Seaweed-Based Products for Decarbonization

First-order priorities

Overview

The Knowledge and Development Gaps were used to identify the following priorities to address within the next 10 years. The order in tackling these first order priorities matters. Some need to come first because they create the conditions for others to succeed. For example, once technical viability is achieved for low-carbon seaweed cultivation, then policy can be produced to create enabling market conditions for scale. Strong technical foundations and seaweed-positive regulatory frameworks will demonstrate verifiable value for market growth, attracting investment, unlocking diverse financing instruments, and scaling production.

Collectively, addressing the First-Order Priorities can help cultivate enough seaweed through affordable energy-efficient operations to produce cost-competitive, environmentally responsible, and commercially viable products that can achieve gigaton-scale CO2e mitigation.

The Knowledge and Development Gaps were used to identify the following priorities to address within the next 10 years. The order in tackling these first order priorities matters. Some need to come first because they create the conditions for others to succeed. For example, once technical viability is achieved for low-carbon seaweed cultivation, then policy can be produced to create enabling market conditions for scale. Strong technical foundations and seaweed-positive regulatory frameworks will demonstrate verifiable value for market growth, attracting investment, unlocking diverse financing instruments, and scaling production. Collectively, addressing the First-Order Priorities can help cultivate enough seaweed through affordable energy-efficient operations to produce cost-competitive, environmentally responsible, and commercially viable products that can achieve gigaton-scale CO2e mitigation.
The order in tackling these first order priorities matters. Some need to come first because they create the conditions for others to succeed. For example, once technical viability is achieved for low-carbon seaweed cultivation, then policy can be produced to create enabling market conditions for scale. Strong technical foundations and seaweed-positive regulatory frameworks will demonstrate verifiable value for market growth, attracting investment, unlocking diverse financing instruments, and scaling production. Collectively, addressing the First-Order Priorities can help cultivate enough seaweed through affordable energy-efficient operations to produce cost-competitive, environmentally responsible, and commercially viable products that can achieve gigaton-scale CO2e mitigation.

Projects from Ocean CDR Community

Reduce the cost and carbon footprint of seaweed production

Goal:

Biomass production increases by 12% per year until 2050 (based on estimates from DeAngelo et al., 2023)

Key Actions

  • Support genetic programs for the top 10 species cultivated. Strains developed should be fast-growing, are heat-tolerant and disease-resistant, and limit negative impacts of crop-to-wild interactions
  • Develop seed banks that can provide affordable seedstock to multiple farms without associated high labor costs of farm-specific nursery/hatchery operations (e.g., Woods Hole Oceanographic Institution MARINER Saccharina latissima breeding project)
  • Develop automated infrastructure that increases labor capacity (e.g., rate of seeding cultivation lines, evaluating seaweed health) by 40% to decrease production costs while maintaining or improving yield
  • Develop low-cost automated sensors to monitor seaweed and water quality and biofouling

Key Actors and Roles

Actor Group Specific Roles Rationale
Federal departments involved in agriculture and basic R&D funding Own the seed banks as a federal resource, providing most of the capital for infrastructure and capacity

Provide capital for species strain R&D to identify which strains can be scaled for cultivation and for which industries

Seed banks are routinely owned and operated by federal governments (e.g., The United States’ 20 federal seed banks that preserve millions of crop varieties). Federal governments can also provide funding for basic R&D that is essential for equitably exploring strain diversity, identifying those most promising for the industries scoped in this road map, and making them accessible to farmers and product producers
Regulatory bodies involved in aquaculture and biosafety Develop regulations for approved seaweed strain use based on biosafety protocols There are different regulations for farming selectively bred/genetically engineered crops, mandating regulators’ involvement in deciding which seaweed strains are approved for use in aquaculture and how they must be managed to meet biosafety requirements
Environmental non-government organizations Participate in public channels to inform responsible strain development and ecological safeguards tailored to community and regional concerns Environmental non-government organizations can leverage critical capacity to track and evaluate R&D. They can leverage feedback and engagement from local/regional communities and subject matter experts for supporting equitable and responsible R&D program development
Indigenous and local communities Partner with federal governments to develop seed banks, identifying synergies and non-starters with existing industries and ocean uses, and co-developing best practices for building/distributing seedstock Indigenous and local communities carry traditional ecological knowledge critical to identifying local/regional seaweed diversity that can help develop seed banks and conserve wild populations. Furthermore, they can inform best practices for ensuring equitable and responsible use of the seedbanks that cater to regional needs
Academic researchers involved in seaweed cultivation Lead on R&D for selectively bred or genetically engineered strains to identify those most promising for scaled production Academic researchers will have the capacity to safely test different strains in lab and mesocosm studies and transparently share the results of their efforts
Insurers De-risk low-carbon operations adoption through insurance programs that reward greener cultivation techniques Installing low-energy farm infrastructure will require higher up-front investment compared to conventional methods. Insurers can provide economic incentives that reward farmer buy-in and safety nets for pilot technologies

Goal:

Energy and throughput needs of seaweed farms are reduced by up to 30–40% by 2035 (range conservatively estimated given goals outlined in ARPA-E, 2025)

Key Actions

  • Produce low-carbon drying methods that can efficiently reduce water content by up to 90% and integrate into onsite farm operations
  • Co-locate renewable energy sources with seaweed farms
    • Co-locate offshore seaweed farms with marine renewable energy plants to access existing infrastructure and energy sources

Key Actors and Roles

Actor Group Specific Roles Rationale
Federal departments involved in basic R&D funding Provide funding grants specifically catered to engineering and innovation for seaweed cultivation A federal funding program track tailored to this task can ensure a diverse R&D portfolio to study multiple pathways and accelerate the field. Federal funders can also support more early-stage innovation, taking on more science and technology risks
Private/philanthropic funding organizations Provide funding grants specifically catered to engineering and innovation for seaweed cultivation Philanthropic funding can provide critical capital to accelerate R&D for one or more of the key actions that unlocks climate impacts
Private offshore wind farms Explore co-location of seaweed farms on offshore wind farms Private companies are the primary operators of offshore wind farms, making them critical in signing off on co-sited offshore seaweed farm projects and associated activities (i.e., using energy for farm operations)
Seaweed processing companies Partner with academic researchers to test R&D innovations for low-carbon drying methods Seaweed processing companies have the infrastructure, expertise, and incentive to explore R&D innovations that lower their operational costs, gain competitive advantage through new innovations and increase demand for their services. Therefore, they should lead R&D project planning

Goal:

Biomass production increases by 12% per year until 2050 (based on estimates from DeAngelo et al., 2023)

Key Actions

  • Support genetic programs for the top 10 species cultivated. Strains developed should be fast-growing, are heat-tolerant and disease-resistant, and limit negative impacts of crop-to-wild interactions
  • Develop seed banks that can provide affordable seedstock to multiple farms without associated high labor costs of farm-specific nursery/hatchery operations (e.g., Woods Hole Oceanographic Institution MARINER Saccharina latissima breeding project)
  • Develop automated infrastructure that increases labor capacity (e.g., rate of seeding cultivation lines, evaluating seaweed health) by 40% to decrease production costs while maintaining or improving yield
  • Develop low-cost automated sensors to monitor seaweed and water quality and biofouling

