Canopy Blue partnered with the University of Western Australia on a program to restore kelp forest lost during the 2011 marine heatwave, which caused an estimated 310,949 tonnes of carbon to be released into the atmosphere. The 100,000+ kelp plants grown and deployed in this program reflect the dedicated outplanting work of the Wernberg Lab. The program generated $1M+ in revenue – demonstrating real market demand for marine restoration solutions.
As natural capital markets mature – including Australia’s Nature Repair Market and emerging biodiversity credit schemes – Canopy Blue is positioned to develop new methodology that builds on the foundation this program established.
Kelp Reforestation Credits
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Seaweed cultivation has the potential to make a significant contribution the United Nations Sustainable Development Goals.
Seaweed cultivation has the potential to make a significant contribution the United Nations Sustainable Development Goals.