The annual award recognizes the best climate solutions the world has to offer
Northampton, MA –News Direct– Global Environment & Technology Foundation (GETF)
MONTEREY, California, August 6, 2021 / 3BL Media / – Oceans 2050 is honored to announce its selection as the 2021 winner of the Keeling Curve Prize. Each year, the Keeling Curve Award Selection Committee identifies and funds the best climate solutions the world has to offer. The award was presented during a July 31st ceremony organized by the Global Warming Mitigation Project in Monterey, California.
“We are deeply honored to receive the Keeling Curve Award in recognition of our pioneering work on the carbon sequestration potential of algae aquaculture,” said Oceans 2050 founder Alexandra Cousteau. “The award will be essential in advancing our mission to restore the world’s abundance of oceans.”
The Keeling Curve Prize recognizes the work of Oceans 2050 Chief Scientist, Professor Carlos M. Duarte. Under his leadership, Oceans 2050 is completing a scientific study to quantify carbon sequestration by algae in sediments under algae farms on five continents as part of the world’s first algae carbon production project. The objectives of the project are to advance the scienti ﬁ c base of algae aquaculture as a solution to help address the climate crisis while contributing to the restoration of the oceans and creating market access and incentives for catalyze this solution. Supporters of the study include the ClimateWorks Foundation, the Jeremy and Hannelore Grantham Environmental Trust, and WWF.
“Cultivation of algae is a scalable solution which, if properly deployed and managed, helps sequester carbon while improving water quality, strengthening local biodiversity and locally reducing acidification and deoxygenation. oceans. By quantifying the carbon sequestration rates under algae farms, Oceans 2050 is laying the scientific basis to catalyze the deployment of this promising ocean-based solution to climate change, ”said Carlos M. Duarte.
Oceans 2050 plans to use funding from the Keeling Curve Prize to support the design of the world’s first carbon-optimized algae farm, applying the learnings of the study. The prototype farm will aim to minimize the carbon footprint of seeding, harvesting and processing algae while maximizing carbon sequestration during the growing period as well as maximizing displaced emissions due to end use. biomass.
“We thank the team and the judges of the Keeling Curve Prize for this recognition of our project and the importance of the oceans for the climate. The oceans have absorbed 30 percent of all anthropogenic carbon dioxide emitted since the industrial revolution, and carbon dioxide is constantly moving between the ocean and the atmosphere. To meet our global climate goals, we need to reduce the loads of carbon dioxide in the ocean, and growing algae is the only scalable solution right now. Algae growers around the world, including the thousands of farmers from 22 farms across five continents who are partners in our study, are already contributing to climate change mitigation and adaptation every day. Our project to quantify the removal of carbon by algae farms and create a new voluntary carbon methodology for this will allow them to be paid for their work, and for all of us to better understand how to optimize algae cultivation. for climate goals, ”said Megan Reilly Cayten, Senior Advisor for Oceans 2050.
The Keeling Curve price is named after the Keeling Curve graph which represents the concentration of carbon dioxide in the Earth’s atmosphere since 1958. In the decades since the start of carbon dioxide measurements , the concentration of carbon dioxide in the atmosphere has been steadily increasing, representing anthropogenic climate change. The aim of the Global Warming Mitigation Project and the Keeling Curve Prize is to reverse the curve.
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Contact: Joshua Boyce
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About Oceans 2050
Created in 2018, Oceans 2050’s mission is to mobilize a global alliance to restore the abundance of the world’s oceans by 2050. Founded and led by Alexandra Cousteau, the platform identifies and develops solutions that harness the power of markets to reshape an ocean strategy adapted to current needs. and future challenges by producing impact on a significant scale for the oceans, climate and the millions of people who depend on them.
About the Global Warming Mitigation Project
The Global Warming Mitigation Project is a 501 (c) (3) nonprofit organization that identifies, activates and accelerates projects and programs around the world that reduce greenhouse gas emissions and increase absorption of carbon. This includes direct funding from endorsed organizations, enhancing networking and advocacy efforts, identifying ways to unlock funding opportunities for climate solutions and support for climate justice.
Current programs of the Global Warming Mitigation Project include the Keeling Curve Prize and the Sphere. The Keeling Curve Prize rewards $ 250,000 per year to projects that demonstrate proven efforts to absorb, reduce or sequester carbon. The Sphere is a networking portal for climate projects, funders and individuals.
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