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Analysis of Farmed Seaweed Carbon Crediting and Novel Markets to Help Decarbonize Supply Chains

September 1, 2023

Analysis of Farmed Seaweed Carbon Crediting and Novel Markets to Help Decarbonize Supply Chains
Interest in seaweed as a potential nature-based solution to climate change has skyrocketed in recent years. There is significant energy among NGOs, corporations, startups, governments, and others to explore how seaweed can play a role in sequestering carbon and reducing greenhouse gas (GHG) emissions in supply chains by substituting seaweed for other products, bring us closer to a net-zero emissions future. In partnership with Bain & Company, The Nature Conservancy (TNC) examined the potential to support significant near-term growth over the next five to ten years in seaweed farming through two analyses: Through this assessment, TNC’s goals were to inform next steps for its own Restorative Seaweed Initiative, and to provide clear guidance to seaweed farmers, research partners, governments, fellow NGOs, and foundations.