Key Actors and Roles

Actor Group Specific Roles Rationale
Federal departments involved in agriculture and basic R&D funding Own the seed banks as a federal resource, providing most of the capital for infrastructure and capacity Provide capital for species strain R&D to identify which strains can be scaled for cultivation and for which industries Seed banks are routinely owned and operated by federal governments (e.g., The United States' 20 federal seed banks that preserve millions of crop varieties). Federal governments can also provide funding for basic R&D that is essential for equitably exploring strain diversity, identifying those most promising for the industries scoped in this road map, and making them accessible to farmers and product producers
Regulatory bodies involved in aquaculture and biosafety Develop regulations for approved seaweed strain use based on biosafety protocols There are different regulations for farming selectively bred/genetically engineered crops, mandating regulators' involvement in deciding which seaweed strains are approved for use in aquaculture and how they must be managed to meet biosafety requirements
Environmental non-government organizations Participate in public channels to inform responsible strain development and ecological safeguards tailored to community and regional concerns Environmental non-government organizations can leverage critical capacity to track and evaluate R&D. They can leverage feedback and engagement from local/regional communities and subject matter experts for supporting equitable and responsible R&D program development
Indigenous and local communities Partner with federal governments to develop seed banks, identifying synergies and non-starters with existing industries and ocean uses, and co-developing best practices for building/distributing seedstock Indigenous and local communities carry traditional ecological knowledge critical to identifying local/regional seaweed diversity that can help develop seed banks and conserve wild populations. Furthermore, they can inform best practices for ensuring equitable and responsible use of the seedbanks that cater to regional needs
Academic researchers involved in seaweed cultivation Lead on R&D for selectively bred or genetically engineered strains to identify those most promising for scaled production Academic researchers will have the capacity to safely test different strains in lab and mesocosm studies and transparently share the results of their efforts
Insurers De-risk low-carbon operations adoption through insurance programs that reward greener cultivation techniques Installing low-energy farm infrastructure will require higher up-front investment compared to conventional methods. Insurers can provide economic incentives that reward farmer buy-in and safety nets for pilot technologies

Goal:

Energy and throughput needs of seaweed farms are reduced by up to 30–40% by 2035 (range conservatively estimated given goals outlined in ARPA-E, 2025)

Key Actions

  • Produce low-carbon drying methods that can efficiently reduce water content by up to 90% and integrate into onsite farm operations
  • Co-locate renewable energy sources with seaweed farms
    • Co-locate offshore seaweed farms with marine renewable energy plants to access existing infrastructure and energy sources

Key Actors and Roles

Actor Group Specific Roles Rationale
Federal departments involved in basic R&D funding Provide funding grants specifically catered to engineering and innovation for seaweed cultivation A federal funding program track tailored to this task can ensure a diverse R&D portfolio to study multiple pathways and accelerate the field. Federal funders can also support more early-stage innovation, taking on more science and technology risks
Private/philanthropic funding organizations Provide funding grants specifically catered to engineering and innovation for seaweed cultivation Philanthropic funding can provide critical capital to accelerate R&D for one or more of the key actions that unlocks climate impacts
Private offshore wind farms Explore co-location of seaweed farms on offshore wind farms Private companies are the primary operators of offshore wind farms, making them critical in signing off on co-sited offshore seaweed farm projects and associated activities (i.e., using energy for farm operations)
Seaweed processing companies Partner with academic researchers to test R&D innovations for low-carbon drying methods Seaweed processing companies have the infrastructure, expertise, and incentive to explore R&D innovations that lower their operational costs, gain competitive advantage through new innovations and increase demand for their services. Therefore, they should lead R&D project planning

Goal:

Biomass production increases by 12% per year until 2050 (based on estimated from DeAngelo et al., 2023)

Key Actions

  • Support genetic programs for the top 10 species cultivated. Strains developed should be fast-growing, are heat-tolerant and disease-resistant, and limit negative impacts of crop-to-wild interactions
  • Develop seed banks that can provide affordable seedstock to multiple farms without associated high labor costs of farm-specific nursery/hatchery operations (e.g., Woods Hole Oceanographic Institution MARINER Saccharina latissima breeding project)
  • Develop automated infrastructure that increases labor capacity (e.g., rate of seeding cultivation lines, evaluating seaweed health) by 40% to decrease production costs while maintaining or improving yield
  • Develop low-cost automated sensors to monitor seaweed and water quality and biofouling

Key Actors and Roles

Actor Group Specific Roles Rationale
Federal departments involved in agriculture and basic R&D funding Own the seed banks as a federal resource, providing most of the capital for infrastructure and capacity Provide capital for species strain R&D to identify which strains can be scaled for cultivation and for which industries Seed banks are routinely owned and operated by federal governments (e.g., The United States' 20 federal seed banks that preserve millions of crop varieties). Federal governments can also provide funding for basic R&D that is essential for equitably exploring strain diversity, identifying those most promising for the industries scoped in this road map, and making them accessible to farmers and product producers
Regulatory bodies involved in aquaculture and biosafety Develop regulations for approved seaweed strain use based on biosafety protocols There are different regulations for farming selectively bred/genetically engineered crops, mandating regulators' involvement in deciding which seaweed strains are approved for use in aquaculture and how they must be managed to meet biosafety requirements
Environmental non-government organizations Participate in public channels to inform responsible strain development and ecological safeguards tailored to community and regional concerns Environmental non-government organizations can leverage critical capacity to track and evaluate R&D. They can leverage feedback and engagement from local/regional communities and subject matter experts for supporting equitable and responsible R&D program development
Indigenous and local communities Partner with federal governments to develop seed banks, identifying synergies and non-starters with existing industries and ocean uses, and co-developing best practices for building/distributing seedstock Indigenous and local communities carry traditional ecological knowledge critical to identifying local/regional seaweed diversity that can help develop seed banks and conserve wild populations. Furthermore, they can inform best practices for ensuring equitable and responsible use of the seedbanks that cater to regional needs
Academic researchers involved in seaweed cultivation Lead on R&D for selectively bred or genetically engineered strains to identify those most promising for scaled production Academic researchers will have the capacity to safely test different strains in lab and mesocosm studies and transparently share the results of their efforts
Insurers De-risk low-carbon operations adoption through insurance programs that reward greener cultivation techniques Installing low-energy farm infrastructure will require higher up-front investment compared to conventional methods. Insurers can provide economic incentives that reward farmer buy-in and safety nets for pilot technologies

Goal:

Energy and throughput needs of seaweed farms are reduced by up to 30–40% by 2035 (range conservatively estimated given goals outlined in ARPA-E, 2025)

Key Actions

  • Produce low-carbon drying methods that can efficiently reduce water content by up to 90% and integrate into onsite farm operations
  • Co-locate renewable energy sources with seaweed farms
    • Co-locate offshore seaweed farms with marine renewable energy plants to access existing infrastructure and energy sources

Key Actors and Roles

Actor Group Specific Roles Rationale
Federal departments involved in basic R&D funding Provide funding grants specifically catered to engineering and innovation for seaweed cultivation A federal funding program track tailored to this task can ensure a diverse R&D portfolio to study multiple pathways and accelerate the field. Federal funders can also support more early-stage innovation, taking on more science and technology risks
Private/philanthropic funding organizations Provide funding grants specifically catered to engineering and innovation for seaweed cultivation Philanthropic funding can provide critical capital to accelerate R&D for one or more of the key actions that unlocks climate impacts
Private offshore wind farms Explore co-location of seaweed farms on offshore wind farms Private companies are the primary operators of offshore wind farms, making them critical in signing off on co-sited offshore seaweed farm projects and associated activities (i.e., using energy for farm operations)
Seaweed processing companies Partner with academic researchers to test R&D innovations for low-carbon drying methods Seaweed processing companies have the infrastructure, expertise, and incentive to explore R&D innovations that lower their operational costs, gain competitive advantage through new innovations and increase demand for their services. Therefore, they should lead R&D project planning

