Seaweed aquaculture and kelp forest restoration are getting a tentative nod as a blue carbon strategy – but the way policymakers structure carbon credits and offsets may make its benefits theoretical instead of bankable.
Ocean 14 Capital Fund, which is over half way to raising €150 million, is looking to make a series of game-changing investments in the aquaculture sector as it seeks to improve global food security while ensuring the long-term health of the oceans.
Artificial reefs made from innovative, low-carbon emission materials have the potential to improve biodiversity around aquaculture sites and may even open up opportunities for multi-trophic aquaculture, according to Max Morgan-Kay of ARC Marine.
A new project that aims to investigate growing kelp and mussels alongside offshore wind turbines – as well as researching the potential for artificial reefs – has been awarded a NOK 84 million (£7 million) grant.