Op-ed by our Technical Advisor on Mangrove Markets in Kenya, Esther Ngure in SG Voice. The article is about removing barriers to investment in mangrove forests to ensure equitable access and benefit.
“Mangroves absorb and store phenomenal amounts of carbon, making the coastal forests powerful allies in the battle against climate change,” Ngure explains. “Given the presence of mangroves in Asia and the Americas, and the other forms of blue carbon ecosystems around the world, including seagrass meadows and tidal marshland, this is an opportunity to combine much-needed economic development with local ecosystem protection and global emissions reduction. A win-win-win.
But more needs to be done to enable this vision. Blue Ventures has identified a series of barriers to adequate climate finance in mangrove carbon projects. This includes challenges to local ownership of mangroves, which often sit on public land, and to policies that are often absent, obscure, and changing.”
Read the full article: Blue carbon: channelling climate finance to incentivise community-led conservation