Goal:

Biomass production increases by 12% per year until 2050 (based on estimated from DeAngelo et al., 2023)

Key Actions

  • Support genetic programs for the top 10 species cultivated. Strains developed should be fast-growing, are heat-tolerant and disease-resistant, and limit negative impacts of crop-to-wild interactions
  • Develop seed banks that can provide affordable seedstock to multiple farms without associated high labor costs of farm-specific nursery/hatchery operations (e.g., Woods Hole Oceanographic Institution MARINER Saccharina latissima breeding project)
  • Develop automated infrastructure that increases labor capacity (e.g., rate of seeding cultivation lines, evaluating seaweed health) by 40% to decrease production costs while maintaining or improving yield
  • Develop low-cost automated sensors to monitor seaweed and water quality and biofouling

Key Actors and Roles

Actor Group Specific Roles Rationale
Federal departments involved in agriculture and basic R&D funding Own the seed banks as a federal resource, providing most of the capital for infrastructure and capacity Provide capital for species strain R&D to identify which strains can be scaled for cultivation and for which industries Seed banks are routinely owned and operated by federal governments (e.g., The United States' 20 federal seed banks that preserve millions of crop varieties). Federal governments can also provide funding for basic R&D that is essential for equitably exploring strain diversity, identifying those most promising for the industries scoped in this road map, and making them accessible to farmers and product producers
Regulatory bodies involved in aquaculture and biosafety Develop regulations for approved seaweed strain use based on biosafety protocols There are different regulations for farming selectively bred/genetically engineered crops, mandating regulators' involvement in deciding which seaweed strains are approved for use in aquaculture and how they must be managed to meet biosafety requirements
Environmental non-government organizations Participate in public channels to inform responsible strain development and ecological safeguards tailored to community and regional concerns Environmental non-government organizations can leverage critical capacity to track and evaluate R&D. They can leverage feedback and engagement from local/regional communities and subject matter experts for supporting equitable and responsible R&D program development
Indigenous and local communities Partner with federal governments to develop seed banks, identifying synergies and non-starters with existing industries and ocean uses, and co-developing best practices for building/distributing seedstock Indigenous and local communities carry traditional ecological knowledge critical to identifying local/regional seaweed diversity that can help develop seed banks and conserve wild populations. Furthermore, they can inform best practices for ensuring equitable and responsible use of the seedbanks that cater to regional needs
Academic researchers involved in seaweed cultivation Lead on R&D for selectively bred or genetically engineered strains to identify those most promising for scaled production Academic researchers will have the capacity to safely test different strains in lab and mesocosm studies and transparently share the results of their efforts
Insurers De-risk low-carbon operations adoption through insurance programs that reward greener cultivation techniques Installing low-energy farm infrastructure will require higher up-front investment compared to conventional methods. Insurers can provide economic incentives that reward farmer buy-in and safety nets for pilot technologies

Goal:

Energy needs of seaweed farms are reduced by up to 30–40% by 2035 (range conservatively estimated given goals outlined in ARPA-E, 2025)

Key Actions

  • Produce low-carbon drying methods that can reduce water content by up to 90% and integrate into onsite farm operations
  • Co-locate renewable energy sources with seaweed farms
    • Co-locate offshore seaweed farms with marine renewable energy plants to access existing infrastructure and energy sources

Key Actors and Roles

Actor Group Specific Roles Rationale
Federal departments involved in basic R&D funding Provide funding grants specifically catered to engineering and innovation for seaweed cultivation A federal funding program track tailored to this task can ensure a diverse R&D portfolio to study multiple pathways and accelerate the field. Federal funders can also support more early-stage innovation, taking on more science and technology risks
Private/philanthropic funding organizations Provide funding grants specifically catered to engineering and innovation for seaweed cultivation Philanthropic funding can provide critical capital to accelerate R&D for one or more of the key actions that unlocks climate impacts
Private offshore wind farms Explore co-location of seaweed farms on offshore wind farms Private companies are the primary operators of offshore wind farms, making them critical in signing off on co-sited offshore seaweed farm projects and associated activities (i.e., using energy for farm operations)
Seaweed processing companies Partner with academic researchers to test R&D innovations for low-carbon drying methods Seaweed processing companies have the infrastructure, expertise, and incentive to explore R&D innovations that lower their operational costs, gain competitive advantage through new innovations and increase demand for their services. Therefore, they should lead R&D project planning
Goal: Biomass production increases by 12% per year until 2050 (based on estimated from DeAngelo et al., 2023) Key Actions
  • Support genetic programs for the top 10 species cultivated. Strains developed should be fast-growing, are heat-tolerant and disease-resistant, and limit negative impacts of crop-to-wild interactions
  • Develop seed banks that can provide affordable seedstock to multiple farms without associated high labor costs of farm-specific nursery/hatchery operations (e.g., Woods Hole Oceanographic Institution MARINER Saccharina latissima breeding project)
  • Develop automated infrastructure that increases labor capacity (e.g., rate of seeding cultivation lines, evaluating seaweed health) by 40% to decrease production costs while maintaining or improving yield
  • Develop low-cost automated sensors to monitor seaweed and water quality and biofouling
Key Actors and Roles
Actor Group Specific Roles Rationale
Federal departments involved in agriculture and basic R&D funding Own the seed banks as a federal resource, providing most of the capital for infrastructure and capacity Provide capital for species strain R&D to identify which strains can be scaled for cultivation and for which industries Seed banks are routinely owned and operated by federal governments (e.g., The United States' 20 federal seed banks that preserve millions of crop varieties). Federal governments can also provide funding for basic R&D that is essential for equitably exploring strain diversity, identifying those most promising for the industries scoped in this road map, and making them accessible to farmers and product producers
Regulatory bodies involved in aquaculture and biosafety Develop regulations for approved seaweed strain use based on biosafety protocols There are different regulations for farming selectively bred/genetically engineered crops, mandating regulators' involvement in deciding which seaweed strains are approved for use in aquaculture and how they must be managed to meet biosafety requirements
Environmental non-government organizations Participate in public channels to inform responsible strain development and ecological safeguards tailored to community and regional concerns Environmental non-government organizations can leverage critical capacity to track and evaluate R&D. They can leverage feedback and engagement from local/regional communities and subject matter experts for supporting equitable and responsible R&D program development
Indigenous and local communities Partner with federal governments to develop seed banks, identifying synergies and non-starters with existing industries and ocean uses, and co-developing best practices for building/distributing seedstock Indigenous and local communities carry traditional ecological knowledge critical to identifying local/regional seaweed diversity that can help develop seed banks and conserve wild populations. Furthermore, they can inform best practices for ensuring equitable and responsible use of the seedbanks that cater to regional needs
Academic researchers involved in seaweed cultivation Lead on R&D for selectively bred or genetically engineered strains to identify those most promising for scaled production Academic researchers will have the capacity to safely test different strains in lab and mesocosm studies and transparently share the results of their efforts
Insurers De-risk low-carbon operations adoption through insurance programs that reward greener cultivation techniques Installing low-energy farm infrastructure will require higher up-front investment compared to conventional methods. Insurers can provide economic incentives that reward farmer buy-in and safety nets for pilot technologies
  Goal: Energy needs of seaweed farms are reduced by up to 30–40% by 2035 (range conservatively estimated given goals outlined in ARPA-E, 2025) Key Actions
  • Produce low-carbon drying methods that can reduce water content by up to 90% and integrate into onsite farm operations
  • Co-locate renewable energy sources with seaweed farms
    • Co-locate offshore seaweed farms with marine renewable energy plants to access existing infrastructure and energy sources
Key Actors and Roles  
Actor Group Specific Roles Rationale
Federal departments involved in basic R&D funding Provide funding grants specifically catered to engineering and innovation for seaweed cultivation A federal funding program track tailored to this task can ensure a diverse R&D portfolio to study multiple pathways and accelerate the field. Federal funders can also support more early-stage innovation, taking on more science and technology risks
Private/philanthropic funding organizations Provide funding grants specifically catered to engineering and innovation for seaweed cultivation Philanthropic funding can provide critical capital to accelerate R&D for one or more of the key actions that unlocks climate impacts
Private offshore wind farms Explore co-location of seaweed farms on offshore wind farms Private companies are the primary operators of offshore wind farms, making them critical in signing off on co-sited offshore seaweed farm projects and associated activities (i.e., using energy for farm operations)
Seaweed processing companies Partner with academic researchers to test R&D innovations for low-carbon drying methods Seaweed processing companies have the infrastructure, expertise, and incentive to explore R&D innovations that lower their operational costs, gain competitive advantage through new innovations and increase demand for their services. Therefore, they should lead R&D project planning
Goal: Biomass production increases by 12% per year until 2050 (based on estimated from DeAngelo et al., 2023) Key Actions
  • Support genetic programs for the top 10 species cultivated. Strains developed should be fast-growing, are heat-tolerant and disease-resistant, and limit negative impacts of crop-to-wild interactions
  • Develop seed banks that can provide affordable seedstock to multiple farms without associated high labor costs of farm-specific nursery/hatchery operations (e.g., Woods Hole Oceanographic Institution MARINER Saccharina latissima breeding project)
  • Develop automated infrastructure that increases labor capacity (e.g., rate of seeding cultivation lines, evaluating seaweed health) by 40% to decrease production costs while maintaining or improving yield
  • Develop low-cost automated sensors to monitor seaweed and water quality and biofouling
Key Actors and Roles Goal: Energy needs of seaweed farms are reduced by up to 30–40% by 2035 (range conservatively estimated given goals outlined in ARPA-E, 2025) Key Actions
  • Produce low-carbon drying methods that can reduce water content by up to 90% and integrate into onsite farm operations
  • Co-locate renewable energy sources with seaweed farms
    • Co-locate offshore seaweed farms with marine renewable energy plants to access existing infrastructure and energy sources
Key Actors and Roles
Goal: Biomass production increases by 12% per year until 2050 (based on estimated from DeAngelo et al., 2023) Key Actions
  • Support genetic programs for the top 10 species cultivated. Strains developed should be fast-growing, are heat-tolerant and disease-resistant, and limit negative impacts of crop-to-wild interactions
  • Develop seed banks that can provide affordable seedstock to multiple farms without associated high labor costs of farm-specific nursery/hatchery operations (e.g., Woods Hole Oceanographic Institution MARINER Saccharina latissima breeding project)
  • Develop automated infrastructure that increases labor capacity (e.g., rate of seeding cultivation lines, evaluating seaweed health) by 40% to decrease production costs while maintaining or improving yield
  • Develop low-cost automated sensors to monitor seaweed and water quality and biofouling
Key Actors and Roles

