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Marine carbon dioxide removal

Purposeful actions taken in the ocean to remove carbon dioxide from the atmosphere, considering all greenhouse gases measured in carbon dioxide equivalents.

Carbon removal credit

A unique, registered, and validated certificate representing one metric tonne of carbon dioxide (or its equivalent) that has been removed from the atmosphere and permanently stored using ocean-based methods. These credits can be bought and sold on a voluntary market.

Voluntary carbon market

A market where companies or individuals can voluntarily buy or sell carbon removal credits to offset their own carbon emissions.

Protocol

A systematic, science-based approach with clear steps for creating projects that remove greenhouse gases or store carbon, and for showing how these removals are measured, monitored, reported, and confirmed.

Standard

A set of broad principles or criteria used to ensure that carbon removal credits and marine carbon dioxide removal activities are credible and trustworthy, by guiding how they are measured, monitored, reported, and verified.

Interagency working group

A team formed with representatives from different government agencies to collaborate and coordinate efforts on a specific issue, in this case, marine carbon dioxide removal.