Coastal Restoration Act of 2024

The Coastal Restoration Act of 2024 establishes a federal Interagency Working Group to coordinate research, protection, and restoration of coastal blue carbon ecosystems, including mangroves, marshes, seagrass, and tidal wetlands that sequester carbon. The bill requires creating a national map and inventory of these ecosystems, assessing their carbon sequestration potential, vulnerability to climate impacts, and co-benefits like flood protection. It authorizes $15 million annually for fiscal years 2025-2029 to support pilot programs for ecosystem restoration, develop a Coastal Carbon Data Clearinghouse, and provide technical assistance to state, tribal, and local governments. The law mandates regular reports to Congress on progress, strategic planning for future investments, and assessments of how these ecosystems contribute to climate mitigation. These efforts will inform coastal management decisions, climate policy, and potential carbon credit markets while supporting ecosystem resilience.