ORIGINAL RESEARCH
Construction and Application of an Evaluation System for Ocean Carbon Sink Trading
,
 
,
 
,
 
E Lin 1
,
 
Qun Zhang 2,3
,
 
 
 
 
More details
Hide details
1
Fujian Institute of Education, Fuzhou 350001, Fujian Province, China
 
2
College of Economics and Management, Ningde Normal University, Ningde 352100, Fujian Province, China
 
3
Research Center for the Road to Rural Revitalization with Characteristics of East Fujian, Ningde 352100, Fujian Province, China
 
 
Submission date: 2024-02-04
 
 
Final revision date: 2024-03-31
 
 
Acceptance date: 2024-04-27
 
 
Online publication date: 2024-11-07
 
 
Publication date: 2025-01-28
 
 
Corresponding author
Qun Zhang   

College of Economics and Management, Ningde Normal University, Ningde 352100, Fujian Province, China
 
 
Junjie Lin   

College of Economics and Management, Ningde Normal University, College Road NO.1 , Dongqiao Economic Development, Ningde, China
 
 
Pol. J. Environ. Stud. 2025;34(3):2879-2890
 
KEYWORDS
TOPICS
ABSTRACT
Oceans are the largest and most active carbon sinks in the ecosystem. The ocean carbon sink trading market is a significant component of the emission-reduction market, playing an important role in achieving carbon peak and carbon neutrality (i.e., “dual-carbon goals”). This study aims to identify the characteristics of ocean carbon sink trading and construct a corresponding evaluation index system. SWOT-AHP fuzzy comprehensive evaluation is used to evaluate the ocean carbon sink trading market in Fujian Province. The results show that, first, the ocean carbon sink trading market is at a generally low level, with indicators showing varying degrees of performance. Opportunity indicators tend to have excellent scores, threat indicators are at a moderate level, and advantage and disadvantage indicators are both at relatively low levels. Second, the main factors related to ocean carbon sink trading development are diverse. Current ocean carbon sink trading has not fully utilized its advantages and opportunities, and it is important to address threats and disadvantages to ocean carbon sink trading market development. This study provides a scientific basis for the development of policies related to ocean carbon sink trading markets.
CONFLICT OF INTEREST
The authors declare that they have no known competing financial interests or personal relationships that could have appeared to influence the work reported in this paper.
REFERENCES (39)
1.
YANG Y., CHEN L., XUE L. Top design and strategy selection of blue carbon market construction in China. China Population, Resources and Environment, 31 (9), 92, 2021.
 
2.
LI Z., YAN X.T., L Y.F., WU A.M. Analysis on building a characteristic blue carbon trading market in the Guangdong-Hong Kong-Macao Greater Bay Area. Practice and Theory of the Special Zone, 5, 56, 2022.
 
3.
XIANG A., CHUAI X.W., LI J.S. Assessment of the status and capacity of blue carbon in China's coastal provinces. Resources Science, 44 (6), 1138, 2022. https://doi.org/10.18402/resci....
 
4.
CAO Y.M., WU J. Research on the development mechanism of China's ocean carbon sink trading under the "dual carbon" goal. Chinese Journal of Environmental Management, 14 (4), 44, 2022.
 
5.
ZHAO Y., QIAO Y., ZHANG L.W. Development mechanism and trading mode of ocean carbon sink. Bulletin of Chinese Academy of Sciences, 36 (3), 288, 2021.
 
6.
LI M.X., XU C.C., WANG T., HU J. Progress, challenges and development strategies of China's marine carbon sink trading mechanism under the "dual carbon" goal. Science and Technology Management Research, 43 (4), 193, 2023.
 
7.
WEN Y., WANG L., HU P.Q., GAO G.L. Mechanism design and path model of high efficient carbon trading market. Macroeconomic Management, 9, 40, 2022.
 
8.
LI Y. Current situation, problems and suggestions of carbon emission trading pilot in Fujian Province. Macroeconomic Management, 2, 66, 2018.
 
9.
SHEEHY J., PORTER J., BELL M., KERR S. Redefining blue carbon with adaptive valuation for global policy. Science of the Total Environment, 908, 168253, 2023. https://doi.org/10.1016/j.scit....
 
10.
THOMAS S. Blue carbon: Knowledge gaps, critical issues, and novel approaches. Ecological Economics, 107, 22, 2014. https://doi.org/10.1016/j.ecol....
 
11.
YE Q., GAO C.Y., JIANG G.X. The structure design of China blockchain carbon market for the future big data environment. Journal of Management World, 38 (1), 229, 2022.
 
12.
ZARATE-BARRERA T.G., MALDONADO J.H. Valuing blue carbon: carbon sequestration benefits provided by the marine protected areas in Colombia. PLoS ONE, 10 (5), 126627, 2015. https://doi.org/10.1371/journa....
 
13.
SHEN J.S., LIANG R.F. Study on the blue carbon sink pricing of marine ranch. Resources Science, 40 (9), 1812, 2018.
 
14.
JIANG J.H. Analysis of carbon pricing mechanism and proposals on the improvement of China's carbon market under carbon neutralization. Price: Theory & Practice, 2, 26, 2022.
 
15.
BUDITAMA A. Blue carbon for reducing the impacts of climate change: an Indonesian case study. Global Ecology & Biogeography, 154, 68, 2016.
 
16.
LU Z.W., YE X.F., QIAN L.H., FANG Y. Research on the development of China's carbon emissions trading system and carbon finance under the vision of "carbon neutrality". Southwest Finance, 12, 3, 2021.
 
17.
JIANG Y.T. Analysis of Fujian Ocean carbon sink trading and its legal issues. Journal of Fujian Agriculture and Forestry University (Philosophy and Social Sciences), 22 (1), 93, 2019.
 
