Catalyzing Investments in Ocean Climate Solutions
(Organized by National Oceanic and Atmospheric Administration (NOAA))
Description
Carbon Dioxide Removal (CDR), when paired with extensive emissions reductions, is a mitigation strategy to limit warming to 1.5°C as it removes legacy carbon emissions from the atmosphere by augmenting natural processes on ocean and land.
However, in order to meet climate goals, CDR must scale 30 times its present capacity by 2030, which is estimated to require an annual global investment of 1.13 billion USD/year for research and development.
This panel event will:
- Highlight recent investments from the US and Canada on novel CDR research, especially marine CDR, including research on impacts to ecosystems and social systems
- Outline current mCDR initiatives and priorities in the US and Canada and the global south
- Call to action other governments to join the US and Canada in responsible investments for international mCDR research development and demonstration to understand the feasibility of mCDR as a climate solution.
Speakers
Kate Guy
Senior Advisor & Managing Director, U.S. Special Presidential Envoy for Climate
Dr. Sarah Kapnick
Chief Scientist, National Oceanic and Atmospheric Administration
Dr. Anya Waite
Chief Executive Officer and Scientific Director, Ocean Frontier Institute
Co-Chair, Global Ocean Observing System
Hon. Immaculate Sware Semesi
Director General of the Tanzania Marine Parks and Reserves Unit
Mr. Francisco Armando Arias Isaza
Director of Marine and Coastal Research Institute (INVEMAR)
Dr. Gabby Kitch
Carbon Dioxide Removal Lead, National Oceanic and Atmospheric Administration