Building Blue Carbon Projects - An Introductory Guide - page 83

Page
70
Building Blue Carbon Projects
An Introductory Guide
Criterion
#
Sub-criterion
Question
Technical
feasibility
20 Baseline
Is there available data to form a baseline?
21 Additionality
How can the project help overcome the local baseline?
22 Partners/stakeholders
Who are the potential local partners?
23 Partners/stakeholders
Who are the potential national partners?
24 Users
Who are all the current users of this resource and area?
25 Local knowledge
Can traditional and or local knowledge play a role in the
development and implementation of Blue Carbon
policies and management plans?
Financial
feasibility
26 Equitable benefit
sharing
Does the project area have previous experience in
benefit-sharing and how is it perceived by the
community?
27 Market rights
Do prospective ecosystem service and carbon sellers
have the necessary legal rights?
28 Co-finance
What project elements can be covered by project
partners as co-finance?
29 Payments for ecosystem
services market
Who are the potential buyers of payments for
ecosystem services?
30 Carbon market
Who are the potential buyers of carbon?
31 Viability
Is the project expected to be economically viable?
Risks
32 Future development
risks
What are the prospects for threats to project
outcomes?
33 Leakage risk
Is there a leakage risk from project implementation?
34 Local governance/policy What is the incidence of illegal practices in the area?
35 Local governance/policy Are there local institutional conflicts?
36 Local governance/policy Are existing marine protected areas functioning?
37 National
governance/policy
Is there national political willingness to support this
project or its outcomes?
38 National
governance/policy
Are conservation activities sustained from one
administration to the next?
39 Resource use impacts
Who would be impacted by an implemented Blue
Carbon project in terms of current resource access or
use patterns?
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