How Seagrass Beds Are Funding Climate Solutions In The Bahamas

“Seagrass beds per acre have been found to sequester more carbon than the Amazon rainforest.”

In 2019, Hurricane Dorian struck The Bahamas, causing $3.4 billion worth of damage – a sum equal to one quarter of the country’s GDP. To rebuild resilient communities and economies, the country is leveraging its natural assets.

As High Commissioner Paul Andrew Gomez explains, The Bahamas is home to the world’s largest expanse of seagrass beds. These marine ecosystems are now being monetised in the form of carbon credits.

This income can support faster and more effective natural disaster relief.

🔗 This month at RE:TV we’re exploring the topic of regenerating oceans. To learn more about how new financial frameworks can unlock climate funding for Small Island Developing States, watch the extended interview with Paul Andrew Gomez on our digital hub: https://www.re-tv.org/features/oceans
–
RE:TV was founded by His Majesty King Charles III to highlight the innovations and ideas that are emerging in response to the climate and biodiversity crisis.

Inspired by The King’s long-standing commitment to nature, we provide a platform for the growing community of change-makers around the world, raising awareness of the wide variety of technological and nature-based climate solutions that point the way to a better future for us all.

As our founder put it when RE:TV launched in 2020; “there is real hope, but we’ve got to come together as a world on this.”

Find out more: https://www.re-tv.org/
Follow RE:TV on Instagram: https://www.instagram.com/retv_smi/
Follow RE:TV on Twitter: https://twitter.com/retv_org
Follow RE:TV on Facebook: https://www.facebook.com/retvsmi
Follow RE:TV on LinkedIn: https://www.linkedin.com/company/retv-org/

source