# Valuing the ocean carbon sink in light of national climate action plans

Johannes Karstensen, Wilfried Rickels, Pierre Testor, Maciej Telszewski

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Johannes Karstensen, Wilfried Rickels, Pierre Testor, Maciej Telszewski. Valuing the ocean carbon sink in light of national climate action plans. Oceanography, 2021, Frontiers in Ocean Observing: Documenting Ecosystems, Understanding Environmental Changes, Forecasting Hazards., 34 (supp. 4), pp.50-51. 10.5670/oceanog.2021.supplement.02-21. [https://hal.science/hal-03870013](https://hal.science/hal-03870013)

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# Valuing the Ocean Carbon Sink in Light of National Climate Action Plans

By Johannes Karstensen, Wilfried Rickels, Pierre Testor, and Maciej Telszewski

Signatory states to the Paris Agreement are required to formulate and implement national climate action (NCA) plans to direct their nationally determined contributions (NDCs) in reducing greenhouse gases (GHGs) and in particular carbon dioxide (CO₂) emissions (UNFCCC, 2015). The NCA plans address CO₂ management for all components of society, be it food, mobility, energy, or consumption. The extent to which NCA plans are in line with the overall targets will be assessed during global stocktakings, with the first one scheduled for 2023. Limiting global temperature increase by reducing GHG and CO₂ emissions will depend crucially on natural, non-anthropogenic sink efficiency. The ocean currently removes 25%-30% of the CO₂ emitted to the atmosphere by human activities (Friedlingstein et al., 2020), thereby providing, alongside other critical ecosystem services, an important societal wealth contribution via CO₂ sequestration.

From the above results, it is obvious that the ocean CO₂ monitoring system must be able to determine the present and future CO₂ uptake with sufficient accuracy. To justify the effort involved, it is also useful to determine the monetary value of the oceanic sink. This can be done in three ways: a cost-benefit analysis (CBA), a cost-effectiveness analysis (CEA), or a market-based CO₂ pricing approach. CBA and CEA both use shadow prices in their calculations that measure the social costs of emitting a marginal tonne of carbon<fnref n="1" />, whereas market prices are used in national accounting to compute, for example, the gross domestic product. In CBA, shadow prices are derived from estimates of costs of climate change impacts. In CEA, shadow prices are derived under a given target, such as a temperature

target as defined in the Paris Agreement. Put simply, CBA provides information on how much wealth is generated by the ocean in terms of reducing climate change, and CEA provides information on how much wealth is generated by reducing emissions abatement costs for the given target. The latter information is in most cases more reliable and can also be obtained with a market-based approach, given the regulatory framework and that a market is in place. Observed CO₂ prices can also be used to assess the value of CO₂ sinks, even though these sinks are not involved in trading. The market and the underlying regulatory framework are ideally designed to regulate anthropogenic activities, so given natural CO₂ sequestration, targets like net-zero CO₂ can be achieved. However, a weakening of natural sinks implies, in turn, that faster reductions and additional atmospheric CO₂ removal will be required. Similarly, the market price would increase given that a weakening of CO₂ sinks is expected to be considered in the underlying regulatory framework, defining the scarcity in a given CO₂ market.

Hence, highly reliable information about current and future ocean CO₂ sinks provides value information for policymakers to properly align the regulatory framework, and for the business community to form realistic CO₂ price expectations. Furthermore, CO₂ sequestration by ocean sinks varies regionally—and 38% of the global ocean comprises territorial waters (Figure 1). Considering the regional variations in CO₂ emissions and in sink activity implies that the CO₂ wealth effects vary considerably for different countries (Bertram et al., 2021). Although regional differences in terrestrial CO₂ sinks are considered in national emissions inventories, regional ocean sink contributions are not yet included in the determination of international burden sharing regarding CO₂ emissions abatement. Thus, the current framework favors countries with large terrestrial CO₂ sinks to the disadvantage of countries with large territorial ocean sinks. However, costs of ocean CO₂ fluxes are highly interconnected: variability in the global ocean CO₂ uptake of atmospheric CO₂ will influence the CO₂ uptake in territorial waters.

<figure><img src="image_2.png" /><figcaption>FIGURE 1. World ocean territorial boundaries and Exclusive Economic Zones (EEZs).</figcaption></figure>

<footnote n="1">¹ Marginal cost of the impacts caused by emitting one extra tonne of carbon dioxide at any point in time.</footnote>
Therefore, improved and reliable estimates of
ocean CO₂ uptake are required to properly steer
the ambitious levels included in the NDCs, to
allow for improved burden sharing, to attribute
territorial ocean CO₂ uptake appropriately to
countries, and to account for ocean carbon diox-
ide removal (CDR). Current scenarios still focus
predominantly on terrestrial CDR, mostly because
economic integrated assessment models are not
yet capable of properly modeling ocean CDR.
Given an increasing requirement for CDR due
to the weakening of CO₂ sinks, the necessary
net CO₂ emissions path is unlikely to be achiev-
able without ocean CDR solutions, for example,
ocean alkalinity management. However, properly
assessing CDR via ocean-based measurements, which will
be part of future NDCs, requires accounting for the feed-
back of territorial ocean CO₂ uptake on global CO₂ uptake.

