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DEMO

Lofoten Kelp Forest Restoration

Blue Carbon Project

Large-scale kelp forest restoration project in the Lofoten archipelago, Norway, sequestering carbon through marine biomass growth.

Available Credits

14,819

tCO₂e

Total Issued

24,408

tCO₂e

Sold

3,957

tCO₂e

Retired

1,669

tCO₂e

Price Per Unit

$42.50

USD

Price History

$45.67 per tCO₂e

Transfer Credits

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Project Details

Proponent

Nordic Blue Carbon AS

Credit Type

Blue Carbon Project

Project Type

Blue Carbon

Activity

Kelp Forest Restoration

Methodology

VM0033 - Methodology for Tidal Wetland and Seagrass Restoration

Validation

DNV GL

Cred. period start

01/01/2024

Cred. period end

31/12/2053

Status

REGISTERED

Marine Specifics

Marine Zone

North Atlantic - Norwegian Sea

Kelp Species

Laminaria hyperborea

Restoration Area

2,500 hectares

Species Protected

12 marine species

Water Depth

5-30 meters

Partner

Norwegian Institute of Marine Research

DEMO
Lofoten Kelp Forest Restoration
Project Overview

Description

The Lofoten Kelp Forest Restoration project is a pioneering blue carbon initiative located in the pristine waters of the Lofoten archipelago in northern Norway. By restoring degraded kelp forests across 2,500 hectares of coastal waters, the project sequesters significant amounts of CO₂ while simultaneously restoring critical marine habitats. The project employs local fishing communities in kelp planting and monitoring activities, creating sustainable livelihoods while combating climate change. Working in partnership with the Norwegian Institute of Marine Research, the initiative uses advanced underwater drone technology to map and monitor kelp growth, ensuring accurate carbon sequestration measurement.

Total Credits

24,408

tCO₂e

Price Per Ton

$42.50

USD

Vintage 2025

14,643 tCO₂e issued

50.9% available

Vintage 2024

9,765 tCO₂e issued

75.4% available

Documents

All documents connected to this project

Environmental and Socio-economic Safeguards Report v1.0.pdf
Project_Boundary_Coordinates.kml
Project Design Document (PDD) v1.0 Draft.pdf
Project Design Document (PDD) v1.0.pdf
Land Title and Property Ownership Certificate.pdf
Media Gallery

No media available for this project

Location
Lofoten, Norway
Transaction History
TypeCollectionAmountPriceValueSellerBuyer
18/02/2026RETIREDLofoten Kelp Forest Restoration38 tCO₂eNordic Nature Fund
31/01/2026SOLDLofoten Kelp Forest Restoration406 tCO₂e$48.53$19,703.18Project ownerClimatePoint
29/01/2026SOLDLofoten Kelp Forest Restoration429 tCO₂e$38.57$16,546.53Project ownerFerry LLC
27/06/2025RETIREDLofoten Kelp Forest Restoration343 tCO₂eFerry LLC
23/11/2025SOLDLofoten Kelp Forest Restoration297 tCO₂e$47.77$14,187.69Project ownerNordic Nature Fund
23/04/2025RETIREDLofoten Kelp Forest Restoration447 tCO₂eClimatePoint
22/03/2025SOLDLofoten Kelp Forest Restoration344 tCO₂e$41.67$14,334.48Project ownerClimatePoint
21/10/2025SOLDLofoten Kelp Forest Restoration401 tCO₂e$36.28$14,548.28Project ownerNordic Nature Fund
21/02/2026RETIREDLofoten Kelp Forest Restoration97 tCO₂eClimatePoint
18/11/2025RETIREDLofoten Kelp Forest Restoration277 tCO₂eClimatePoint
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