The aim of the joint project ASMASYS II, in which Leipzig University collaborates with the GEOMAR Helmholtz Centre for Ocean Research Kiel, Kiel University, the German Institute for International and Security Affairs, the University of Hamburg and the Potsdam Institute for Climate Impact Research, is to further develop a transdisciplinary assessment framework for marine CO2 removal (CDR) options. It is funded by the German Federal Ministry of Education and Research (BMBF) within the research mission CDRmare (Marine Carbon Sinks in Decarbonization Pathways) and the funding scheme MARE:N (Coastal, Marine and Polar Research). Within the subproject “Economic Valuation of Marine CO2 Removal Options” the research group Nature's Values contributes an economic perspective to the assessment framework while taking into account ecological and social sustainability aspects.
The subproject ASMASYS II at Leipzig University aims at developing an economic assessment framework that considers the costs and benefits of marine CDR methods in a more comprehensive way than previously done. In particular, the envisaged framework will take into account the interactions between the role of the ocean in the climate system and marine ecosystem services by explicitly incorporating empirical preferences for marine ecosystem services into an integrated climate-economy model. The expected research results should
- make an important new contribution to environmental and climate economics,
- complement the interdisciplinary assessment framework for marine CDR methods from an economic perspective and
- be considered in relevant policy advice processes at national and European level.
The subproject is headed by Junior Professor Dr. Martin Hänsel. Research associates Dr. Julian Sagebiel (starting November 2024) and Malin Wiese (from August 2024 on) as well as research assistants are working on the project.
You can find more information on the site of the research group Nature’s Values and the sites of ASMASYS and CDRmare.