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Frequently asked questions
Blue carbon is the carbon dioxide (CO2) that is absorbed from the atmosphere and stored in coastal ecosystems, such as mangroves, salt marshes, and seagrass meadows. These ecosystems are very efficient at capturing and storing carbon, and they play an important role in mitigating climate change.
Serendib Captial is developing and operating blue carbon projects in coastal communities around the world. These projects involve the preservation of pristine mangrove forests, the restoration and reforestation of degraded mangrove ecosystems, and the sustainable management of coastal resources.
Serendib Captial’s projects provide a wide range of benefits, including:
- Carbon sequestration: Serendib Captial’s projects help to remove CO2 from the atmosphere and store it in blue carbon ecosystems.
- Ecosystem restoration: Serendib Captial’s projects help to restore the ecological integrity and resilience of coastal ecosystems.
- Community development: Serendib Captial’s projects provide economic and social benefits to local communities. For example, the company provides jobs, training, and access to healthcare and education.
Serendib Capital has developed five principles for developing high-quality blue carbon projects and credits:
- Carbon sequestration: Serendib Capital projects must sequester and store carbon with high fidelity.
- Ecological integrity: Serendib Capital projects must restore the ecological integrity and resilience of the ecosystem in question.
- Equity: Serendib Capital projects must open pathways for local and Indigenous communities to equitably participate in and benefit from the voluntary carbon market.
- Transparency: Serendib Capital projects must be transparent in their design, implementation, and monitoring.
- Additionality: Serendib Capital projects must generate carbon credits that are additional to what would have happened without the project.
Investing in blue carbon projects is one way to help mitigate climate change and protect coastal communities. Blue carbon ecosystems are very efficient at capturing and storing carbon, and they provide a wide range of other benefits, such as coastal protection, biodiversity conservation, and food security.