Projects from Ocean CDR Community

Prioritize seaweed cultivation as a global industry

Goal:

Nations/regions have aquaculture policies to streamline seaweed farm permitting and to incentivize seaweed production for low-carbon products.

Key Actions

  • Implement seaweed-specific legislation and regulations to encourage market growth and streamline permitting and licensing requirements
  • Set a carbon price to incentivize seaweed production, especially through low-carbon cultivation practices for emerging seaweed-based product markets
  • Create spatial planning to identify areas suitable for farming, identifying biophysical limits and synergies with existing industries (e.g., finfish/shellfish aquaculture) while limiting spatial conflicts with other ocean uses
  • Encourage corporate buyers to pay extra for low-carbon seaweed via certification programs to meet net-zero or ESG targets

Key Actors and Roles

Actor Specific Roles Rationale
Government regulatory bodies in charge of permitting and licensing land/ocean areas Develop seaweed-specific marine spatial planning, permitting and licensing guidelines that simplify the process for seaweed farmers, enable IMTA, and/or reward low-carbon cultivation practices Regulatory bodies are the operating authority for permits/licenses and can speed up the time for farmers to get a permit with tailored guidance to the needs and opportunities of seaweed cultivation. Therefore, they should lead in establishing where responsible seaweed cultivation can and should occur.
Government legislative bodies/branches Develop seaweed-specific legislation that opens top-down financing pathways for promoting low-carbon seaweed cultivation Federal legislation can provide powerful signals for market buy-in and resilience, galvanizing top-down funding sources and bottom-up demand
Government regulatory bodies in charge of carbon pricing Develop carbon prices in areas where low-carbon seaweed-based products are clearly competitive in terms of performance Federal or regional carbon prices can provide direct financial incentives for credible and sustainable farming practices, with the co-benefit of stimulating R&D for credible quantification methods
Communities that depend on the ocean for their livelihoods (e.g., fishers) Partner with government regulators to identify suitable areas for seaweed cultivation, identifying synergies and non-starters with existing industries and ocean uses Ocean-use communities have the expert, cultural, and/or institutional knowledge to identify non-starters for seaweed cultivation siting in addition to co-use opportunities that can exploit some of its co-benefits.

Goal:

Nations/regions have aquaculture policies to streamline seaweed farm permitting and to incentivize seaweed production for low-carbon products.

Key Actions

  • Implement seaweed-specific legislation and regulations to encourage market growth and streamline permitting and licensing requirements
  • Set a carbon price to incentivize seaweed production, especially through low-carbon cultivation practices for emerging seaweed-based product markets
  • Create spatial planning to identify areas suitable for farming, identifying biophysical limits and synergies with existing industries (e.g., finfish/shellfish aquaculture) while limiting spatial conflicts with other ocean uses
  • Encourage corporate buyers to pay extra for low-carbon seaweed via certification programs to meet net-zero or ESG targets

Key Actors and Roles

Actor Specific Roles Rationale
Government regulatory bodies in charge of permitting and licensing land/ocean areas Develop seaweed-specific marine spatial planning, permitting and licensing guidelines that simplify the process for seaweed farmers, enable IMTA, and/or reward low-carbon cultivation practices Regulatory bodies are the operating authority for permits/licenses and can speed up the time for farmers to get a permit with tailored guidance to the needs and opportunities of seaweed cultivation. Therefore, they should lead in establishing where responsible seaweed cultivation can and should occur.
Government legislative bodies/branches Develop seaweed-specific legislation that opens top-down financing pathways for promoting low-carbon seaweed cultivation Federal legislation can provide powerful signals for market buy-in and resilience, galvanizing top-down funding sources and bottom-up demand
Government regulatory bodies in charge of carbon pricing Develop carbon prices in areas where low-carbon seaweed-based products are clearly competitive in terms of performance Federal or regional carbon prices can provide direct financial incentives for credible and sustainable farming practices, with the co-benefit of stimulating R&D for credible quantification methods
Communities that depend on the ocean for their livelihoods (e.g., fishers) Partner with government regulators to identify suitable areas for seaweed cultivation, identifying synergies and non-starters with existing industries and ocean uses Ocean-use communities have the expert, cultural, and/or institutional knowledge to identify non-starters for seaweed cultivation siting in addition to co-use opportunities that can exploit some of its co-benefits.

