ASMASYS II (Assessing Marine Carbon Removal: Synthesis, Scenarios & Governance) is a research consortium within the CDRmare research mission. The research group Nature's Values contributes economic expertise at the interface to environment and society to the research network through the sub-project “Economic Valuation of Marine CO2 Removal Options”.
CDRmare
In order to support pathways to mitigate the increasingly drastic consequences of human-made climate change and to achieve the Paris Agreement goals, the removal of CO2 from the atmosphere will be an important measure alongside massive CO2 emission reductions. The research mission CDRmare (CDR: Carbondioxide Removal – CO2 removal) will investigate whether and to what extent the ocean can play a significant role in the removal and storage of CO2 from the atmosphere. It will also consider the linkages with and impacts on the marine environment, Earth system, and society, as well as appropriate approaches for monitoring, attributing, and accounting for marine carbon storage in a changing environment.
ASMASYS II
In the first funding phase, ASMASYS developed a transdisciplinary assessment framework for marine Carbon Dioxide Removal (CDR) options. This forms the basis for a standardized assessment and will be further developed and applied in ASMASYS II. Expertise in the natural sciences, social sciences and humanities is taken into account. The team from the research group Nature's Values at Leipzig University contributes the economic perspective at the interface with ecological and social sustainability aspects.
Economic Valuation of Marine CO2 Removal Options
The economic assessment project (ASMASYS-F) aims to develop an economic assessment framework for marine CDR methods. The project will contribute to assessing the economic costs and benefits of marine CDR methods in a more comprehensive approach to sustainable management of atmosphere-biosphere interactions, in particular with regard to the interactions between the role of the ocean in the climate system and marine ecosystem services. A central focus is the investigation of empirical preferences of the population for marine ecosystem services and their integration into the economic valuation model. The 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 taken into account in relevant policy advice processes at national and European level.
ASMASYS II Consortium
Dr. Nadine Mengis, Dr. Makcim De Sisto, Judith Matz, GEOMAR Helmholtz Centre for Ocean Research Kiel; Jun.-Prof. Dr. Christian Baatz, Prof. Dr. Nele Matz-Lück, Dr. Lukas Tank, Dr. Lieske Voget-Kleschin, Dr. Tony Cabus, Kiel University (CAU); Dr. Miranda Boettcher, German Institute for International and Security Affairs (SWP); Prof. Alexander Proelß, Dr. Robert Steenkamp, University of Hamburg (UHH); Dr. Jessica Strefler, Potsdam Institute for Climate Impact Research (PIK); Jun.-Prof. Dr. Martin Hänsel, Dr. Julian Sagebiel, Malin Wiese, Leipzig University
Funding
ASMASYS II - F is a sub-project of ASMASYS II and 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).
For more information on CDRmare click here and for more on ASMASYS here.