Cross-Border, Nature Based Market Solutions to Protect Blue Carbon Coastal Ecosystems in the Californias

Index

INTRODUCTION 7 I. WHAT MAKES THE LAS CALIFORNIAS REGION UNIQUE? 10 II. WHAT IS THE DISPARITY IN ECONOMIC GROWTH, URBANIZATION AND ECOSYSTEM DESTRUCTION BETWEEN CALIFORNIA AND THE BAJA CALIFORNIA PENINSULA? 15 - California 15 - Baja California Peninsula 22 III. WHAT LEGAL AND POLICY CONSIDERATIONS MUST BE TAKEN INTO ACCOUNT TO PURSUE CROSS-BORDER NATURE-BASED SOLUTIONS? 24 - California 24 • Potential Cross-Border Mechanisms for Habitat Mitigation 24 • California Cap and Trade 26 • GHG Emissions O sets through the California Environmental Quality Act (CEQA) 29 IV. WHAT LEGAL AND POLICY CONSIDERATIONS MUST BE TAKEN INTO ACCOUNT TO CATALYZE CROSS- BORDER CONSERVATION ALONG THE BAJA CALIFORNIA PENINSULA? 31 - Mexican Legal and Policy Considerations 31 • Natural Protected Areas, Marine Natural Protected Areas and National Parks 33 • Acuerdo de Destino (ADD) 34 • Other Coastal Landscapes 36 • Conclusions Regarding Mexican Legal Considerations 36 V. WHAT FUNDING MECHANISMS EXIST THROUGH CARBON MARKETS TO CATALYZE CROSS-BORDER CONSERVATION FOR COASTAL WETLANDS AND THEIR ADJOINING LANDSCAPES IN THE BAJA CALIFORNIA PENINSULA? 37 - Voluntary Carbon Markets 39 - Blue Carbon O sets 40 - The Opportunity 41 VI. HOW CAN FUNDING BE EFFECTIVELY DISTRIBUTED BASED ON BLUE CARBON VALUATION OF COASTAL LANDS FOR THE BAJA CALIFORNIA PENINSULA? WHAT OTHER ECOSYSTEM SERVICES COULD BE MAXIMIZED WITH THESE FUNDS? 43 - Carbon Sequestration 46 VII. CONCLUSIONS AND RECOMMENDATIONS 48 - Recommendations 48 • State of California 50 • County Jurisdictions 50 • Mexico 50 • Federal Government 50 • Philantropic & Non-Governmental Organizations 51 APPENDIX 52

Made with FlippingBook. PDF to flipbook with ease