this potential, seagrasses present a promising solution for Indonesia’s carbon sink strategy, although there are still uncertainties about the full extent of their reach.

Speakers

Yusmiana Puspitaningsih Rahayu, Research Center for Conservation of Marine and Inland Water Resources, National Research and Innovation Agency (BRIN)

Andreas A. Hutahaean, Principal Consultant, Blue Carbon & AFOLU, Neyen Consulting

Agenda

09.00 – 09.30 Registration and coffee
09.30 – 09.35 Welcoming remarks, Andreas A. Hutahaean.
09.35 – 09.50 Blue Carbon Introduction, Andreas A. Hutahaean.
09.50 – 10.35 Blue Carbon Value of Seagrass Meadows: Exploring the Carbon Market Opportunity, Yusmiana Puspitaningsih Rahayu
10.35 – 11.05 Q&A
11.05 – 11.20 Closing and photo session
11.20 – 12.00 Networking session

When and where?

23rd January, 09:00 – 12:00 WIB

WeWork Revenue Tower – 25th Floor, Meeting Room 25A

Please note, this is an in-person only event.

Who should attend?

This workshop is intended for Project Developers based in Indonesia, government officials, CSOs, and representatives of industry who are interested in participating in the carbon market or represent local communities with an interest in the Indonesian Carbon Market.