Join us tomorrow at the Digital Innovation Pavilion at #COP29 in #Baku! - 10:30 am, Blue Zone.
🌊 #Oceans – through the #blueeconomies – are responsible for $2.5 trillion of economic impact annually but receive far less focus and investment compared to terrestrial-focused #SDGs, in part because of a physical disconnect between people and the oceans.
🐠 At Planet2050, we believe that digital technologies can help bridge this gap, offering tools to better monitor, manage, and protect marine ecosystems and enabling greater transparency in blue markets.
🛰 Emerging technologies can help unlock new ways to mobilise communities, track environmental impact more precisely, and streamline blue finance investments to drive meaningful change for ocean ecosystems.
🔵 Especially, we see an increasing attention to the benefits of #bluecarbon projects focusing on coastal and marine ecosystems, such as mangroves, seagrasses, and salt marshes.
🦀 These ecosystems sequester carbon 3-5 times faster per hectare than terrestrial forests, holding an estimated 1-2 billion tons of CO₂ annually in their biomass and soils. They also provide key services and benefits to local communities, sources of revenues and flood protection.
💲 Blue Carbon projects have historically been developed naturally by local communities, governments and development banks. However, the potential of Public Finance is limited and private capital can be mobilized more broadly for ecosystem restoration and conservation through international standards in the carbon markets.
Lucas Zaehringer will share some of the work of Planet2050 in the field focusing on Blue ecosystems and present the "Ocean Flagship" from BC100+, the multi-stakeholder initiative in support of the UN Charter values and the SDGs.
✊ We look forward to the discussion with our panel speakers sharing from very diverse backgrounds and how overall digital solutions can help tackle diverse key ocean-related issues.
Program and streaming at https://dip.earth/
Evercity Climate Chain Coalition Ahmed Fathy Elsie Gabriel Jennifer Turliuk Keiichiro (Kay) Yano Carbontribe Labs OÜ (Techstars'24) Young Environmentalists Programme Trust Martin Trust Center for MIT Entrepreneurship BC100+ Miroslav Polzer Blake Goud Raymond Van Ermen GloCha - United Citizens Organization for Action for Climate Empowerment & GloCha Fdt. NY Inc.
