Bermuda Carbon Commission Unveiled at Climate Finance Forum

Bermuda has introduced the Bermuda Carbon Commission (BCC) at the Green Overseas Climate Finance Forum. This initiative aims to innovate the global carbon markets by developing blue carbon solutions. Utilizing Bermuda's marine ecosystem and blockchain technology, the BCC will certify carbon credits with high integrity.

The BCC will oversee carbon credit certification through projects like seagrass and mangrove restoration, floating solar, and coral reef protection. The focus is on transparency and accountability, serving as a model for other island nations.

Key figures emphasize the role of technology and partnerships in elevating climate finance standards. The BCC seeks to enhance trust and effectiveness in carbon markets globally, positioning Bermuda as a leader in this field.