Goal:

Nations/regions have aquaculture policies to streamline seaweed farm permitting and to incentivize seaweed production for low-carbon products

Key Actions

  • Implement seaweed-specific legislation and regulations to encourage market growth and streamline permitting and licensing requirements
  • Set a carbon price to incentivize seaweed production, especially through low-carbon cultivation practices
  • Create spatial planning to identify areas suitable for farming, identifying biophysical limits and synergies with existing industries (e.g., finfish/shellfish aquaculture) while limiting spatial conflicts with other ocean uses
  • Encourage corporate buyers to pay extra for low-carbon seaweed via certification programs to meet net-zero or ESG targets

Key Actors and Roles

Actor Specific Roles Rationale
Government regulatory bodies in charge of permitting and licensing land/ocean areas Develop seaweed-specific marine spatial planning, permitting and licensing guidelines that simplify the process for seaweed farmers, enable IMTA, and/or reward low-carbon cultivation practices Regulatory bodies are the operating authority for permits/licenses and can speed up the time for farmers to get a permit with tailored guidance to the needs and opportunities of seaweed cultivation. Therefore, they should lead in establishing where responsible seaweed cultivation can and should occur.
Government legislative bodies/branches Develop seaweed-specific legislation that opens top-down financing pathways for promoting low-carbon seaweed cultivation Federal legislation can provide powerful signals for market buy-in and resilience, galvanizing top-down funding sources and bottom-up demand
Government regulatory bodies in charge of carbon pricing Develop carbon prices in areas where low-carbon seaweed-based products are clearly competitive in terms of performance Federal or regional carbon prices can provide direct financial incentives for credible and sustainable farming practices, with the co-benefit of stimulating R&D for credible quantification methods
Communities that depend on the ocean for their livelihoods (e.g., fishers) Partner with government regulators to identify suitable areas for seaweed cultivation, identifying synergies and non-starters with existing industries and ocean uses Ocean-use communities have the expert, cultural, and/or institutional knowledge to identify non-starters for seaweed cultivation siting in addition to co-use opportunities that can exploit some of its co-benefits.
Goal: Nations/regions have aquaculture policies to streamline seaweed farm permitting and to incentivize seaweed production for low-carbon products Key Actions
  • Implement seaweed-specific legislation and regulations to encourage market growth and streamline permitting and licensing requirements
  • Set a carbon price to incentivize seaweed production, especially through low-carbon cultivation practices
  • Create spatial planning to identify areas suitable for farming, identifying biophysical limits and synergies with existing industries (e.g., finfish/shellfish aquaculture) while limiting spatial conflicts with other ocean uses
  • Encourage corporate buyers to pay extra for low-carbon seaweed via certification programs to meet net-zero or ESG targets
Key Actors and Roles  
Actor Group Specific Roles Rationale
Government regulatory bodies in charge of permitting and licensing land/ocean areas Develop seaweed-specific marine spatial planning, permitting and licensing guidelines that simplify the process for seaweed farmers, enable IMTA, and/or reward low-carbon cultivation practices Regulatory bodies are the operating authority for permits/licenses and can speed up the time for farmers to get a permit with tailored guidance to the needs and opportunities of seaweed cultivation. Therefore, they should lead in establishing where responsible seaweed cultivation can and should occur.
Government legislative bodies/branches Develop seaweed-specific legislation that opens top-down financing pathways for promoting low-carbon seaweed cultivation Federal legislation can provide powerful signals for market buy-in and resilience, galvanizing top-down funding sources and bottom-up demand
Government regulatory bodies in charge of carbon pricing Develop carbon prices in areas where low-carbon seaweed-based products are clearly competitive in terms of performance Federal or regional carbon prices can provide direct financial incentives for credible and sustainable farming practices, with the co-benefit of stimulating R&D for credible quantification methods
Communities that depend on the ocean for their livelihoods (e.g., fishers) Partner with government regulators to identify suitable areas for seaweed cultivation, identifying synergies and non-starters with existing industries and ocean uses Ocean-use communities have the expert, cultural, and/or institutional knowledge to identify non-starters for seaweed cultivation siting in addition to co-use opportunities that can exploit some of its co-benefits.
Goal: Nations/regions have aquaculture policies to streamline seaweed farm permitting and to incentivize seaweed production for low-carbon products Key Actions
  • Implement seaweed-specific legislation and regulations to encourage market growth and streamline permitting and licensing requirements
  • Set a carbon price to incentivize seaweed production, especially through low-carbon cultivation practices
  • Create spatial planning to identify areas suitable for farming, identifying biophysical limits and synergies with existing industries (e.g., finfish/shellfish aquaculture) while limiting spatial conflicts with other ocean uses
  • Encourage corporate buyers to pay extra for low-carbon seaweed via certification programs to meet net-zero or ESG targets
Key Actors and Roles  
Goal: Nations/regions have aquaculture policies to streamline seaweed farm permitting and to incentivize seaweed production for low-carbon products Key Actions
  • Implement seaweed-specific legislation and regulations to encourage market growth and streamline permitting and licensing requirements
  • Set a carbon price to incentivize seaweed production, especially through low-carbon cultivation practices
  • Create spatial planning to identify areas suitable for farming, identifying biophysical limits and synergies with existing industries (e.g., finfish/shellfish aquaculture) while limiting spatial conflicts with other ocean uses
  • Encourage corporate buyers to pay extra for low-carbon seaweed via certification programs to meet net-zero or ESG targets
Key Actors and Roles
Goal: Nations/regions have aquaculture policies to streamline seaweed farm permitting and to incentivize seaweed production for low-carbon products Key Actions
  • Implement seaweed-specific legislation and regulations to encourage market growth and streamline permitting and licensing requirements
  • Set a carbon price to incentivize seaweed production, especially through low-carbon cultivation practices
  • Create spatial planning to identify areas suitable for farming, identifying biophysical limits and synergies with existing industries (e.g., finfish/shellfish aquaculture) while limiting spatial conflicts with other ocean uses
  • Encourage corporate buyers to pay extra for low-carbon seaweed via certification programs to meet net-zero or ESG targets
Key Actors and Roles

Projects from Ocean CDR Community

Demonstrate value of seaweed cultivation

Goal:

Stakeholders in potential production regions have access to economic and environmental data to support decision making

Key Actions

  • Expand LCA studies beyond the Global North to paint a more realistic picture of seaweed farms’ financial and environmental cost, and identify opportunities for value addition within the context of emerging and mature markets
  • Produce cost-benefit analyses of seaweed farms to quantify the benefits and risks that seaweed cultivation has at scale, particularly for offshore seaweed farms that can accelerate seaweed production
  • Establish standardized carbon accounting and verification best practices to quantify seaweed farms’ carbon sequestration potential for more informed LCA and cost-benefit analyses

Key Actors and Roles

Actor Specific Roles Rationale
Academic research institutions Conduct independent lifecycle analyses and cost-benefit analyses to quantify the economic and environmental footprint of seaweed farms, with estimates for what this means at scale. The research should be down in collaboration with seaweed farm practitioners, managers, and workers

Develop standardized methodologies for measuring and reporting carbon transport throughout the cultivation process

