The single biggest opportunity in this space is the deployment of offshore wind. By replacing fossil fuel–based energy, offshore wind could deliver an estimated achievable impact of 1.90–3.04 Gt CO₂‑eq/yr
, making it one of the most important mitigation options on land or at sea. However, offshore wind must be sited carefully to avoid disrupting carbon-sequestering ecosystems.
Such ecosystems provide the next best opportunity. Protecting coastal wetlands (salt marshes, seagrasses, mangroves) and seaweed ecosystems from ongoing loss, which has been approaching 1.2–3.5% of their global distribution or more annually, can help prevent the carbon they store from being released while also maintaining their ability to remove carbon. Collectively, protecting coastal and ocean ecosystems could deliver a climate benefit of up to 0.21–0.30 Gt CO₂‑eq/yr,
placing them on the low end of our Highly Recommended solutions set despite being frequently touted as a major global climate mitigation strategy. That said, these solutions are well worth deploying because they are ready now and they provide substantial benefits beyond carbon.
Many other ocean climate solutions remain worthwhile despite limitations in scale and climate impact. For instance, restoring coastal wetlands (mangroves, salt marshes, seagrasses) and seaweed ecosystems, reducing overfishing, protecting the seafloor, improving fishing vessel efficiency, and improving aquaculture can contribute to climate goals, although their impacts are expected to be much smaller (<0.1 Gt CO₂‑eq/yr
each).
More novel marine CO₂
removal approaches remain uncertain, and all face challenges in proving they reliably work, can be scaled, and are cost-effective and low-risk. These include ocean alkalinity enhancement and ocean electrochemistry, which aim to increase the ocean’s capacity to store carbon by altering seawater chemistry, and seaweed farming for food. Such approaches could become more important over time, but they still face major questions.
Others, including ocean biomass sinking, artificial upwelling, and ocean fertilization, are not recommended because they are likely not effective (e.g., artificial upwelling) and/or they manipulate ocean biology, which could create novel, widespread ecological risks that ripple across our oceans and whose effects we don’t yet fully understand but expect to be widespread if deployed at scale.
The Ocean Funding Gap
Funding to advance ocean climate solutions has grown rapidly in recent years, but it remains insufficient. Offshore wind and ocean protection, which have clear and immediate climate value, need more funding for implementation. Novel marine carbon dioxide removal (mCDR) approaches also require significant additional investment, but in this case to resolve basic questions.
Ocean climate funding, which includes offshore wind as well as early-stage mCDR, increased from about US$31 million in foundation funding in 2018 to US$238 million in 2024. Offshore wind received about US$59 million in foundation funding in 2024 and nearly US$128 million in venture capital funding. However, this is just a fraction of what’s needed for offshore wind, with estimated investment needs of US$100 billion by 2050.
Ocean protection funding shows a different pattern. Funding from all sources is estimated at about US$1.2 billion/yr but has plateaued despite an estimated need of nearly US$16 billion/yr to achieve 30x30, the global target to protect 30% of the ocean by 2030. Foundation funding for protected areas and habitat protection has grown to about US$344 million in 2024 from under US$150 million in 2015, but remains far below the need.