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HomePosts Tagged "marine"
Acquaculture, Carbon Farming, Live Stock, Nature, World

Fair Carbon aims to lower market growth barriers and bring diverse voices together worldwide to co-create solutions by leveraging their knowledge of the various barriers that prevent projects from maturing and scaling

Fair Carbon has launched the Blue Carbon Academy, aimed at protecting and restoring the world’s coastal and marine ecosystems. It is a nonprofit based in Switzerland.

The Blue Carbon Academy is a resource that aims to make blue carbon knowledge accessible to all and support global communities in accessing blue carbon finance for effective coastal and marine restoration.

According to a press release by Fair Carbon, time is running out to reverse climate change, biodiversity loss, and land degradation. Blue carbon, which refers to carbon captured by the ocean and marine ecosystems like mangrove forests, seagrass meadows, and salt marshes, promises to be a powerful ally in this fight.

Fair Carbon believes that creating a high-integrity blue carbon market can finance the protection and restoration of these critical ecosystems while also providing a means to fairly reward the stewards who manage these lands by selling certified, high-quality blue carbon credits.

Diana Denke, As co-founder and CEO explains, that Fair Carbon aims to lower market growth barriers and bring diverse voices together worldwide to co-create solutions by leveraging their knowledge of the various barriers that prevent projects from maturing and scaling, from technical complexity to policy and regulatory challenges and access to finance.

Fair Carbon aims to lower market growth

AgroPolicy, Trade

India has shipped 13,69,264 MT of seafood worth Rs 57,586.48 crore during FY 2021-22

Despite several challenges in its major export markets caused by the Covid pandemic, India has managed to do an all-time high export. India has shipped 13,69,264 MT of seafood worth Rs 57,586.48 crore ($7.76 billion) during financial year 2021-22, despite heavy odds. During this period, export improved in rupee terms by 31.71 per cent, in USD terms by 30.26 per cent and in quantity terms by 19.12 per cent. In 2020-21, India had exported 11,49,510 MT of seafood worth Rs 43,720.98 crore ($5,956.93 million).

According to K N Raghavan, Chairman, Marine Products Export Development Authority (MPEDA), India managed to do an all-time high export despite several challenges in its major export markets caused by the Covid pandemic.

Frozen shrimp remained the major export item in terms of quantity and value and earned Rs 42,706.04 crore ($5,828.59 million). It accounted for a share of 53.18 per cent in quantity and 75.11 per cent of the total dollar earnings. Shrimp exports during the period increased by 31.68 per cent in USD value and 23.35 per cent in quantity.

The other items being the second largest export, fetched Rs 3,979.99 crore ($540.73 million), accounting for 12.96 per cent in quantity and 6.97 per cent in USD. The export of other items increased by 43.8 per cent in rupee value and 42.94 per cent in dollar value. Other items comprise surimi and surimi analogue products by 56.55 per cent in USD terms.

Frozen fish, the third largest export item, fetched Rs 3471.91 crore ($471.45 million), accounting for 16.55 per cent in quantity and 6.08 per cent in USD. The export of frozen fish increased by 20.44 per cent in quantity and 17.19 per cent in USD.

India has shipped 13,69,264 MT of seafood

Acquaculture, Trade

In December 2021, exports of Marine Products touched $720.51 million, registering a growth of 28.01 per cent over $562.85 million logged in December 2020

Exports of Marine Products registered a growth of 35 per cent to $ 6.1 billion during April-December 2021 (Provisional) as compared to $ 4.5 billion during same period in the year 2020. As compared to April-December 2019 ($ 5.5 Billion) and April-December 2014 ($ 4.4 Billion), exports of marine products registered a growth of 12 per cent and 38 per cent respectively.

In December 2021, exports of marine products touched $ 720.51 Million, registering a growth of 28.01 per cent over $562.85 million logged in December 2020.

The overall exports of Marine Products in the last financial year (March, 2020-April, 2021) was $5.96 Billion, and with $6.11 billion scaled during the first three Quarters of FY2021-22, the sector is very likely to exceed the all-time high of $ 7.02 Billion exports achieved in the FY2017-18, despite the impact of the COVID-19 pandemic since January, 2020.

Top five export destinations in April-November 2021 (latest available, share percentage in bracket) are: the US (44.5 per cent), China (15.3 per cent), Japan (6.2 per cent), Vietnam (4 per cent) and Thailand (3 per cent). Frozen shrimps constitute the major share in India’s Marine Products exports items with 74 per cent share in value terms ($); Frozen Fish (7 per cent), Others (6 per cent) and Frozen Squid (5 per cent) constitute the other major items in the Marine Products exports basket in FY2020-21. Others category included primarily Surimi and Surimi analogue (imitation) products.

In December 2021, exports of Marine Products