Academic researchers can act as a third-party in assessing end-to-end cost and benefits of seaweed cultivation. This can inform top-down decision-makers in supporting seaweed cultivation. They can also conduct R&D that builds understanding of seaweed farms’ carbon pathways, enabling more confident assessment of their carbon footprint
Environmental non-government organizations Conduct independent lifecycle analyses and cost-benefit analyses to quantify the economic and environmental footprint of seaweed farms, with estimates for what this means at scale. The research should be down in collaboration with seaweed farm practitioners, managers, and workers Environmental non-government organizations can act as a third-party in assessing end-to-end cost and benefits of seaweed cultivation. This can inform top-down decision-makers in supporting seaweed cultivation
Federal departments involved in basic R&D funding Provide capital for R&D into carbon accounting at seaweed farms There is limited knowledge on the level of passive carbon sequestration that occurs on seaweed farms, as well as standardized methods for measuring and reporting said sequestration. Federal funders can fill this knowledge gap with a diverse funding portfolio and consistent funding channels
Private/philanthropic funding organizations Provide capital for R&D into carbon accounting at seaweed farms There is limited knowledge on the level of passive carbon sequestration that occurs on seaweed farms, as well as standardized methods for measuring and reporting said sequestration. Private funders can fill this knowledge with targeted funding pathways that enable accelerated R&D for standardized, measured, and verified carbon accounting

Goal:

Seaweed farmers have diverse avenues for financing that can manage cashflow mismatch and help them scale and/or build resilience

Key Actions

  • Explore and develop diverse funding mechanisms like debt financing, revolving loans, tax incentives, blended finance, and brokerages to enable more market entrants and de-risk farming investment

Key Actors and Roles

Actor Specific Roles Rationale
Academic research institutions Lead economic research projects and programs that design, test, and implement financing strategies for building seaweed cultivation in emerging markets and strengthening it in existing markets Academic research institutions can provide the technical capacity for leading economic sciences projects, identifying key constraints and opportunities tailored to the needs of different regions
Private/philanthropic funding organizations, community banks, non-governmental organizations with venture capital funds Explore different financing mechanisms to build avenues for new entrants in the market and manage cashflow mismatch Funding actors can provide the capital for testing different financing mechanisms diversified for emerging seaweed farms and/or existing farms that are testing low-carbon operational practices
Federal departments involved in basic R&D funding Explore different financing mechanisms to build avenues for new entrants in the market and manage cashflow mismatch Federal funders can provide the capital for supporting research on different financing mechanisms diversified for emerging seaweed farms and/or existing farms that are testing low-carbon operational practices

Goal:

Seaweed farmers have access to crop insurance products that accurately reflect their risk exposure

Key actions

  • Develop seaweed crop insurance mechanisms that offer the same safeguards as found in terrestrial agriculture but are catered to the unique risks found in aquaculture (e.g., extreme climate events, disease and pathogens)
  • Conduct risk and vulnerability assessments of seaweed farms to ensure that insurance premiums and payouts accurately reflect localized environmental realities

Key Actors and Roles

Actor Specific Roles Rationale
Academic research institutions Lead economic research projects and programs that design, test, and implement financing strategies for building seaweed cultivation in emerging markets and strengthening it in existing markets Academic research institutions can provide the technical capacity for leading economic sciences projects, identifying key constraints and opportunities tailored to the needs of different regions
Private/philanthropic funding organizations, community banks, non-governmental organizations with venture capital funds Explore different financing mechanisms to build avenues for new entrants in the market and manage cashflow mismatch Funding actors can provide the capital for testing different financing mechanisms diversified for emerging seaweed farms and/or existing farms that are testing low-carbon operational practices
Federal departments involved in basic R&D funding Explore different financing mechanisms to build avenues for new entrants in the market and manage cashflow mismatch Federal funders can provide the capital for supporting research on different financing mechanisms diversified for emerging seaweed farms and/or existing farms that are testing low-carbon operational practices

 

Goal:

Stakeholders in potential production regions have access to economic and environmental data to support decision making

Key Actions

  • Expand LCA studies beyond the Global North to paint a more realistic picture of seaweed farms’ financial and environmental cost, and identify opportunities for value addition within the context of emerging and mature markets
  • Produce cost-benefit analyses of seaweed farms to quantify the benefits and risks that seaweed cultivation has at scale, particularly for offshore seaweed farms that can accelerate seaweed production
  • Establish standardized carbon accounting and verification best practices to quantify seaweed farms’ carbon sequestration potential for more informed LCA and cost-benefit analyses

Key Actors and Roles

Actor Specific Roles Rationale
Academic research institutions Conduct independent lifecycle analyses and cost-benefit analyses to quantify the economic and environmental footprint of seaweed farms, with estimates for what this means at scale. The research should be down in collaboration with seaweed farm practitioners, managers, and workers Develop standardized methodologies for measuring and reporting carbon transport throughout the cultivation process Academic researchers can act as a third-party in assessing end-to-end cost and benefits of seaweed cultivation. This can inform top-down decision-makers in supporting seaweed cultivation. They can also conduct R&D that builds understanding of seaweed farms' carbon pathways, enabling more confident assessment of their carbon footprint
Environmental non-government organizations Conduct independent lifecycle analyses and cost-benefit analyses to quantify the economic and environmental footprint of seaweed farms, with estimates for what this means at scale. The research should be down in collaboration with seaweed farm practitioners, managers, and workers Environmental non-government organizations can act as a third-party in assessing end-to-end cost and benefits of seaweed cultivation. This can inform top-down decision-makers in supporting seaweed cultivation
Federal departments involved in basic R&D funding Provide capital for R&D into carbon accounting at seaweed farms There is limited knowledge on the level of passive carbon sequestration that occurs on seaweed farms, as well as standardized methods for measuring and reporting said sequestration. Federal funders can fill this knowledge gap with a diverse funding portfolio and consistent funding channels
Private/philanthropic funding organizations Provide capital for R&D into carbon accounting at seaweed farms There is limited knowledge on the level of passive carbon sequestration that occurs on seaweed farms, as well as standardized methods for measuring and reporting said sequestration. Private funders can fill this knowledge with targeted funding pathways that enable accelerated R&D for standardized, measured, and verified carbon accounting

Goal:

Seaweed farmers have diverse avenues for financing that can manage cashflow mismatch and help them scale and/or build resilience

Key Actions

  • Explore and develop diverse funding mechanisms like debt financing, revolving loans, tax incentives, blended finance, and brokerages to enable more market entrants and de-risk farming investment

Key Actors and Roles

Actor Specific Roles Rationale
Academic research institutions Lead economic research projects and programs that design, test, and implement financing strategies for building seaweed cultivation in emerging markets and strengthening it in existing markets Academic research institutions can provide the technical capacity for leading economic sciences projects, identifying key constraints and opportunities tailored to the needs of different regions
Private/philanthropic funding organizations, community banks, non-governmental organizations with venture capital funds Explore different financing mechanisms to build avenues for new entrants in the market and manage cashflow mismatch Funding actors can provide the capital for testing different financing mechanisms diversified for emerging seaweed farms and/or existing farms that are testing low-carbon operational practices
Federal departments involved in basic R&D funding Explore different financing mechanisms to build avenues for new entrants in the market and manage cashflow mismatch Federal funders can provide the capital for supporting research on different financing mechanisms diversified for emerging seaweed farms and/or existing farms that are testing low-carbon operational practices

Goal:

