Author: José Fernando Ochoa Pineda – Director General, DAN María Obdulia Llano Blanco – Directora del Programa de Análisis de Políticas Públicas y Legislación, DAN Marco Antonio Lazcano Sahagún – Director del Programa de Litigio Ambiental, DAN. Contact: firstname.lastname@example.org
This paper examines potential sources of funding under California Law to protect blue carbon coastal eco-systems in Baja California and Baja California Sur. The potential funding sources include (1) the California regulatory regime for protection of specified species and related habitats; (2) the California Cap-and-Trade Program to reduce greenhouse gases emitted by certain covered entities, and (3) the California Environmental Quality Act (“CEQA”) with respect to mitigation of greenhouse gas emissions related to CEQA-covered development projects. We conclude that there are paths for funding blue carbon project on the Baja Peninsula in Mexico from each of these sources. However, there are barriers along each of these paths, particularly arising from uncertainties as to the interpretation and application of the respective bodies of law. It will be necessary to engage with government bodies on both sides of the border to determine if such barriers can be overcome.