Saltmarsh carbon code. Phase 2 scoping

Tender description

The Saltmarsh Code project, started in 2021, is to develop a UK domestic Saltmarsh Code to be available for projects in the UK, providing the financial pipeline to generate revenue to finance delivery of saltmarsh restoration. The goal is to create a rigorous and scientifically based voluntary certification standard, to be adopted within the voluntary carbon market, enabling saltmarsh carbon to be marketed and traded as carbon offsets, whilst providing assurances to buyers that the climate benefits being sold are real, quantifiable, additional, and permanent. The UK Saltmarsh Code will promote new habitat creation that would not otherwise be taking place. If designed so only UK companies - or UK arms of international companies - can invest, this additional restoration will contribute to the UK net-zero targets, providing more space for saltmarshes to trap and store carbon dioxide from the atmosphere - a nature-based solution to climate change mitigation.