18.
CHEN X.B., GUO J., ZENG S., CHEN N. Analysis on ocean carbon sink trading and financial support under the background of "dual carbon". Fujian Finance, 4, 46, 2023.
 
19.
JI L.J. China has accelerated the path choice of marine blue carbon market construction. Price: Theory & Practice, 11, 55, 2021.
 
20.
XIE S.M., LUO W.L., HE Y.X., HUANG H.M., LI C.L. Construction of China's marine carbon sink trading market. Science and Technology Review, 39 (24), 84, 2021.
 
21.
DUAN K., LIU Z.Y., LI G., YUAN G.H., DENG F., LU D.L. Research on the coastal blue carbon ecosystem conservation and carbon trading mechanism. Natural Resource Economics of China, 34 (12), 37, 2021.
 
22.
LI S.Y. Legal obstacles and countermeasures of China-Europe blue carbon finance cooperation under carbon neutrality. Shanghai Finance, 11, 34, 2021.
 
23.
CAO Y.M., KANG Z.Q., BAI J.D., CUI Y., CHANG I., WU J. How to build an efficient blue carbon trading market in China? - a study based on evolutionary game theory. Journal of Cleaner Production, 367, 132867, 2022.
 
24.
BAI Y., HU F. Research on China's marine blue carbon trading mechanism and its institutional innovation. Science and Technology Management Research, 41 (3), 187, 2021.
 
25.
MAO Z., CHEN H., SUN L.J., ZHAO H.D., XING Q.H. Analysis of ocean carbon sink in China: current situation, problems and suggestions. Environmental Protection, 50 (7), 50, 2022.
 
26.
CHEN G.C., WANG J., XU F.H., YANG Y.X.Y., FAN M., HUANG S.F., WANG Z.Y., YANG B., NIE X., CHEN S.Y., ZHANG J., CHEN B. Progress of coastal wetland blue carbon projects in carbon market and advice on facilitating the development of blue carbon project in China. Journal of Applied Oceanography, 41 (2), 177, 2022.
 
27.
LI M.X., LIANG C., ZHANG Q.Q., LIU Y.X., HU J., LI J.R. International progress and enlightenment of ocean carbon sink trading. Ocean Economy, 12 (5), 95, 2022.
 
28.
PAN X.B. Theoretical isomorphism and legal path in construction of blue carbon market of China. Journal of Hunan University (Social Sciences), 32 (1), 155, 2018.
 
29.
WILLIAMS J.R., MOONEY S., PETERSON J.M. What is the carbon market: Is there a final answer? Journal of Soil and Water Conservation, 64 (1), 27A, 2009. https://doi.org/10.2489/jswc.6....
 
30.
GRUBER N., BAKKER D.C.E., DEVRIES T., GREGOR L., HAUCK J., LANDSCHÜTZER P., MCKINLEY G.A., MÜLLER J.D. Trends and variability in the ocean carbon sink. Nature Reviews Earth & Environment, 4 (2), 119, 2023. https://doi.org/10.1038/s43017....
 
31.
HEINZE C., MEYER S., GORIS N., ANDERSON L., STEINFELDT R., CHANG N., QUÉRÉ C.L., BAKKER D.C.E. The ocean carbon sink–impacts, vulnerabilities and challenges. Earth System Dynamics, 6 (1), 327, 2015. https://doi.org/10.5194/esd-6-....
 
32.
SABINE C.L., FEELY R.A., GRUBER N., KEY R.M., LEE K., BULLISTER J.L., WANNINKHOF R., WONG C.S., WALLACE D.W.R., TILBROOK B., MILLERO F.J., PENG T., KOZYR A., ONO T., RIOS A.F. The oceanic sink for anthropogenic CO₂. Science, 305 (5682), 367, 2004. https://doi.org/10.1126/scienc....
 
33.
WANG J., LI Z.J. Exploring carbon sink trading mechanism to realize the value of ecological products: a case study of Dapeng new district, Shenzhen. Practice and Theory of the Special Zone, 1, 51, 2021.
 
34.
CONTRERAS C., THOMAS S. The role of local knowledge in the governance of blue carbon. Journal of the Indian Ocean Region, 15 (2), 213, 2019. https://doi.org/10.1080/194808....
 
35.
SUN C.F., BI J., LI X.Y., SUN Y.J., YU K.Y. Research on the construction of blue carbon trading system. Chinese Science and Technology Journal Database (Full text) Social Sciences, 4, 183, 2023.
 
36.
LIU C., LIU G.Y., CASAZZA M., YAN N.Y., XU L.Y., HAO Y., FRANZESE P.P., YANG Z.F. Current status and potential assessment of China's ocean carbon sinks. Environmental Science & Technology, 56 (10), 6584, 2022. https://doi.org/10.1021/acs.es....
 
37.
WANG Y., ZHANG L., ZHANG D.H. Primary research on development strategy choice of fuling forestry exchange based on SWOT-AHP. Forestry Economics, 36 (9), 65, 2014.
 
38.
XIE B.S., WEI Y.Z. The SWOT analysis of forest tenure trade centers in Fujian Province - based on the investigation into Yong'an, Sha, Youxi and Shaowu county. Forestry Economics, 30 (6), 501, 2010.
 
39.
LIN J.J., WEI W.Y., ZHANG Q., WEI Y.Z. Operation Effect of a Regional Carbon Market Based on Analytic Hierarchy Process-Fuzzy Comprehensive Evaluation: A Case Study of the Environmental and Energy Exchange in Fujian Province. Polish Journal of Environmental Studies, 32 (4), 2023. https://doi.org/10.15244/pjoes....
 
eISSN:2083-5906
ISSN:1230-1485
Journals System - logo
Scroll to top