Hainan's first single blue carbon ecological product successful transaction

Author:Hainan Free Trade Port Time:2022.06.15

Recently, the signing ceremony of the value realization of the blue carbon ecological product in Hainan Province was held in Haikou.

The blue carbon ecological product of this transaction is a mangrove restoration project located in Sanjiang Farm in Haikou City. It is expected that the project can generate more than 90,000 tons of carbon exchange volume in the next 40 years. This time it was included in the transaction of more than 3,000 tons of carbon exchange volumes, and the transaction volume was more than 300,000 yuan. It was purchased by Zijin International Holdings Co., Ltd. Transaction income will be used for public welfare projects in mangrove management and protection of mangroves and projects around the project.

The signing transaction of this blue carbon ecological product is a substantial breakthrough in the transformation of the value of blue carbon resources. It is a useful attempt to convert high -quality ecological assets into a continuous promotion of high -quality development capital.

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Blue carbon refers to a "blue" carbon exchange that is absorbed and stored by the marine ecosystem. The coastal ecosystems such as mangroves, seaweed beds, and salt marsh are important blue carbon resources.

Hainan is a large maritime province. The area of ​​the waters under the jurisdiction of the rights is about 2 million square kilometers. Mangroves, seaweed beds, and seafood breeding have unique carbon conditions. In addition, the free flow and gathering of various resources and information in Hainan Free Trade Port will also provide a steady stream of driving force for the development of blue carbon development in Hainan.

my country strives to achieve carbon peaks by 2030 and carbon neutrality by 2060. In recent years, Hainan has actively promoted the transformation of the "two mountains" and strived to be a "double carbon" work. Consolidate the foundation of green carbon, strengthen the research of blue carbon, implement a group of blue carbon leading research projects, further explore, tap, and exert the potential of Hainan's "carbon storage", and show Hainan's bright colors in responding to climate change.

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