Sustainability of Marine Macrophytes Conservation Activities by Utilizing Blue Carbon Credits; Consideration of the Break-even Price of Credits Involving Local Governments

DOI

Bibliographic Information

Other Title
  • ブルーカーボンクレジット活用による藻場保全活動の持続可能性 －自治体が関わるクレジットの損益分岐価格についての考察－

Abstract

<p>Since the report by UNEP, the blue carbon (BC) has been attracting attention, and three credit systems have already been in operation in Japan: Yokohama City, Fukuoka City, and the Japan Blue Economy Technology Research Association. While there are few precedents, previous studies have not clarified the options for utilizing the system and the corresponding procedures and budgets required when considering the use of blue carbon credits at the municipal level, which may lead to hesitation in utilizing BC credits, and ultimately stall efforts toward decarbonization. In this paper, we examine the sustainability of seaweed bed conservation activities using credits in the case of Fukuoka City by calculating the break-even price of the credits based on the necessary surveys and costs, and by organizing the relationships among stakeholders. As a result, the break-even price was much higher than the credit price, indicating that the sustainability of seaweed bed conservation activities depends on the financial burden of Fukuoka City. When other municipalities aim to utilize credits, lower transaction costs, financial burdens, and trading credits at higher prices will lead to sustainability, but in all cases, municipalities need to play a certain role.</p>

Journal

Keywords

Details 詳細情報について

  • CRID
    1390578437522230912
  • DOI
    10.57296/jaczs.36.1_23
  • ISSN
    24369837
    13496123
  • Text Lang
    ja
  • Data Source
    • JaLC
  • Abstract License Flag
    Allowed

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