Carbon Services in Marine Ecosystem Accounts: Supporting the UNFCCC and the KMGB Framework

Ocean Accounts integrate ecological, economic, and social data, providing a framework to inform policymaking, investment, and trade-off decisions. One of the world’s largest maritime nations, Portugal was among the first countries to create an Ocean Satellite Account and is now developing a Marine Ecosystem Services Account, coordinated by IPMA, with Statistics Portugal. In the spirit of “Global Mutirão”, this session underscores the urgency of embedding the ocean in climate action.