In general, the assessment of ocean CO₂ sequestration must be based on understanding the processes of and monitoring both fluxes and storage of CO₂ in the ocean—from regional to global scales. The processes controlling CO₂ in the ocean are often separated into “solubility pump” (controlled by physics and biogeochemistry) and “biological pump” (controlled by biochemistry and biology) concepts. However, these two pumps are interlinked via underlying processes and may also counteract each other in the matter of net CO₂ uptake; for example, in highly productive upwelling regions, the CO₂ sink created by the biological pump may compensate for the outgassing of CO₂ driven by the solubility pump (Figure 2). Carbon assessments require determining the efficiency of both pumps and coordination of the underlying ocean observations that make use of multiple platforms (ships, underwater as well as surface autonomous vehicles, floats, moorings, and satellites) equipped with sensors and samplers employing a diverse pool of sensing technology (optical, particle probes, electrochemical) and operating at varying levels of technological readiness.

Data harmonization and quality control along with FAIR
(Findable, Accessible, Interoperable and Reusable) access
to data permit a wide spectrum of applications across dis-
ciplines and needs, and they must be ensured to enable
integration of the various data streams into regional and
global carbon products. Regional (and global) carbon
data products with sufficient temporal and spatial res-
olutions are required for assigning values to Exclusive
Economic Zone CO₂ sinks. Global coordination of observa-
tional efforts, science approaches, and coordination with
global syntheses are performed under the auspices of the
International Ocean Carbon Coordination Project (IOCCP).

A key aspect for use of data in the context of NCA plans
is the global harmonization of error/uncertainties esti-
mates that, for the ocean interior, are based on Reference
Material (RM). In order to integrate the benefits of RM into
a multiplatform observing system, a reference grid of long-
term, sustained observations made using RM needs to be
maintained. That in turn is used as a reference for sec-
ondary quality control of observations that do not allow
direct RM traceability (e.g., expendable sensors or devices
with exceptionally long endurance under harsh conditions
and impacted by biofouling). IOCCP works directly with the
Surface Ocean CO2 NETwork (SOCONET) and the Global
Ocean Ship-based Hydrographic Investigations Program
(GO-SHIP) to assure global coordination related to data
quality standards and protocols. At a regional scale, the
station labeling procedure of the Ocean Thematic Center
(OTC) of the European Research Infrastructure Integrated
Carbon Observation System-Ocean Thematic Centre (ICOS-
OTC) is a prime example of successful implementation of
data management procedures that result in delivery of
high-quality information with known uncertainty. ICOS-
OTC also focuses on other greenhouse gases, and the OTC
maintains thematic centers to coordinate atmospheric
and terrestrial domains to deliver sustained, truly inte-
grated observations that benefit a variety of stakeholders.

<figure><img src="image_3.png" /><figcaption>FIGURE 2. Sketch of carbon fluxes for an arbitrary EEZ bounded by a seafloor (gray).</figcaption></figure>

REFERENCES

Bertram, C., M. Quaas, T.B.H. Reusch, A.T. Vafeidis, C. Wolff, and W. Rickels. 2021. The blue carbon wealth of nations. *Nature Climate Change* 11:704–709, https://doi.org/10.1038/s41558-021-01089-4.

Friedlingstein, P., M. O'Sullivan, M.W. Jones, R.M. Andrew, J. Hauck, A. Olsen, G.P. Peters, W. Peters, J. Pongratz, S. Sitch, and others. 2020. Global carbon budget 2020. *Earth System Science Data* 12:3,269–3,340, https://doi.org/10.5194/essd-12-3269-2020.

UNFCCC (United Nations Framework Convention on Climate Change). 2015. Adoption of the Paris Agreement, 21st Conference of the Parties, United Nations, Paris.

ARTICLE DOI: https://doi.org/10.5670/oceanog.2021.supplement.02-21
## AUTHORS

Johannes Karstensen (jkarstensen@geomar.de), GEOMAR Helmholtz Centre for Ocean Research Kiel, Germany. Wilfried Rickels, Kiel Institute for the World Economy, Germany. Pierre Testor, CNRS - Sorbonne Université, Laboratoire d'Océanographie et de Climatologie, Institut Pierre Simon Laplace, Observatoire Ecce Terra, France. Maciej Telszewski, International Ocean Carbon Coordination Project, Institute of Oceanology, Polish Academy of Sciences, Poland.

## ARTICLE CITATION

Karstensen, J., W. Rickels, P. Testor, and M. Telszewski. 2021. Valuing the ocean carbon sink in light of national climate action plans. Pp. 50–51 in *Frontiers in Ocean Observing: Documenting Ecosystems, Understanding Environmental Changes, Forecasting Hazards*. E.S. Kappel, S.K. Juniper, S. Seeyave, E. Smith, and M. Visbeck, eds, A Supplement to *Oceanography* 34(4), https://doi.org/10.5670/oceanog.2021. supplement.02-21.

## COPYRIGHT & USAGE

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