ICR
Validated

Blue Carbon Project

Sea Cave® True Blue Carbon®, Baja California, Mexico

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Project Information

Est. annual mitigations

3,398t CO2-e

Project Status
Validated
Project Type
Hybrid both
Sector
Afforestation and reforestation
Methodology
ISO 14064-2
Project Description

Sea Cave® True Blue Carbon® represents a multi-faceted approach to atmospheric CO2 reduction and Blue Carbon by passively removing CO2 through macroalgae photosynthesis, dramatically reducing carbon emitting process associated with fishing behavior and calculating carbon stored in the reef biomass. Sea Cave® True Blue Carbon® is the world’s first IP protected Blue Carbon. Sea Caves® True Blue Carbon® assures that 100 kilograms of marine life is generated per carbon credit issued.

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

Media

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Location

Country
Mexico
City
Noroeste de México
Address
Noroeste de México
Geographical Region
North America
Coordinates
30.4878452, -116.1148024
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Credits
All credit information, issuances, retirements and holders.
Est. Yearly Average
4K
t CO2-e per year
Est. Total
37K
t CO2-e
Crediting Start Date
AUG 1 '23
Crediting Period
10 Years

Sustainable Developement Goals

End poverty

End poverty in all its forms everywhere

No Poverty

End hunger, achieve food security and improved nutrition and promote sustainable agriculture

Decent Work and Economic Growth

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

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

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.

Contact persons

Documents
An overview of all documents connected to this project
Version
File size
Kml file

2 documents

Methodology concept

1 documents

Project design description and monitoring report

1 documents

Project concept

1 documents

Proof of ownership

2 documents

Review report

6 documents

Validation and verification report

1 documents

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