ICR
Validated

RB-SWAM

Rahima Bay Sustainable Wetlands and Mangrove Conservation (RB-SWAM)

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Project Information

Est. Annual Mitigations

930t CO2-e

Project Status
Validated
Project Type
Sequestration / Removal
Sector
Afforestation and reforestation
Methodology
AR-AM0014
Project Description

The Rahima Bay Sustainable Wetlands and Mangrove Conservation (RB-SWAM) project by Saudi Aramco aims to restore 246 hectares of mangrove ecosystems in Raheema Bay, Saudi Arabia. it is projected to mitigate 930 tCO2e/year annually.Despite this, the project supports biodiversity and aligns with Saudi Arabia's Vision 2030 and international climate commitments, highlighting the crucial role of mangroves in carbon sequestration and climate change mitigation.

Validation Criteria
ISO 14064-2:2019
ICR requirements v5.0
Applied methodology
Verification Criteria
ISO 14064-2:2019
ICR requirements v5.0
Applied methodology
Project design description

Media

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Location

Country
Saudi Arabia
City
Raheema Bay
Address
Ras Tanura
Geographical Region
Asia
Coordinates
26.7344192, 49.993213
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Credits
All credit information, issuances, retirements and holders.
Est. Annual Mitigations
930
t CO2-e per year
Est. Total
28K
t CO2-e
Crediting Start Date
AUG 1 '22
Crediting Period
30 Years

Sustainable Developement Goals

Climate Action

Take urgent action to combat climate change and its impacts

Life Below Water

Conserve and sustainably use the oceans, seas and marine resources for sustainable development

Life on Land

Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss

Additionality

Level 1 additionality

Baseline additionality. Compared to the baseline scenario the project needs to mitigate climate change. That is the project must implement actions that are additional to what would occur compared to the baseline.

Level 2a additionality

Statutory additionality. The project must implement actions that are beyond requirements stipulated in local legislation or regulations. Projects are statutory additional if their implementation and/or operation is not required by any law, statute, or other regulatory framework, agreements, settlements, or other legally binding mandates requiring implementation and operation or requiring implementation of similar measures that would result in the same mitigations in the host country.

Level 3 additionality

Technology, institutional, common practice additionality. The project must implement actions that are subject to barriers of implementation or accelerate deployment of technology or activities and carbon market incentives are essential in overcoming these barriers.

Level 4b additionality

Financial additionality II. The project is financially additional if it faces significant financial limitations that revenues from the sale of carbon credits mitigates or are revenues due to the sale of carbon credits are the only source of revenues. When carbon credit revenues are a precondition for the implementation of the project and/or carbon credit revenues are essential in maintaining the project operations and ongoing financial viability post-implementation, then they are considered to be financial additional II.

Level 5 additionality

Policy additionality. Implementation of actions may lie out of the scope of the host country's Nationally Determined Contributions under the Paris Agreement and, therefore, not eligible for international transfer mechanism. When project implementation goes beyond its host country’s climate objectives and lies outside of the scope of its climate action strategy towards its NDCs, it is considered to be policy additional.

Project Insights

People

An overview of all the people associated to this project. Participants, validators, verification bodies and other.

Documents
An overview of all documents connected to this project
Version
File size
Other note

5 documents

Project design description and monitoring report

4 documents

Validation and verification report

3 documents

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