According to The Asahi Shimbun, initiatives to have carbon dioxide (CO2) absorbed and captured in seaweed and seagrass are taking root across Japan, where the population is known for having a taste for a wide range of aquatic plants.
Those environmental efforts aim to not only combat climate change but also offer other benefits, including improving fisheries resources and seawater quality. A framework to trade blue carbon credits has already been adopted in the nation. A total of 26 programs were certified through fiscal 2022. Credits for a total of 3,800 tons of CO2 were issued. Credits are reportedly being traded this fiscal year for an average of 65,000 yen (US$438) per ton, six times higher than the approximately 10,000 yen per ton for forest-linked credits. https://www.asahi.com/ajw/articles/15191967
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