Blue Carbon and NDCs: Financing Blue Natural Capital as NbS Torsten Thiele Global Ocean Trust EMB Webinar 15 February 2024Setting the Scene • What is Blue? [...] • ) • Mangrove Breakthrough Financial Roadmap: US$4billionBlue NDCs • Nationally Determined Contributions (NDCs) are the key mechanism for States Parties to deliver on their Paris Agreement commitments • A large number of countries have begun to include marine and coastal mitigation and adaptation commitments, using a wide v [...] "The blue carbon handbook: Blue carbon as a nature- based solution for climate action and sustainable development." Report. [...] London: High Level Panel for a Sustainable Ocean Economy ο o A range of co-benefits in terms of resilience, adaptation, biodiversity, water qualityBlue Natural Capital Financing Facility – Supporting the transition towards a sustainable blue economyBlue economy • Blue economy - Concept and recent Developments o Sectors, Transition and Innovation o Sustainable B [...] • The NDCs under the Paris Agreement provide countries with an opportunity to describe specific blue carbon commitments. • Carbon emitters need to substantiate their net zero pathways and cover interim emissions through offsets, as well as addressing biodiversity. [...] "The blue carbon handbook: Blue carbon as a nature-based solution for climate action and sustainable development." Report. [...] London: High Level Panel for a Sustainable Ocean Economy • Lubchenko, J and Haugan, PM (eds) (2023) The Blue Compendium. Springer. [...] • Vanderklift, M, Steven, A, Benzaken, D, Thiele, T et al (2022) Blue Forest Finance: financing the protection and restoration of blue forests and meadows. CSIRO, Australia. [...] • De Noon, P, Kraemer, RA, Massai, L, Orbach, MK, Stelljes, N, Thiele, T, Virdin, J (2021) Fixing Financial, Economic and Governance Structures to Save Forests and the Ocean and Enhance Their Contributions to Climate Change Solutions. T20 Policy Brief • Thiele, T et al (2020) Blue Infrastructure Finance: Integrating Nature-based Solutions for coastal resilience. IUCN • Sumaila, UR et al. (2020). [...] Ocean Finance: Financing the Transition to a Sustainable Ocean Economy. WRI • Thiele, T, Alleng, G, Biermann, A et al.