In partnership with Coles
We’re proud of our 10-year, $10m partnership with Coles to help strengthen the regeneration and resilience of the Great Barrier Reef through the ‘Blue Carbon Partnership’.
The ‘Blue Carbon Partnership’ recognises the critical need to help mitigate the impacts of climate change and protect marine ecosystems across the iconic Great Barrier Reef in alignment with Coles’ Together to Zero sustainability ambitions.
Through the partnership, Coles will dedicate funds towards a number of innovative projects based on ‘blue carbon’ – the process of capturing and storing carbon in oceanic or coastal ecosystems such as mangroves, tidal marshes and seagrasses.
They act like sponges that absorb carbon dioxide molecules from the air and have the potential to capture and store more carbon than tropical rainforests as well as hold it underground for centuries - helping in the fight against climate change.
Coles’ investment will commence with two pilot projects designed to unlock the Reef’s blue carbon potential, increase biodiversity, accelerate scientific research and support communities along the Reef.
These projects include:
Coastal habitat restoration: Working with farmers to reinstate a significant coastal wetland in the Great Barrier Reef catchment. It is the largest blue carbon project to date in Queensland’s Great Barrier Reef catchment and is designed to deliver benefits to the ecosystem. Restoring these wetlands will also help reintroduce highly effective carbon sinks to capture and store atmospheric carbon. Wetland restoration boosts water quality, supports biodiversity, and builds the resilience of coastal habitats in the face of climate change.
Seagrass nurseries: Developing the first large-scale seagrass nursery in partnership with leading seagrass researchers and Traditional Owners of the Reef. Seagrass meadows reduce the impact of catchment run-off, provide breeding grounds for fish and shellfish, as well as capturing and storing carbon. The creation of a seagrass nursery and a demonstration site will help unlock the science needed to support seagrass restoration at a scale that makes a meaningful difference. It also supports a healthier marine ecosystem, increases blue carbon capture and fosters long-term job creation.
Under the partnership, Coles will also engage customers, inspire team members and work with suppliers to raise awareness of the need to protect Reef habitats and ecosystems.
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