Seaweed farmers have access to crop insurance products that accurately reflect their risk exposure

Key actions

  • Develop seaweed crop insurance mechanisms that offer the same safeguards as found in terrestrial agriculture but are catered to the unique risks found in aquaculture (e.g., extreme climate events, disease and pathogens)
  • Conduct risk and vulnerability assessments of seaweed farms to ensure that insurance premiums and payouts accurately reflect localized environmental realities

Key Actors and Roles

Actor Specific Roles Rationale
Academic research institutions Lead economic research projects and programs that design, test, and implement financing strategies for building seaweed cultivation in emerging markets and strengthening it in existing markets Academic research institutions can provide the technical capacity for leading economic sciences projects, identifying key constraints and opportunities tailored to the needs of different regions
Private/philanthropic funding organizations, community banks, non-governmental organizations with venture capital funds Explore different financing mechanisms to build avenues for new entrants in the market and manage cashflow mismatch Funding actors can provide the capital for testing different financing mechanisms diversified for emerging seaweed farms and/or existing farms that are testing low-carbon operational practices
Federal departments involved in basic R&D funding Explore different financing mechanisms to build avenues for new entrants in the market and manage cashflow mismatch Federal funders can provide the capital for supporting research on different financing mechanisms diversified for emerging seaweed farms and/or existing farms that are testing low-carbon operational practices
 

Goal:

Stakeholders in potential production regions have access to economic and environmental data to support decision making

Key Actions

  • Expand LCA studies beyond the Global North to paint a more realistic picture of seaweed farms’ financial and environmental cost, and identify opportunities for value addition within the context of emerging and mature markets
  • Produce cost-benefit analyses of seaweed farms to quantify the benefits and risks that seaweed cultivation has at scale, particularly for offshore seaweed farms that can accelerate seaweed production
  • Establish standardized carbon accounting and verification best practices to quantify seaweed farms’ carbon sequestration potential for more informed LCA and cost-benefit analyses

Key Actors and Roles

Actor Specific Roles Rationale
Academic research institutions Conduct independent lifecycle analyses and cost-benefit analyses to quantify the economic and environmental footprint of seaweed farms, with estimates for what this means at scale Develop standardized methodologies for measuring and reporting carbon transport throughout the cultivation process Academic researchers can act as a third-party in assessing end-to-end cost and benefits of seaweed cultivation. This can inform top-down decision-makers in supporting seaweed cultivation. They can also conduct R&D that builds understanding of seaweed farms' carbon pathways, enabling more confident assessment of their carbon footprint
Environmental non-government organizations Conduct independent lifecycle analyses and cost-benefit analyses to quantify the economic and environmental footprint of seaweed farms, with estimates for what this means at scale Environmental non-government organizations can act as a third-party in assessing end-to-end cost and benefits of seaweed cultivation. This can inform top-down decision-makers in supporting seaweed cultivation
Federal departments involved in basic R&D funding Provide capital for R&D into carbon accounting at seaweed farms There is limited knowledge on the level of passive carbon sequestration that occurs on seaweed farms, as well as standardized methods for measuring and reporting said sequestration. Federal funders can fill this knowledge gap with a diverse funding portfolio and consistent funding channels
Private/philanthropic funding organizations Provide capital for R&D into carbon accounting at seaweed farms There is limited knowledge on the level of passive carbon sequestration that occurs on seaweed farms, as well as standardized methods for measuring and reporting said sequestration. Private funders can fill this knowledge with targeted funding pathways that enable accelerated R&D for standardized, measured, and verified carbon accounting

Goal:

Seaweed farmers have diverse avenues for financing that can manage cashflow mismatch and help them scale and/or build resilience

Key Actions

  • Explore and develop diverse funding mechanisms like debt financing, revolving loans, tax incentives, blended finance, and brokerages to enable more market entrants and de-risk farming investment

Key Actors and Roles

Actor Specific Roles Rationale
Academic research institutions Lead economic research projects and programs that design, test, and implement financing strategies for building seaweed cultivation in emerging markets and strengthening it in existing markets Academic research institutions can provide the technical capacity for leading economic sciences projects, identifying key constraints and opportunities tailored to the needs of different regions
Private/philanthropic funding organizations, community banks, non-governmental organizations with venture capital funds Explore different financing mechanisms to build avenues for new entrants in the market and manage cashflow mismatch Funding actors can provide the capital for testing different financing mechanisms diversified for emerging seaweed farms and/or existing farms that are testing low-carbon operational practices
Federal departments involved in basic R&D funding Explore different financing mechanisms to build avenues for new entrants in the market and manage cashflow mismatch Federal funders can provide the capital for supporting research on different financing mechanisms diversified for emerging seaweed farms and/or existing farms that are testing low-carbon operational practices

Goal:

Seaweed farmers have access to crop insurance products that accurately reflect their risk exposure

Key actions

  • Develop seaweed crop insurance mechanisms that offer the same safeguards as found in terrestrial agriculture but are catered to the unique risks found in aquaculture (e.g., extreme climate events, disease and pathogens)
  • Conduct risk and vulnerability assessments of seaweed farms to ensure that insurance premiums and payouts accurately reflect localized environmental realities

Key Actors and Roles

Actor Specific Roles Rationale
Academic research institutions Lead economic research projects and programs that design, test, and implement financing strategies for building seaweed cultivation in emerging markets and strengthening it in existing markets Academic research institutions can provide the technical capacity for leading economic sciences projects, identifying key constraints and opportunities tailored to the needs of different regions
Private/philanthropic funding organizations, community banks, non-governmental organizations with venture capital funds Explore different financing mechanisms to build avenues for new entrants in the market and manage cashflow mismatch Funding actors can provide the capital for testing different financing mechanisms diversified for emerging seaweed farms and/or existing farms that are testing low-carbon operational practices
Federal departments involved in basic R&D funding Explore different financing mechanisms to build avenues for new entrants in the market and manage cashflow mismatch Federal funders can provide the capital for supporting research on different financing mechanisms diversified for emerging seaweed farms and/or existing farms that are testing low-carbon operational practices
 
