At the beginning of last year, the country's first marine fishery carbon sink trade was made in Lianjiang. Fujian Yida Food Co., Ltd., a kelp enterprise, took the lead in obtaining a blue carbon (marine carbon sink) income of 120,000 yuan nationwide, and turned kelp pasture into a "green bank", marking China’s breakthrough from zero in this field.

Last September, Lianjiang released the country's first marine fishery carbon sink system, and launched the country's first county-level marine carbon sink trading service platform - Fuzhou (Lianjiang) Carbon Sink Trading Service Platform. Fujian Hengjie Industrial Co., Ltd. purchased 1,000 tons of marine fishery carbon sinks from Fujian Yida Food Co., Ltd. with 20,000 digital yuan, and then got the "marine carbon sink loan" from the bank with its marine fishery carbon sink usufruct as pledge.

In the future, Lianjiang will speed up the development of blue carbon, turn the carbon into money, strive to create a national pilot county in carbon sink transaction, and explore the establishment of "Lianjiang Standard", a blue carbon system that can be adopted by the country.

Source: People’s Daily