Afuwape, Kolawole
(2025)
Legal and Regulatory Frameworks for Blue Carbon Credit Markets.
Journal of Foreign Legislation and Comparative Law, 21 (3).
pp. 88-101.
ISSN 1991-3222
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Abstract
Blue carbon ecosystems — mangroves, seagrasses, and salt marshes — play a critical role in climate change mitigation by sequestering and storing carbon. Blue carbon credit score markets’ development allows for restoration and conservation with the promise of economic incentive, but the prison and regulatory systems governing them are still fragmented and dynamic. This article discusses the legal challenges, opportunities, and governance arrangements that influence blue carbon credit score markets, particularly within the framework of climate version, resilience, and the digital financial system. Critical issues include the standardization of carbon size methods, the role of global agreements such as the Paris Agreement and Article 6 carbon buying and selling frameworks, and the integration of blockchain and AI-driven verification frameworks for increased transparency and fraud avoidance. Furthermore, jurisdictional disputes exist in carbon right definition, especially in coastal regions where land ownership and marine administration interact. The article discusses national and local policies that could be leading to blue carbon credit schemes, highlighting legal precedents and fiscal mechanisms selling equal advantage-sharing to local communities. In addition, they look at examines digital finance innovations, including tokenized blue carbon credit and decentralized verification frameworks, in enhancing regulatory compliance. Solidifying legal foundations and embracing generation-driven regulatory solutions can be critical in ensuring the legitimacy, scalability, and long-term effectiveness of blue carbon markets as a climate resilience strategy.
Item Type: | Article |
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Keywords: | Blue Carbon Credits | Climate Adaptation | Regulatory Frameworks | Carbon Markets | Marine Governance | Paris Agreement | Ecosystem-Based Mitigation |
Subjects: | Physical, Life and Health Sciences > Environmental Science, Policy and Law |
JGU School/Centre: | Jindal Global Law School |
Depositing User: | Mr. Luckey Pathan |
Date Deposited: | 14 Jul 2025 11:27 |
Last Modified: | 14 Jul 2025 11:27 |
URI: | https://pure.jgu.edu.in/id/eprint/9841 |
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