Goal: Stakeholders in potential production regions have access to economic and environmental data to support decision making Key Actions
  • Expand LCA studies beyond the Global North to paint a more realistic picture of seaweed farms’ financial and environmental cost, and identify opportunities for value addition within the context of emerging and mature markets
  • Produce cost-benefit analyses of seaweed farms to quantify the benefits and risks that seaweed cultivation has at scale, particularly for offshore seaweed farms that can accelerate seaweed production
  • Establish standardized carbon accounting and verification best practices to quantify seaweed farms’ carbon sequestration potential for more informed LCA and cost-benefit analyses
Key Actors and Roles
Actor Group Specific Roles Rationale
Academic research institutions Conduct independent lifecycle analyses and cost-benefit analyses to quantify the economic and environmental footprint of seaweed farms, with estimates for what this means at scale Develop standardized methodologies for measuring and reporting carbon transport throughout the cultivation process Academic researchers can act as a third-party in assessing end-to-end cost and benefits of seaweed cultivation. This can inform top-down decision-makers in supporting seaweed cultivation. They can also conduct R&D that builds understanding of seaweed farms' carbon pathways, enabling more confident assessment of their carbon footprint
Environmental non-government organizations Conduct independent lifecycle analyses and cost-benefit analyses to quantify the economic and environmental footprint of seaweed farms, with estimates for what this means at scale Environmental non-government organizations can act as a third-party in assessing end-to-end cost and benefits of seaweed cultivation. This can inform top-down decision-makers in supporting seaweed cultivation
Federal departments involved in basic R&D funding Provide capital for R&D into carbon accounting at seaweed farms There is limited knowledge on the level of passive carbon sequestration that occurs on seaweed farms, as well as standardized methods for measuring and reporting said sequestration. Federal funders can fill this knowledge gap with a diverse funding portfolio and consistent funding channels
Private/philanthropic funding organizations Provide capital for R&D into carbon accounting at seaweed farms There is limited knowledge on the level of passive carbon sequestration that occurs on seaweed farms, as well as standardized methods for measuring and reporting said sequestration. Private funders can fill this knowledge with targeted funding pathways that enable accelerated R&D for standardized, measured, and verified carbon accounting
  Goal: Seaweed farmers have diverse avenues for financing that can manage cashflow mismatch and help them scale and/or build resilience Key Actions
  • Explore and develop diverse funding mechanisms like debt financing, revolving loans, tax incentives, blended finance, and brokerages to enable more market entrants and de-risk farming investment
Key Actors and Roles
Actor Group Specific Roles Rationale
Academic research institutions Lead economic research projects and programs that design, test, and implement financing strategies for building seaweed cultivation in emerging markets and strengthening it in existing markets Academic research institutions can provide the technical capacity for leading economic sciences projects, identifying key constraints and opportunities tailored to the needs of different regions
Private/philanthropic funding organizations, community banks, non-governmental organizations with venture capital funds Explore different financing mechanisms to build avenues for new entrants in the market and manage cashflow mismatch Funding actors can provide the capital for testing different financing mechanisms diversified for emerging seaweed farms and/or existing farms that are testing low-carbon operational practices
Federal departments involved in basic R&D funding Explore different financing mechanisms to build avenues for new entrants in the market and manage cashflow mismatch Federal funders can provide the capital for supporting research on different financing mechanisms diversified for emerging seaweed farms and/or existing farms that are testing low-carbon operational practices
  Goal: Seaweed farmers have access to crop insurance products that accurately reflect their risk exposure Key actions
  • Develop seaweed crop insurance mechanisms that offer the same safeguards as found in terrestrial agriculture but are catered to the unique risks found in aquaculture (e.g., extreme climate events, disease and pathogens)
  • Conduct risk and vulnerability assessments of seaweed farms to ensure that insurance premiums and payouts accurately reflect localized environmental realities
Key Actors and Roles
Actor Group Specific Roles Rationale
Academic research institutions Lead economic research projects and programs that design, test, and implement financing strategies for building seaweed cultivation in emerging markets and strengthening it in existing markets Academic research institutions can provide the technical capacity for leading economic sciences projects, identifying key constraints and opportunities tailored to the needs of different regions
Private/philanthropic funding organizations, community banks, non-governmental organizations with venture capital funds Explore different financing mechanisms to build avenues for new entrants in the market and manage cashflow mismatch Funding actors can provide the capital for testing different financing mechanisms diversified for emerging seaweed farms and/or existing farms that are testing low-carbon operational practices
Federal departments involved in basic R&D funding Explore different financing mechanisms to build avenues for new entrants in the market and manage cashflow mismatch Federal funders can provide the capital for supporting research on different financing mechanisms diversified for emerging seaweed farms and/or existing farms that are testing low-carbon operational practices
 
Goal: Stakeholders in potential production regions have access to economic and environmental data to support decision making Key Actions
  • Expand LCA studies beyond the Global North to paint a more realistic picture of seaweed farms’ financial and environmental cost, and identify opportunities for value addition within the context of emerging and mature markets
  • Produce cost-benefit analyses of seaweed farms to quantify the benefits and risks that seaweed cultivation has at scale, particularly for offshore seaweed farms that can accelerate seaweed production
  • Establish standardized carbon accounting and verification best practices to quantify seaweed farms’ carbon sequestration potential for more informed LCA and cost-benefit analyses
Key Actors and Roles Goal: Seaweed farmers have diverse avenues for financing that can manage cashflow mismatch and help them scale and/or build resilience Key Actions
  • Explore and develop diverse funding mechanisms like debt financing, revolving loans, tax incentives, blended finance, and brokerages to enable more market entrants and de-risk farming investment
Key Actors and Roles Goal: Seaweed farmers have access to crop insurance products that accurately reflect their risk exposure Key actions
  • Develop seaweed crop insurance mechanisms that offer the same safeguards as found in terrestrial agriculture but are catered to the unique risks found in aquaculture (e.g., extreme climate events, disease and pathogens)
  • Conduct risk and vulnerability assessments of seaweed farms to ensure that insurance premiums and payouts accurately reflect localized environmental realities
Key Actors and Roles  
Goal: Stakeholders in potential production regions have access to economic and environmental data to support decision making Key Actions
  • Expand LCA studies beyond the Global North to paint a more realistic picture of seaweed farms’ financial and environmental cost, and identify opportunities for value addition within the context of emerging and mature markets
  • Produce cost-benefit analyses of seaweed farms to quantify the benefits and risks that seaweed cultivation has at scale, particularly for offshore seaweed farms that can accelerate seaweed production
  • Establish standardized carbon accounting and verification best practices to quantify seaweed farms’ carbon sequestration potential for more informed LCA and cost-benefit analyses
Key Actors and Roles Goal: Seaweed farmers have diverse avenues for financing that can manage cashflow mismatch and help them scale and/or build resilience Key Actions
  • Explore and develop diverse funding mechanisms like debt financing, revolving loans, tax incentives, blended finance, and brokerages to enable more market entrants and de-risk farming investment
Key Actors and Roles Goal: Seaweed farmers have access to crop insurance products that accurately reflect their risk exposure Key actions
  • Develop seaweed crop insurance mechanisms that offer the same safeguards as found in terrestrial agriculture but are catered to the unique risks found in aquaculture (e.g., extreme climate events, disease and pathogens)
  • Conduct risk and vulnerability assessments of seaweed farms to ensure that insurance premiums and payouts accurately reflect localized environmental realities
Key Actors and Roles
Goal: Stakeholders in otential production regions have access to economic and environmental data to support decision making Key Actions
  • Expand LCA studies beyond the Global North to paint a more realistic picture of seaweed farms’ financial and environmental cost, and identify opportunities for value addition within the context of emerging and mature markets
  • Produce cost-benefit analyses of seaweed farms to quantify the benefits and risks that seaweed cultivation has at scale, particularly for offshore seaweed farms that can accelerate seaweed production
  • Establish standardized carbon accounting and verification best practices to quantify seaweed farms’ carbon sequestration potential for more informed LCA and cost-benefit analyses
Key Actors and Roles Goal: Seaweed farmers have diverse avenues for financing that can manage cashflow mismatch and help them scale and/or build resilience Key Actions
  • Explore and develop diverse funding mechanisms like debt financing, revolving loans, tax incentives, blended finance, and brokerages to enable more market entrants and de-risk farming investment
Key Actors and Roles Goal: Seaweed farmers have access to crop insurance products that accurately reflect their risk exposure Key actions
  • Develop seaweed crop insurance mechanisms that offer the same safeguards as found in terrestrial agriculture but are catered to the unique risks found in aquaculture (e.g., extreme climate events, disease and pathogens)
  • Conduct risk and vulnerability assessments of seaweed farms to ensure that insurance premiums and payouts accurately reflect localized environmental realities
Key Actors and Roles

Projects from Ocean CDR Community

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