Who gains from saving nature
Ledger 1 : 33 — For each dollar financing nature-based solutions in 2023, about $33 financed activities harmful to nature. (UNEP)
Cases / Fishing ban · Dominica · 2023–2025

Dominica passes law for sperm whale reserve; carbon claim has no credit scheme

Short record: the main facts, with sources. A full case file has not been prepared.

Nature's voice · report
No measurement of the harm done to me here is on record.
Did nature suffer? Not measured.
What the record lacks: 1 none on record · 3 insufficient · 1 not measured · 1 disputed · 1 unclear See the gaps

Dominica set up a sperm whale reserve whose law does not tie it to carbon credits. Scientists have disputed the carbon estimates behind the whale-credit idea, and the sources reviewed show no whale carbon credit sold.

What?
Dominica declared a sperm whale reserve by law, with no carbon-credit scheme in the law; the reserve was linked to a claim that whale protection stores 4,200 tonnes of carbon a year. National Geographic Society
Where?
Dominica; Montreal, Canada; Eclipse Sound, Nunavut, Canada
When?
Whale carbon idea in 2010; project announced June 2022; reserve announced 2023; bill approved October 2025
Who?
Gained
  • Whale Seeker — Montreal company that announced the Whale Carbon Plus project in June 2022, aiming to sell verified carbon and biodiversity credits within two years
  • Baffinland — Named as a partner in the Whale Carbon Plus project; operates the Mary River iron mine in northern Canada
Lost
None on record
Harmed
  • Narwhal near Eclipse Sound, Nunavut — Count fell from 9,931 in 2019 to 5,019 in 2020, according to Baffinland's own consultant; Pond Inlet hunters linked the decline to the mine, and the company cited other possible causes
Why?
National Geographic reported that the scientist behind the proposal aimed to reach policymakers who do not believe in saving animals for their own sake.
How?
The proposal treated whale population recovery as carbon storage that could be sold as credits; the 2022 project planned for investors to buy rights to whale services from government, like bonds paying credits as interest.
6 of 6 questions answered from the record

What happened

The record, in order.

National Geographic reported that Dominica had established the world's first sperm whale reserve in 2023, a move it described as a boost for climate, biodiversity and the local economy.

The claim that the reserve would store 4,200 tonnes of carbon a year, equal to 5,000 cars, was extrapolated from another area, according to the sources reviewed.

Dominica's government reported that in October 2025 parliament approved the bill; the law contains no carbon credit mechanism, and the reserve is to be funded by penalties and donations.

Scientists wrote in December 2022 that whale carbon was not measurable enough for a credit market, while a 2010 study estimated that recovering whale populations could store about 160,000 tonnes of carbon a year.

    In court and with insurers

    Every proceeding and every insurer decision on record.

    Lawsuits and rulings

    No court case on record. No court has ruled on this case.

    Insurers

    No insurer decision on record.

    What we don't know

    Undisclosed, unproven, untried: recorded as data.

    Nature

    • Not measured Harm to nature: The record holds no measurement of harm to nature.

    Record

    • Insufficient Reported but not verified: a campaign group's claim that 41 countries back whale offset credits; the sources link it probably to a 2018 International Whaling Commission decision that is not about credits.
    • Insufficient Reported but not verified: a campaign group's claim that a Disney+ documentary was part of a whale-credit campaign.
    • Insufficient Reported but not verified: a campaign group's link between Kenyan Ogiek evictions in November 2023 and carbon agreements; no direct link is established in the sources.
    • Unclear Not stated: whether any whale carbon credit has been issued, sold or bought; the sources reviewed show none as of October 2026, and the 2022 project's later status is unknown.
    • Disputed Not stated: whether Blue Green Future is the same company as Blue Green World; its founders are named differently across sources.
    • None on record Not stated: the reserve area in the 2025 law; sources give 788, 923 or 1,231 km2.

    Did the harm stop?

    Not stated in the sources reviewed.

    Who paid?

    Not stated in the sources reviewed.

    Sources

    Voices on record: — Company or project— Government and regulators— Courts✓ Press and investigations— Communities and civil society— Researchers

    Press and investigations

    1. Dominica establishes world's first sperm whale reserve
      National Geographic Society · 2023-11-13
    2. Dominica Parliament approves historic bill to establish world's first sperm whale reserve
      Government of Dominica (Prime Minister's Office) · 2025-10-14

    Connected cases

    Related matters, and cases linked to this one through the same organisations, with the role each played in both.
    • IMF whale-value paper and Baffinland narwhal pilot Canada · 2019–2026

    Carbon and conservation finance

    Carbon credit
    A certificate representing one tonne of carbon dioxide (or equivalent) that a project says it reduced, avoided or removed. Buyers use credits to balance their own emissions in climate claims.
    Offset
    Using carbon credits to balance emissions released elsewhere, so that a buyer can claim lower or zero net emissions.